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

March 14

CASH SOFT WHITE WHEAT

Pacific Northwest: Bids for U.S. 1 Soft White Wheat, delivered by unit trains and barges to Portland during March ended the reporting week on Thursday, March 14, at $8.7975-8.8975, mostly $8.8475, $27.75 to $29.25 cents per bushel higher compared to March 7 noon bids of $8.50-8.6050, mostly $8.5775 for the same delivery period. There were no white club wheat premiums for nearby delivery for this week or last week. One year ago bids for U.S. 1 Soft White Wheat and white club wheat for March delivery were $7.10. Nearby bids for U.S. 1 Soft White wheat began reporting week on March 8 at mostly $8.6075, rose to mostly $8.6675 on March 10 and again to mostly $8.6725 on March 11. On March 13 bids jumped higher to mostly $8.76 and ended the reporting week March 14 (Thursday) at the weekly high of mostly $8.8475. New confirmed export sales of white wheat this week were to Japan and the Commodity Credit Corporation of the USDA for distribution to Bangladesh. Forward month bids for soft white wheat were as follows: April and May $8.75-8.8975 and August New Crop $7.7450-7.7950. One year ago, forward month bids for soft white wheat were as follows: April and May $7.10-7.13, June $6.85-7.05, July $6.65-6.90 and August New Crop $6.60-6.70.

Outstanding U.S. white wheat export sales as of March 7, for the marketing year beginning June 1, 2012, and ending May 31, 2013, totaled 782.0 thousand MT compared to 726.3 thousand MT on Feb. 28, and 1392.4 thousand MT one year ago. Outstanding white wheat export sales for the 2012-13 marketing year were to the following countries in 1000 MT: Japan 135.3, Philippines 121.0, South Korea 107.8, Egypt 55.0, Yemen 45.0, Thailand 38.0, Taiwan 23.5, Nigeria 19.2, Burma 3.0, Malaysia 2.0, Canada 1.7, Vietnam 1.0 and total unknown 229.5. Accumulated white wheat export shipments as of March 7, 2013, in 1000 MT for the 2012-13 marketing year, totaled 3672.5 compared to 4172.6 one year ago.

Outstanding U.S. barley export sales as of March 7, for the marketing year beginning June 1, 2012, and ending May 31, in 1000 MT, totaled 2.2 compared to 2.4 on Feb. 28, and 2.1 one year ago. Outstanding barley export sales for the 2012-13 marketing year in 1000 MT were to the following countries in 1000 MT: Taiwan 1.1, Japan 0.8 and South Korea 0.3. Accumulated barley export shipments as of March 7, were 130.8 thousand MT compared to 82.8 one year ago.

COARSE FEEDING GRAINS

Bids for U.S. 2 Yellow Corn delivered to Portland in single rail cars were $302.25-303, $6.75 to $8.25 per ton higher than March 8 bids of $294-296.25. Bids for U.S. 2 Yellow Corn truck delivered to the inland feeding areas of Yakima, Wash., and Hermiston, Ore., were $302.25-306.25, $4.75 to $9 per ton higher than March 7 bids of $293.25-301.50. Higher Chicago March corn futures were supportive to the cash corn bids. Bids for U.S. 2 Heavy White Oats for March delivery held steady with last Thursday's noon bids at $270.

CALIFORNIA GRAINS

(USDA Market News)

Portland

March 14

Prices in dollars per cwt., bulk Inc.= including; Nom.= nominal; Ltd.= limited; Ind.= indicated; NYE=Not fully estimated.

GRAIN DELIVERED

Mode Destination Price per cwt.

BARLEY - U.S. No. 2 (46-lbs. per bushel)

Truck Petaluma-Santa Rosa Sale $15.50

Stockton-Modesto-Oakdale-Turlock Sale $15.50

Fresno-Tulare-Corcoran-Coalinga Sale $14.50

Kern County NA

Colusa County NA

Tehama County Offer $14.60

Rail Any origin

Stockton-Modesto-Oakdale-Turlock

via Union Pacific and BNSF NA

Tulare - via Union Pacific NA

CORN - U.S. No. 2 Yellow

Truck Petaluma-Santa Rosa Sale $15.20

Stockton-Modesto-Oakdale-Turlock Offer $15.10

Sacramento County NA

Fresno-Tulare-Corcoran-Coalinga NA

Merced County NA

Rail Single Car Units via BNSF

Chino Valley $15.57

Los Angeles $15.57

SORGHUM - U.S. No. 2 Yellow

Rail Los Angeles-Chino Valley

via BNSF Single $15.87

OATS - U.S. No. 2 White

Truck Petaluma-Stockton-Modesto-Turlock Offer $15.50

Los Angeles-Chino Valley Offer $17.15

WHEAT - U.S. No. 2 or better - Hard Red Winter

(Domestic Values for Flour Milling)

Kings County 13 percent Protein NA

Los Angeles 12 percent Protein $16.30-16.71

Los Angeles 13 percent Protein $16.30-16.71

Los Angeles 14 percent Protein NA

Truck/Rail Los Angeles 11.5 percent Protein NA

Los Angeles 12 percent Protein $15.71-15.88

Los Angeles 13 percent Protein NA

WHEAT - Any Class for Feed

Truck Petaluma-Santa Rosa Sale $16

Stockton-Modesto-Oakdale-Turlock NA

Fresno-Tulare Sale $14.45

Imperial County NA

Truck/Rail Los Angeles-Chino Valley $16.50-16.75

Prices paid to California farmers, seven-day reporting period ending March 7:

YELLOW CORN, U.S. No. 2 or better

Sacramento $10 AH, August-September del. locally

Kings-Fresno-

Tulare $10.75 AH, August-September FOB Ranch

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