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

Feb. 1

CASH SOFT WHITE WHEAT

Pacific Northwest: Bids for U.S. 1 Soft White Wheat, delivered by unit trains and barges to Portland during February ended the reporting week on Thursday, Jan. 31, as $8.70-8.8950 mostly $8.7975, 5 to 19.50 cents per bushel higher compared to Jan. 25 bids for February delivery of $8.65-8.70. 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 February delivery were $6.65-6.75, mostly $6.68. Nearby bids for U.S. 1 Soft White wheat began reporting week on Jan. 26 at mostly $8.6775 then moved higher to mostly $8.6950 on Jan. 29, before falling slightly to mostly $8.68 on Jan. 30 and then moved higher to mostly $8.7475 on Jan. 31. Feb. 1 the end of the reporting week bids moved slightly higher again to mostly $8.7975. New confirmed export sales of white wheat this week were limited to Taiwan. Forward month bids for soft white wheat were as follows: March $8.75-8.8950, April $8.80-8.93, May $8.80-8.95 and August New Crop $8.0150-8.3650. One year ago, forward month bids for soft white wheat were as follows: March $6.60-6.85, April through June $6.70-6.85 and August New Crop $6.50-6.70.

Outstanding U.S. white wheat export sales as of Jan. 24, for the marketing year beginning June 1, 2012, and ending May 31, 2013, totaled 1019.1 thousand MT compared to 1077.2 thousand MT on Jan. 17, and 1458.0 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 190.1, Philippines 167.5, Egypt 165.0, South Korea 152.4, Thailand 62.5, Nigeria 30.4, Taiwan 9.6, Burma 4.0, Malaysia 4.0, Canada 1.6, Mexico 0.9, Hong Kong 0.8, China 0.5, Vietnam 0.5 and total unknown 229.3. Accumulated white wheat export shipments as of January 24, 2013, in 1000 MT for the 2012-13 marketing year, totaled 3020.2 compared to 3279.8 one year ago.

Outstanding U.S. barley export sales as of Jan. 24, for the marketing year beginning June 1, 2012, and ending May 31, 2013, in 1000 MT, totaled 2.1 compared to 2.4 on Jan. 17, and 0.2 one year ago. Outstanding barley export sales for the 2012-13 marketing year in 1000 MT were to the following countries in 1000 MT: Japan 0.8, Taiwan 0.8 and South Korea 0.5. Accumulated barley export shipments as of Jan. 24, were 120.7 thousand MT compared to 82.6 one year ago.

COARSE FEEDING GRAINS

Bids for U.S. 2 Yellow Corn delivered to Portland in single rail cars were $308.50-309, $5.75 to $6 per ton higher than Jan. 25 bids of $302.50-303.25. Bids for U.S. 2 Yellow Corn truck delivered to the inland feeding areas of Yakima, Wash., and Hermiston, Ore., were $302.75-312.25, $5 to $6 per ton higher than Jan. 25 bids of $296.75-307.25. Bids for U.S. 2 Heavy White Oats for February delivery held steady with Jan. 25 noon bids at $270.

CALIFORNIA GRAINS

(USDA Market News)

Portland

Feb. 1

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 $15.25-15.75

Stockton-Modesto-Oakdale-Turlock $15.25-15.75

Fresno-Tulare-Corcoran-Coalinga NA

Kern County NA

Yolo County NA

Colusa County NA

Tehama County NA

Rail Any origin

Stockton-Modesto-Oakdale-Turlock

via Union Pacific and BNSF $15.38

Tulare - via Union Pacific $15.38

CORN - U.S. No. 2 Yellow

Truck Petaluma-Santa Rosa Sales $15.60

Stockton-Modesto-Oakdale-Turlock Offer $16.10

Kern County NA

Fresno-Tulare-Corcoran-Coalinga NA

Sacramento County Sale $15.40

Rail Single Car Units via BNSF

Chino Valley $16.24

Los Angeles $16.24

SORGHUM - U.S. No. 2 Yellow

Rail Los Angeles-Chino Valley

via BNSF Single $16.17

OATS - U.S. No. 2 White

Truck Petaluma-Stockton-Modesto-Turlock $15.25-15.75

Los Angeles-Chino Valley $16.75

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 $17.05-17.13

Los Angeles 13 percent Protein $17.05-17.13

Truck/Rail Los Angeles 11.5 percent Protein NA

Los Angeles 12 percent Protein $17.05-17.13

WHEAT - Any Class for Feed

Truck Petaluma-Santa Rosa Sale $16

Stockton-Modesto-Oakdale-Turlock Sale $17

Fresno-Tulare-Kings NA

Colusa County NA

Imperial County NA

Truck/Rail Los Angeles-Chino Valley $16.75-17

Prices paid to California farmers, seven-day reporting period ending Jan. 31: No confirmed sales.

Recommended for you