PORTLAND GRAIN

(USDA Market News)

Portland

Nov. 29

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.

Pacific Northwest Market Summary: Cash wheat bids for November delivery ended the reporting week on Thursday, Nov. 29, mixed compared to week ago

noon bids for November delivery.

March wheat futures ended the reporting week on Wednesday, Nov. 21, mixed as follows compared to week ago closes: Chicago wheat futures were one cent higher at 5.0775, Kansas City wheat futures were 0.50 of a cent lower at 4.9250 and Minneapolis wheat futures trended four cents lower at 5.68. Chicago March corn futures trended 0.50 of a cent higher at 3.7325 and January soybean futures closed 4.25 cents higher at 8.8725.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during November for ordinary protein trended steady to five cents per bushel lower compared to week ago prices for the same delivery period from 6.15-6.30. Some exporters were not issuing bids for nearby delivery. White club wheat premiums were zero cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat any protein for November delivery by unit trains and barges to Portland were not available and bids for White Club Wheat were also not available.

Forward month bids for soft white wheat ordinary protein were as follows: December 6.15-6.30, January 6.18-6.26, February 6.20-6.30 and March 6.20-6.33.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 5.1475-5.35, January 5.18-5.40, February 5.20-5.40 and March 5.23-5.2675.

Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during November trended steady to five cents per bushel lower compared to week ago prices for the same delivery period from 6.15-6.30. Some exporters were not issuing bids for nearby delivery.

White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat this week were zero cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein for November delivery by unit trains and barges to Portland were not available and bids for White Club Wheat were not available.

Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: December 6.15-6.30, January 6.18-6.20, February 6.20-6.21 and March 6.20-6.24.

One year ago, forward month bids for soft white wheat for any protein were as follows: December 5.15-5.35, January 5.18-5.40, February 5.20-5.40 and March 5.23-5.2675.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery were not available as most exporters were not issuing bids for nearby delivery. This week, bids were as follows: December 6.5250-6.6250, January 6.5250, February 6.5250-6.5750 and March 6.5250-6.6250.

Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during November trended mixed, from two cents lower to one cent per bushel higher compared to week ago prices for the same delivery period from 6.73-6.80. Some exporters were not issuing bids for nearby delivery. This week, bids for non-guaranteed 14 percent protein were as follows: December 6.75-6.86, January 6.73-6.86, February 6.89-6.90 and March 6.92-6.93.

Coarse feeding grains: Bids for US 2 Yellow Corn delivered full coast Pacific Northwest - BN shuttle trains for November delivery were not available as most exporters were not issuing bids for nearby delivery. Forward month corn bids were as follows: December 4.6425-4.6725, January, February and March 4.6725-4.6925 and April 4.7050. Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for November delivery were not available as most exporters were not issuing bids for nearby delivery. Forward month soybean bids were as follows: December not available. Bids for US 2 Heavy White Oats for November delivery trended 29.25 cents per bushel higher at 3.7750 per bushel.

Outstanding Export Sales: Outstanding U.S. white wheat export sales can be found at the following link:

https://apps.fas.usda.gov/export-sales/wheat.htm

Outstanding U.S. barley export sales can be found at the following link:

https://apps.fas.usda.gov/export-sales/barley.htm

Pacific Northwest Export News: There were 17 grain vessels in Columbia River ports on Thursday, November 29, with four docked compared to 15 last week with four docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA.

CALIFORNIA GRAIN

(USDA Market News)

Nov. 29

Paid by feed manufacturers and other users, delivered plant or 
receiving station.  All prices are offers for prompt shipment unless 
otherwise stated.

**Due to limited availability, prices were not available with the 
exception of the following categories:**

Dollars Per Cwt. -Bulk-

CORN  US No 2 Yellow
  FOB: 
    Turlock/Tulare                               8.81         dn .11
                                           Basis 1.20+H       no comp
  Rail: Single Car Units via BNSF
    Los Angeles-Chino Valley                     8.79         dn .17-.15
                                           Basis 1.19-1.20+H  no comp
  Truck: 
    Stockton-Modesto-Oakdale-Turlock             9.11         dn .11
                                           Basis 1.37+H       no comp
    Kings-Tulare-Fresno Counties                 9.11         dn .11
                                           Basis 1.37+H       no comp

SORGHUM  US No 2 Yellow (Milo)
  Rail: Los Angeles-Chino Valley via BNSF        8.75         dn .17
                                           Basis 1.17+H       no comp

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