Portland, OR Fri Aug 30, 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 September 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 September delivery.
Bids for corn are for 30 day delivery.
September wheat futures trended mixed, from 3.25 cents lower to 4.25
cents per bushel higher compared to Thursday’s closes, with the most
decline in Minneapolis and the advance in Chicago. December wheat
futures trended mixed, from one cent lower to 2.25 cents per bushel
higher, with the decline in Minneapolis and the most advance in Chicago.
Bids for US 1 Soft White Wheat for September delivery in unit trains
or barges trended mixed, from 3.50 cents lower to ten cents per bushel
higher than Thursday’s noon bids for September delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat were not
fully established in early trading but bids for September delivery were
indicated as generally 0.25 of a cent per bushel higher than Thursday’s
noon bids for September delivery. Bids were supported by the
fractionally higher Kansas City December wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for September delivery were not fully established in early trading
but bids were indicated as generally one cent per bushel lower compared
to Thursday’s noon bids for the same delivery period. Bids were
pressured by the lower Minneapolis December wheat futures.
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 *
Sep mostly 7.3575, ranging 7.3500-7.3650
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Sep mostly 7.4200, ranging 7.3500-7.6150
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.9750-8.1150
10 pct protein 7.9750-8.1150
11 pct protein 8.0850-8.1950
11.5 pct protein
12 pct protein 8.1350-8.2550
13 pct protein 8.1350-8.2950
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 7.8700-8.0400
14 pct protein
15 pct protein 8.5700-9.3700
16 pct protein 8.7700-9.9700
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 ** 12.7500
** Not well tested.
Exporter Bids Portland Rail/Barge Jul 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.2300
US 1 Hard Red Winter (Ordinary protein) 7.9600
US 1 Hard Red Winter (11.5% protein) 8.0800
US 1 Dark Northern Spring (14% protein) 8.5900
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:49 P nd