Portland, OR Mon Dec 23, 2013 USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during December by unit
trains and barges, in dollars per bushel, except oats, corn and barley,
in dollars per cwt. Bids for soft white wheat are for delivery periods
as specified. All other wheat bids are for full December delivery.
Bids for corn are for 30 day delivery.
March wheat futures in early trading were two to five cents per bushel
lower compared to Friday’s closes.
Bids for US 1 Soft White Wheat for December delivery in unit trains
or barges were not fully established in early trading but bids were
indicated as a two cents per bushel lower compared to Friday’s noon bids
in following the lower Chicago March wheat futures. Several exporters
are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for December
delivery were not fully established in early trading but bids were
indicated as five cents per bushel lower compared to Friday’s noon bids
in lining up with the lower Kansas City March wheat futures. Some
exporters are not issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for December delivery were also not fully established in early
trading but were indicated as four cents per bushel lower than Friday’s
noon bids in lining up with the lower Minneapolis March wheat futures and
a higher basis bid by some exporters. Some exporters were not issuing
bids for nearby delivery.
Bids for US 2 Yellow Corn delivered to Portland and the Yakima Valley
were not available.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Dec mostly 6.8400, ranging 6.7150-6.9650
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Dec mostly 7.0900, ranging 6.7150-7.4650
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.3025-7.5025
10 pct protein 7.3025-7.5025
11 pct protein 7.3825-7.5825
11.5 pct protein
12 pct protein 7.4225-7.6425
13 pct protein 7.4225-7.6825
US 1 Dark Northern Spring Wheat (with a minimum of 300 falling numbers, a maximum
of 0.5 part per million vomitoxin, and a maximum of one percent total damage) *
13 pct protein 7.3650-7.7650
14 pct protein
15 pct protein 8.3650-8.5650
16 pct protein 8.7650-8.9650
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland NA
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley NA
US 2 Heavy White Oats in dollars per CWT ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Nov 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.0400
US 1 Hard Red Winter (Ordinary protein) 7.8500
US 1 Hard Red Winter (11.5% protein) 7.9700
US 1 Dark Northern Spring (14% protein) 8.2800
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
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8:45 P nd
Portland, OR Daily Grain Report
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