Portland, OR Mon Apr 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 April 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 April delivery.
Bids for corn are for 30 day delivery.
May wheat futures trended steady to 15.75 cents per bushel lower than
Friday’s closes. Minneapolis July wheat futures trended 10.50 cents per
bushel lower than Friday’s close. Kansas City July wheat futures trended
steady compared to Friday’s closes.
Bids for US 1 Soft White Wheat for April delivery in unit trains
or barges were not fully established in early trading but bids were
indicated as 16.75 to 19 cents per bushel lower compared to Friday’s noon
bids. Some exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April
delivery were not fully established in early trading but bids were
indicated as mixed, from 0.50 of a cent lower to 4.50 cents per bushel
higher than Friday’s noon bids. Some exporters switched their basis to
over the July Kansas City wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for April delivery were not fully established in early trading but
bids were indicated as 10.50 cents per bushel lower than Friday’s noon
bids in reaction to the lower Minneapolis July wheat futures.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 18.75 cents per cwt lower than Friday’s noon
bids. Corn bids truck delivered to the Yakima Valley trended 12.50 to
18.75 cents per cwt lower than Friday’s noon bids. Bids were pressured
by the lower Chicago May and July corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Apr mostly 7.7175, ranging 7.6825-7.7500
Aug NC 7.5000
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Apr mostly 7.7175, ranging 7.6825-7.7500
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 8.5550-8.7850
10 pct protein 8.5550-8.7850
11 pct protein 8.7550-8.8650
11.5 pct protein
Aug NC 8.2675-8.3675
12 pct protein 8.8950-9.0050
13 pct protein 8.9550-9.1050
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 9.0575-9.0975
14 pct protein
Aug NC 8.7900-8.9900
15 pct protein 9.2575
16 pct protein 9.2575
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 13.3500-13.6125
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 13.6000-13.8375
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.1600
US 1 Hard Red Winter (Ordinary protein) 8.6200
US 1 Hard Red Winter (11.5% protein) 8.8500
US 1 Dark Northern Spring (14% protein) 9.4500
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
9:04 P nd
Portland, OR Daily Grain Report
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