JO_GR110
Portland, OR Fri Feb 22, 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 February 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 February delivery.
Bids for corn are for 30 day delivery.
March wheat futures trended steady to ten cents per bushel higher
compared to Thursday’s closes.
Bids for US 1 Soft White Wheat for February delivery in unit trains
or barges were not fully established but were indicated as two to 2.75
cents per bushel higher than Thursday’s noon bids for February delivery.
Some exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for February
delivery were not fully established in early trading but were indicated
as generally steady compared to Thursday’s noon bids for the same
delivery period.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for February delivery were not fully established in early trading
but were indicated as ten to 25 cents per bushel higher than Thursday’s
noon bids in reaction to the higher Minneapolis March wheat futures and a
higher basis bid by some exporters.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 7.50 cents per cwt higher than Thursday’s noon
bids. Higher Chicago March corn futures pressured cash corn bids in
early trading. Corn bids truck delivered to the Yakima Valley also
trended 7.50 cents per cwt higher than Thursday’s noon bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Feb mostly 8.5925, ranging 8.5000-8.6400
Mar 8.6400-8.6900
Apr 8.6500-8.6525
May 8.6500-8.7000
Aug NC 7.7250-7.8250
_
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Feb mostly 8.5925, ranging 8.5000-8.6400
*Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein 8.3325-8.6525
10 pct protein 8.3325-8.6525
11 pct protein 8.5325-8.7725
11.5 pct protein
Feb 8.6325-8.8725
Aug NC 8.3350-8.5350
12 pct protein 8.6825-8.9225
13 pct protein 8.7725-9.0225
_
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 9.0250-9.3150
14 pct protein
Feb 9.1850-9.5150
Aug NC 9.2250-9.2750
15 pct protein 9.1850-9.5150
16 pct protein 9.1850-9.5150
_
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 14.5125-14.6375
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.3750-14.8250
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Jan 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.5300
US 1 Hard Red Winter (Ordinary protein) 8.9100
US 1 Hard Red Winter (11.5% protein) 9.2100
US 1 Dark Northern Spring (14% protein) 9.4800
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/lpsmarketnewspage
8:54 P nd
Portland, OR Daily Grain Report
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