Portland, OR Daily Grain Report
Portland, OR Wed Jan 15, 2014 USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during January by unit
trains and barges, in dollars per bushel, except oats, corn and barley,
in dollars per cwt. Bids for soft white wheat are for delivery periods
as specified. All other wheat bids are for full January delivery.
Bids for corn are for 30 day delivery.
March wheat futures in early trading were 0.75 of a cent to 4.50 cents
per bushel lower compared to Tuesday’s closes.
Bids for US 1 Soft White Wheat for January delivery in unit trains
or barges were not fully established in early trading but bids were
indicated as 4.50 cents per bushel lower compared to Tuesday’s noon
bids for the same delivery period. Bids were lower in reaction to the
lower Chicago March wheat futures.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were not fully established in early trading but bids were
indicated as mixed, from 2.50 cents lower to 7.50 cents per bushel higher
compared to Tuesday’s noon bids. Bids were pressured by the lower Kansas
City March wheat futures, however a higher basis bid by some exporters
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for January delivery were also not fully established in early
trading but were indicated as 9.25 to 39.25 cents per bushel higher than
Tuesday’s noon bids for the same delivery period. A higher basis bid by
some exporters supported cash bids. Some exporters were not issuing bids
for nearby delivery.
Bids for US 2 Yellow Corn delivered to Portland and the Yakima Valley
were not available.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Jan mostly 6.7725, ranging 6.7475-6.7975
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Jan mostly 6.9975, ranging 6.7475-7.2475
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.2950-7.5250
10 pct protein 7.2950-7.5250
11 pct protein 7.3950-7.6050
11.5 pct protein
12 pct protein 7.4950-7.6450
13 pct protein 7.4950-7.6450
US 1 Dark Northern Spring Wheat (with a minimum of 300 falling numbers, a maximum
of 0.5 part per million vomitoxin, and a maximum of one percent total damage) *
13 pct protein 8.1025-8.2025
14 pct protein
15 pct protein 9.1025-9.2025
16 pct protein 9.5025-9.6025
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland NA
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley NA
US 2 Heavy White Oats in dollars per CWT ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Dec 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.9700
US 1 Hard Red Winter (Ordinary protein) 7.5700
US 1 Hard Red Winter (11.5% protein) 7.6900
US 1 Dark Northern Spring (14% protein) 8.1100
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:51 P nd
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