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. 24

CASH SOFT WHITE WHEAT

Pacific Northwest: Bids for U.S. 1 Soft White Wheat, delivered by rail only were for December Portland delivery and ended the holiday shortened reporting week on Wednesday, Nov. 4, $6.10 to $6.50, mostly $6.35, steady to 25 cents per bushel lower compared to last Thursday's noon bids, which were $6.35 to $6.50 for December delivery. Some exporters were not issuing bids for December delivery. White club wheat premiums December were zero to 50 cents, mostly 17 cents per bushel. There were no white club wheat premiums last Thursday. One year ago bids for U.S. 1 Soft White Wheat for December delivery were $4.85 to $4.95, mostly $4.89. White Club Wheat bids one year ago for December delivery were $6.85 to $7.95, mostly $7.89. Nearby bids for U.S. 1 Soft White wheat were not available Friday or Monday, on Tuesday bids were mostly $6.38 and ended the holiday-shortened reporting week Wednesday at mostly $6.35. Chicago March wheat futures were fractionally higher compared to a week ago futures. There were no new confirmed export sales of white wheat made this week. Forward month bids for soft white wheat, were as follows: January $6.20 to $6.65, February $6.45 to $6.75, March $6.45 to $6.60 and April $6.30 to $6.65. Bids for January through March are delivered by rail only. One year ago, forward month bids for soft white wheat were as follows: January $4.90 to $5.05, February $4.95 to $5.05 and $5 to $5.10.

Outstanding U.S. white wheat and barley export sales as of Nov. 18, are not available due to the Federal Holiday.

COARSE FEEDING GRAINS

Bids for U.S. 2 Barley delivered to the coast in unit trains or barges during December were not well tested as most exporters were not issuing bids for barley. Bids for U.S. 2 Barley delivered to the inland feeding areas of Hermiston, Ore., and Yakima, Wash., were also not well tested. Bids for U.S. 2 Yellow Corn delivered to Portland in single rail cars were $2.75 to $3.50 per ton higher, from $226.25 to $227 compared to last Thursday's noon bids of $223.50. Bids for U.S. 2 Yellow Corn truck delivered to Yakima and Hermiston were not available this week as they were not well tested. Bids for U.S. 2 Heavy White Oats for December delivery were not available.

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