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West Coast grain price report

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during November for ordinary protein trended five to 6.75 cents per bushel lower compared to week ago prices for the same delivery period from 5.20-5.35.

Published on November 3, 2017 1:50PM


Grains are stated in dollars per bushel or hundredweight (cwt.) except feed grains traded in dollars per ton. National grain report bids are for rail delivery unless truck indicated.

PORTLAND GRAIN

(USDA Market News)

Portland

Nov. 2

Pacific Northwest Market Summary: Cash wheat bids for November delivery ended the reporting week on Thursday, Nov. 2, were mixed compared to week ago noon bids for November delivery.

December wheat futures ended the reporting week on Thursday, Nov. 2, mixed as follows compared to week ago closes: Chicago wheat futures were 5.75 cents lower at 4.26, Kansas City wheat futures were 2.50 cents lower at 4.2575 and Minneapolis wheat futures trended 2.25 cents higher at 6.2275. Chicago December corn futures trended steady at 3.5050 and November soybean futures closed 17.75 cents higher at 9.89.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during November for ordinary protein trended five to 6.75 cents per bushel lower compared to week ago prices for the same delivery period from 5.20-5.35. Some exporters were not issuing bids for nearby delivery.

White club wheat premiums were zero to five cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat any protein for November delivery by unit trains and barges to Portland were 4.5775-4.8275 and bids for White Club Wheat were 4.70-5.0775.

Forward month bids for soft white wheat ordinary protein were as follows: December 5.23-5.35, January 5.26-5.40 and February 5.29-5.40.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 4.6275-4.8275, January and February 4.86-4.9950 and March 4.7450-4.9950.

Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during November trended five to 6.75 cents per bushel lower than week ago prices for the same delivery period from 5.20-5.35. Some exporters were not issuing bids for nearby delivery.

White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat this week were zero to five cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein for November delivery by unit trains and barges to Portland were 4.5775-4.8775 and bids for White Club Wheat were 4.70-5.1275.

Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: December 5.23-5.35, January 5.26-5.40 and February 5.39-5.40.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 4.6275-4.8775, January and February 4.8950-5.0450 and March 4.7450-5.0450.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery trended mixed, from 2.50 cents lower to 2.50 cents per bushel higher than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. This week, bids were as follows: November and December 5.6575-5.9575, January 5.6850-5.9350 and February 5.8850-5.9350.

Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during November trended mixed, from 2.75 cents lower to 7.25 cents per bushel higher than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. This week, bids for non-guaranteed 14 percent protein were as follows: November 7.4275-7.5275, December 7.3275-7.5775, January and February 7.4650-7.7150.

Coarse feeding grains: Bids for US 2 Yellow Corn delivered full coast Pacific Northwest - BN shuttle trains for November delivery were not available as most exporters were not issuing bids for nearby delivery. Forward month corn bids were as follows: December 4.2150-4.2550, January 4.31-4.33, February 4.33-4.34, March 4.34-4.37 and April 4.3250.

Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for November delivery trended 17.75 cents higher than week ago bids for the same delivery period from 10.49-10.53. Some exporters were not issuing bids for nearby delivery. Forward month soybean bids were as follows: December 10.5825-10.5925 and January 10.5625-10.5925. Bids for US 2 Heavy White Oats for November delivery trended steady at 3.0475 per bushel.

Pacific Northwest Export News: There were six grain vessels in Columbia River ports on Thursday, Nov. 2, with five docked compared to 12 last week with three docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA.

Nov 2, 2017 USDA Market News

CALIFORNIA GRAINS

(USDA Market News)

Nov. 2

Paid by feed manufacturers and other users, delivered plant or receiving station. All prices are offers for prompt shipment unless otherwise stated. Due to limited availability, prices were not available with the exception of the following categories:

BARLEY US No 2 (46-lbs. per bushel)

FOB Solano County NA

Colusa County NA

Tehema County NA

Rail: Any Origin via BNSF and U.P.

Los Angeles NA

Stockton-Modesto-

Oakdale-Turlock NA

Tulare County NA

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock NA

Kings-Tulare-

Fresno Counties NA

Kern County NA

Colusa County NA

Glenn County NA

CORN US No 2 Yellow

FOB Stockton-Modesto-

Oakdale-Turlock NA

Modesto-Oakdale-

Turlock NA

Kings-Tulare-Fresno 6.75

Turlock/Tulare 8.08

Rail: Single Car Units via BNSF

LA-Chino Valley 8.31

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock 8.20

8.38

Kings-Tulare-

Fresno Counties 8.38

Glenn County NA

Hanford County NA

Kern County NA

SORGHUM US No 2 Yellow (Milo)

Rail LA-Chino Valley

via BNSF 8.72

Truck: Modesto-Oakdale-Turlock

Turlock County NA

Glenn County NA

Kings-Tulare-Fresno NA

OATS US No 1 White (40-lbs. per bushel)

Truck LA-Chino Valley NA

US No 2 White (38-lbs. per bushel)

Rail Petaluma NA

Truck Petaluma NA

Stockton-Modesto-

Oakdale-Turlock NA

Colusa County 10.50 Del

WHEAT US No 2 or better-Hard Red Winter

FOB Kern NA

Fresno NA

Merced NA

Truck (California Origin)

LA 12% Protein NA

LA 13% Protein NA

LA 14% Protein NA

Colusa County NA

Rail-Truck (Out of State Origin)

LA Guaranteed 12% Protein NA

LA Guaranteed 13% Protein NA

LA Guaranteed 14% Protein NA

WHEAT US Durum Wheat

FOB Imperial County NA

Truck Imperial County NA

Kern County 10.00 FOB

Kings-Tulare-

Fresno Counties 10.50 FOB

WHEAT Any Class for Feed

FOB Kings-Tulare-

Fresno Counties 9.35

Kern County NA

Merced County NA

Rail-Truck:

LA-Chino Valley NA

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock 9.00 Del

Kings-Tulare-Fresno Counties NA

Colusa County NA



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