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.
(USDA Market News)
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.
(USDA Market News)
Prices in dollars per cwt., bulk Inc.= including; Nom.= nominal; Ltd.= limited; Ind.= indicated; NYE=Not fully estimated.
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
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
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
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
Tulare $10.75 AH, August-September FOB Ranch