JO_GR110
Portland, OR Wed Jan 16, 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 January 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 January delivery.
Bids for corn are for 30 day delivery.
March wheat futures trended mixed, from five cents lower to 8.75 cents
per bushel higher compared to Tuesday’s closes, with the most decline in
Chicago and the advance in Kansas City.
Bids for US 1 Soft White Wheat for January delivery in unit trains
or barges were not fully established, but bids trended steady to 2.25
cents per bushel lower than Tuesday’s noon bids for January delivery.
Some exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were not fully established in early trading, but were indicated
as 8.75 cents per bushel higher compared to Tuesday’s noon bids for
January delivery, supported by the higher Kansas City March wheat
futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for January delivery were not well tested in early trading, but
were indicated as 0.50 of a cent per bushel lower than Tuesday’s noon
bids for the same delivery period. Bids were pressured by the slightly
lower Minneapolis March wheat futures.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended ten cents per cwt lower compared to Tuesday’s
noon bids. Corn bids truck delivered to the Yakima Valley trended 8.75
to ten cents per cwt lower compared to Tuesday’s noon bids. Lower
Chicago March corn futures pressured cash corn bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Jan mostly 8.5850, ranging 8.5000-8.6775
Feb 8.5500-8.7500
Mar 8.6275-8.7500
Apr 8.7000-8.7500
May 8.7150-8.7650
_
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Jan mostly 8.5850, ranging 8.5000-8.6775
*Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein 9.0700-9.2700
10 pct protein 9.0700-9.2700
11 pct protein 9.2700-9.4700
11.5 pct protein
Jan 9.3700-9.5700
12 pct protein 9.4200-9.6200
13 pct protein 9.5100-9.7200
_
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 9.3075-9.4575
14 pct protein
Jan 9.5075-9.6575
15 pct protein 9.5075-9.6575
16 pct protein 9.5075-9.6575
_
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 15.1250-15.1750
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.8625-15.3375
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Dec 2012
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.5600
US 1 Hard Red Winter (Ordinary protein) 9.2600
US 1 Hard Red Winter (11.5% protein) 9.5200
US 1 Dark Northern Spring (14% protein) 9.8500
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
www.ams.usda.gov/mnreports/JO_GR110.txt
www.ams.usda.gov/lsmarketnews
8:54 P nd
Portland, OR Daily Grain Report
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