Advertisement

Posted: Tuesday, November 13, 2012 9:30 AM




Advertisement




Portland daily grain report for Tuesday, Nov. 13, 2012

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

Bids for grains delivered to Portland, Ore., during November 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 November delivery. Bids for corn are for 30 day delivery.

December wheat futures trended two to 12 cents per bushel lower than Monday's closes. March Minneapolis wheat futures were 5.25 cents per bushel lower than Monday's closes, and March Kansas City wheat futures were steady compared to Monday's closes.

Bids for US 1 Soft White Wheat for November delivery in unit trains or barges were not available in early trading as most exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery were not fully established in early trading, but were indicated as mixed, from two cents lower to two cents per bushel higher than Monday's noon bids for November delivery. Lower Kansas City December wheat futures pressured bids. Some exporters have switched their basis

to over the Kansas City March wheat futures.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for November delivery were not fully established in early trading, but bids were indicated as 1.50 to 10.50 cents per bushel lower compared to Monday's noon bids for November delivery. Lower Minneapolis December and March wheat futures and a lower basis bid pressured cash bids.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 6.25 to 7.50 cents per cwt lower compared to Monday's noon bids. Corn bids truck delivered to the Yakima Valley trended 6.25 to ten cents per cwt lower compared to Monday's noon bids. Lower Chicago December corn futures and a lower basis bid by some

corn traders pressured cash corn bids.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - delivered by Unit Trains and Barges *

Nov NA

Dec 8.6500-8.6575

Jan 8.7500-8.9000

Feb 8.8000-8.9000

Mar 8.8000-8.9000

_

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

Nov NA

*Not fully established.

_

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

Ordinary protein 9.4350-9.5250

10 pct protein 9.4350-9.5250

11 pct protein 9.6150-9.7250

11.5 pct protein

Nov 9.6850-9.8250

12 pct protein 9.7050-9.8550

13 pct protein 9.7450-9.9350

_

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 9.8300-9.9700

14 pct protein

Nov 10.0300-10.1300

15 pct protein 10.0300-10.1300

16 pct protein 10.0300-10.1300

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 14.8125-14.8500

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.3125-14.6000

US 2 Heavy White Oats in dollars per CWT ** 13.2500

** Not well tested.

Exporter Bids Portland Rail/Barge Oct 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.7500

US 1 Hard Red Winter (Ordinary protein) 9.3900

US 1 Hard Red Winter (11.5% protein) 9.6600

US 1 Dark Northern Spring (14% protein) 10.1700

Source: USDA Market News Service, Portland, OR

Comments made about this article

Comment on this article

You must LOGIN to post comments

Advertisement

Copyright © 2009-2013 Capital Press, MediaSpan and The Associated Press where indicated. All rights reserved.

Contact Capital Press at 1-800-882-6789 or click here to find our staff listing.

Site optimized for use with Firefox browser, Ver. 16.0.1

Privacy Policies: Capital Press | MediaSpan Online Services

Other Capital Press websites:

Capital Press | OnlyAg.com | Ag Ads Now | Farm Seller | Ag Directory West | Blogriculture agriculture blog and podcasts

Our sister EO Media Group websites:

The Daily Astorian | Coast Weekend | AstoriaRocks.com | Chinook Observer
Oregon Coast Today | Seaside-Sun.com| Seaside Signal| Cannon Beach Gazette
Coast River Business Journal
Hermiston Herald | East Oregonian | Eastern Oregon Real Estate | EO Marketplace
Blue Mountain Eagle | Wallowa County Chieftain