Portland daily grain report
Bids as of 9:30 a.m. Pacific time; subject to change
Bids for grains delivered to Portland, Oregon during June 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 June delivery.
Bids for corn are for 30-day delivery.
In early trading July wheat futures were 6.25 to 12.25 cents per bushel higher than Thursday’s closes.
Bids for US 1 Soft White Wheat for June delivery in unit trains or barges were not fully established in early trading, however bids were generally steady to 6.25 cents per bushel higher compared to Thursday’s noon bids. The higher Chicago July wheat futures supported cash bids.
Some exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June delivery were not fully established in early trading but bids trended 12.25 cents per bushel higher than Thursday’s noon bids, in following the higher Kansas City July wheat futures. Some exporters were not issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for June delivery were not well tested in early trading, however, bids trended seven cents per bushel higher compared to Thursday’s noon bids. The higher Minneapolis July spring wheat futures supported cash bids. 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
Jun mostly 7.0100, ranging 6.8150-7.1500
Aug NC 6.9725-7.0000
US 1 White Club Wheat - delivered by Unit Trains and Barges
Jun mostly 7.2400, ranging 7.1150-7.6500
Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.7575-7.9075
10 pct protein 7.7575-7.9075
11 pct protein 7.8375-7.9875
11.5 pct protein
Aug NC 7.8625-7.9625
12 pct protein 7.8975-8.0275
13 pct protein 7.9375-8.0275
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 7.7900-7.9600
14 pct protein
Aug NC 8.0150-8.2150
15 pct protein 8.5100-8.7600
16 pct protein 8.8300-9.0800
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 14.0000
Not well tested.
Exporter Bids Portland Rail/Barge May 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.6500
US 1 Hard Red Winter (Ordinary protein) 8.5600
US 1 Hard Red Winter (11.5% protein) 8.7000
US 1 Dark Northern Spring (14% protein) 8.8100
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMNams.usda.gov
24 Hour Market Report 503-326-2022
8:50 P nd