Portland Daily Grain report

Bids as of 9:30 a.m. Pacific time; subject to change.

Bids for grains delivered to Portland, Oregon during July 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. Hard red winter wheat and dark northern spring wheat bids are for full July delivery. Bids for corn are for 30-day delivery.

In early trading September wheat futures trended four to 6.50 cents per bushel higher than Tuesday’s closes.

Bids for US 1 Soft White Wheat for July delivery in unit trains or barges were not fully established in early trading, however bids trended steady to 6.50 cents per bushel higher compared to Tuesday’s noon bids.

The higher Chicago September wheat futures supported cash bids.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July delivery were not well tested, but were indicated as 4.50 cents per bushel higher than Tuesday’s noon bids for the same delivery period, in following the higher Kansas City September wheat futures.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for July delivery were not well tested in early trading but were indicated as four cents per bushel higher compared to Tuesday’s noon bids, with support coming from the higher Minneapolis September spring 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

Jul mostly 6.7575, ranging 6.2650-6.9500

Aug NC 6.7650-6.9500

Sep 6.7650-6.9800

Oct 6.7925-7.0100

Nov 6.8425-7.0400

US 1 White Club Wheat - delivered by Unit Trains and Barges

Jul mostly 7.4375, ranging 6.7650-7.8650

Not fully established.

US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or

better)

Ordinary protein 6.9900-7.2400

10 pct protein 6.9900-7.2400

11 pct protein 7.0100-7.3200

11.5 pct protein

Jul 7.1100-7.3600

Aug NC 7.1100-7.3600

12 pct protein 7.1100-7.3600

13 pct protein 7.1100-7.5100

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 7.4650-7.6150

14 pct protein

Jul 7.8950-8.0950

Aug NC 7.6450-8.0950

15 pct protein 8.1350-8.4150

16 pct protein 8.3750-8.7350

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 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

www.ams.usda.gov/mnreports/jo—;gr110.txt

www.ams.usda.gov/lpsmarketnewspage

8:44 P nd



User Comments

blog comments powered by Disqus