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 steady to 5.00 cents per bushel higher compared to week ago prices.

Published on November 10, 2017 6:09PM


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. 9

Pacific Northwest Market Summary: Cash wheat bids for November delivery ended the reporting week on Thursday, Nov. 9, were higher compared to week ago noon bids for November delivery.

December wheat futures ended the reporting week on Thursday, Nov. 9, higher as follows compared to week ago closes: Chicago wheat futures were three cents higher at 4.29, Kansas City wheat futures were 3.25 cents higher at 4.29 and Minneapolis wheat futures trended 25.25 cents higher at 6.48. Chicago December corn futures trended nine cents lower at 3.4150 and November soybean futures closed 13.75 cents lower at 9.7525.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during November for ordinary protein trended steady to 5.00 cents per bushel higher compared to week ago prices for the same delivery period from 5.25-5.35. 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 4.7175-4.76 and bids for White Club Wheat were 4.9675-4.98.

Forward month bids for soft white wheat ordinary protein were as follows: December 5.27-5.35, January 5.30-5.40, February 5.32-5.40 and March 5.34-5.40.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 4.5175-4.78, January and February 4.75-4.8950 and March 4.6450-4.8950.

Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during November trended steady to five cents per bushel higher than week ago prices for the same delivery period from 5.25-5.35. 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 4.6675-4.7675 and bids for White Club Wheat were 4.6675-5.0175.

Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: December 5.27-5.35, January 5.30-5.40 and February 5.32-5.40.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 4.5175-4.7675, January and February 4.75-4.9450 and March 4.6450-4.9450.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery trended 3.25 to 18.25 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 were as follows: November 5.84-5.99, December 5.69-5.99, January 5.81-5.96, February and March 5.96.

Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during November trended 25.25 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 7.68-7.78, December 7.58-7.83, January, February and March 7.68-7.93.

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 4.1150-4.1850, January 4.2175-4.2675, February 4.2475-4.2775, March 4.2575-4.2775 and April 4.2350-4.2750.

Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest-BN shuttle trains for November delivery trended 7.75 to 13.75 cents lower than week ago bids for the same delivery period from 10.3525-10.4525. Some exporters were not issuing bids for nearby delivery.

Forward month soybean bids were as follows: December 10.44-10.55 and January 10.42-10.53.

Bids for US 2 Heavy White Oats for November delivery trended 7.25 cents per bushel higher at 3.12 per bushel.

Pacific Northwest Export News: There were six grain vessels in Columbia River ports on Thursday, Nov. 9, with three docked compared to six last week with

five docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA.

CALIFORNIA GRAINS

(USDA Market News)

Nov. 9

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 8.75

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 6.60

Turlock/Tulare 7.99

Rail: Single Car Units via BNSF

Los Angeles-Chino Valley 8.15

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock 8.29

Kings-Tulare-

Fresno Counties 8.29

Glenn County NA

Hanford County NA

Kern County NA

SORGHUM US No 2 Yellow (Milo)

Rail: via BNSF

Los Angeles-Chino Valley 8.53

Truck: Modesto-Oakdale-Turlock

Turlock County NA

Glenn County NA

Kings-Tulare-Fresno NA

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

Truck: Los Angeles-Chino Valley NA

US No 2 White (38 lbs. per bushel)

Rail Petaluma NA

Truck Petaluma NA

Stockton-Modesto-

Oakdale-Turlock 11.50

Colusa County NA

WHEAT US No 2 or better-Hard Red Winter

(Domestic Values for Flour Milling)

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 NA

Kings-Tulare-Fresno Counties 11.00

WHEAT Any Class for Feed

FOB Kings-Tulare-

Fresno Counties 9.35

Kern County NA

Merced County NA

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock 9.00

9.25 Del

Kings-Tulare-

Fresno Counties NA

Fresno NA

Merced County NA

Kern County NA

Colusa County NA



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