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 November ended the reporting week on Thursday, Nov. 10, $6.15-6.28, mostly $6.21 which was five to 12 cents per bushel lower compared to week ago bids of $6.20-6.40, mostly $6.29 for the same delivery period. There were no white club wheat premiums for November delivery for this week or last week. One year ago bids for U.S. 1 Soft White Wheat and White Club Wheat for November delivery were both $6-6.45, mostly $6.23. Nearby bids for U.S. 1 Soft White wheat began the reporting week at mostly $6.23 on Nov. 4, then advanced to mostly $6.25 on Nov. 7, continuing higher to mostly $6.29 on Nov. 8. Bids moved lower to mostly $6.22 on Nov. 9 and continued lower Nov. 10 to mostly $6.21. Chicago December wheat futures were lower for the week and pressured the bids. New confirmed export sales of white wheat this week were limited to Japan. Forward month bids for soft white wheat were as follows: December $6.20-6.30; January $6.20-6.32; February $6.24-6.34; and March $6.25-6.36. One year ago, forward month bids for soft white wheat were as follows: December $6.55-6.65; January and February $6.65-6.80; and March $6.65-6.85. Bids for December through March for one year ago were delivered by rail only.
Outstanding U.S. white wheat export sales as of Nov. 3, for the marketing year beginning June 1, 2011, and ending May 31, 2012, totaled 898.9 thousand MT compared to 926.3 thousand MT on Oct. 27, and 1,168.6 thousand MT one year ago. Outstanding white wheat export sales for the 2011-12 marketing year were to the following countries in 1,000 MT: Philippines 241.5, South Korea 192.5, Japan 153.7, Sri Lanka 55.0, Indonesia 40.0, Mexico 33.2, Taiwan 25.6, Nigeria 18.4, Canada 3.5, Hong Kong 1.3, Vietnam 1.0, Malaysia 0.1 and total unknown 133.1. Accumulated white wheat export shipments as of Nov. 3, in 1,000 MT for the 2011-12 marketing year, totaled 2,197.7 compared to 2,112.4 one year ago.
Outstanding U.S. barley export sales as of Nov. 3, for the marketing year beginning June 1, 2011, and ending May 31, 2012, in 1,000 MT, totaled 0.6 compared to 0.6 on Oct. 27, and 36.4 one year ago. Outstanding barley export sales were to the following countries in 1,000 MT: Japan 0.6. Accumulated barley export shipments as of Nov. 3, were 81.6 thousand MT compared to 60.4 one year ago.
COARSE FEEDING GRAINS
Bids for U.S. 2 Barley delivered to the coast in unit trains or barges and bids for U.S. 2 Barley delivered to the inland feeding areas of Hermiston, Ore., and Yakima, Wash., during November were not well tested. Bids for U.S. 2 Yellow Corn delivered to Portland in single rail cars were $277.75-278, $2.75 to $3.50 per ton lower than a week ago bids of $280.50-281.50. Bids for U.S. 2 Yellow Corn truck delivered to Yakima and Hermiston were $265.50-280.50, which was $3 per ton lower than last week's bids of $268.50-283.50. Cash corn bids were pressured by the lower Chicago December corn futures for the week. Bids for U.S. 2 Heavy White Oats for November delivery were $210, steady with last Thursday's noon bids.
(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 $15
Colusa County NA
Rail Any origin
via Union Pacific and BNSF NA
Tulare - via Union Pacific NA
CORN - U.S. No. 2 Yellow
Truck Petaluma-Santa Rosa Bid $13.29
Stockton-Modesto-Oakdale-Turlock Offer $14.03
Rail Single Car Units via BNSF
Chino Valley $14.28
Los Angeles $14.28
SORGHUM - U.S. No. 2 Yellow
Rail Los Angeles-Chino Valley
via BNSF Single $14.22
OATS - U.S. No. 2 White
Truck Petaluma-Stockton-Modesto-Turlock $14.25-15
Los Angeles-Chino Valley $15.50
WHEAT - U.S. No. 2 or better - Hard Red Winter
(Domestic Values for Flour Milling) California origin
Los Angeles 12 percent Protein $14.75-15.08
Los Angeles 13 percent Protein $14.95-15.28
Los Angeles 14 percent Protein $15.15-15.48
Truck/Rail Los Angeles 11.5 percent Protein $14.12-14.45
WHEAT - Any Class for Feed
Truck Petaluma-Santa Rosa Offer $14
Los Angeles-Chino Valley NA
Truck/Rail L.A.-Chino Valley $14-14.50
Prices paid to California farmers, seven-day reporting period ending Nov. 10:
WHEAT, U.S. No. 1, Hard Amber Durum for Flour Milling
Imperial $18.16 AH, May-June 2012 Del Locally
YELLOW CORN, U.S. No. 2 or better
San Joaquin $13.35 November Del Locally
Kings/Tulare $12.98-13 November Del Tulare County