Portland Daily Grain report
Bids for grains delivered to Portland, Oregon during July by unit trains and barges, in dollars per bushel, except oats and corn, in dollars per cwt. Bids for soft white wheat are for delivery periods as specified. Hard red winter wheat and dark northern spring wheat bids are for full July delivery. Bids for corn are for 30 day delivery.
September wheat futures closed 10.75 to 14.75 cents per bushel lower than Monday’s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges during July trended 7.75 to 14.75 cents per bushel lower compared to Monday’s noon bids for the same delivery period. Bids were pressured by the lower Chicago September wheat futures, however a higher basis bid by some exporters tempered the declines. Some exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July delivery trended 14 cents per bushel lower than Monday’s noon bids for the same delivery period. The lower Kansas City September wheat futures pressured cash bids. Some exporters are not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for July delivery trended 10.75 to 15.75 cents per bushel lower compared to Monday’s noon bids for the same delivery period. Bids were pressured by the lower Minneapolis September wheat futures and a lower basis bid by some exporters. Some exporters are 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
Jul mostly 6.6950, ranging 6.2000-6.9500 dn 14.75-7.75
Aug NC 6.6500-6.9500 dn 14.75-up 0.25
Sep 6.7000-6.9800 dn 9.75-up 5.00
Oct 6.7375-7.0100 dn 4.00-up 5.00
Nov 6.7875-7.0400 dn 4.00-up 5.00
US 1 White Club Wheat - delivered by Unit Trains and Barges
Jul mostly 7.3750, ranging 6.7000-7.7500 dn 14.75-4.75
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein mostly 7.0750, ranging 6.9450-7.1950 dn 14.00
10 pct protein mostly 7.0750, ranging 6.9450-7.1950 dn 14.00
11 pct protein 6.9650-7.2750 dn 14.00
11.5 pct protein
Jul mostly 7.1950, ranging 7.0650-7.3150 dn 14.00
Aug NC 7.0650-7.3150 dn 14.00
Sep 7.1650-7.4150 dn 14.00
Oct 7.4325-7.6325 dn 7.00-12.00
Nov 7.3825-7.6325 dn 12.00
12 pct protein 7.0650-7.3150 dn 14.00
13 pct protein mostly 7.2650, ranging 7.0650-7.4650 dn 14.00
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 7.4250-7.5750 dn 10.75-15.75
14 pct protein
Jul mostly 7.9350, ranging 7.8550-8.0550 dn 10.75-15.75
Aug NC 7.6050-8.0550 dn 10.75-up 4.25
Sep 7.4050-8.1550 dn 10.75
Oct 7.7075-8.2575 dn 10.00
Nov 7.7075-8.2575 dn 10.00
15 pct protein 8.0950-8.3750 dn 10.75-15.75
16 pct protein 8.3350-8.6950 dn 10.75-15.75
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 unch
Not well tested.
Exporter Bids Portland Rail/Barge Jun 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.9900
US 1 Hard Red Winter (Ordinary protein) 7.8500
US 1 Hard Red Winter (11.5% protein) 7.9700
US 1 Dark Northern Spring (14% protein) 8.3900
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMNams.usda.gov
24 Hour Market Report 503-326-2022
11:50 P nd