Portland, OR Daily Grain Report
Portland, OR Mon Oct 15, 2012 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 October 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 October delivery.
Bids for corn are for 30 day delivery.
December wheat futures trended five to ten cents per bushel lower
than Friday’s closes.
Bids for US 1 Soft White Wheat for October delivery in unit trains
or barges were not available in early trading as several exporters were
not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for October
delivery were not fully established in early trading, but were indicated
as mixed, from 9.25 cents lower to 5.75 cents per bushel higher compared
to Friday’s noon bids for October delivery. Lower Kansas City December
wheat futures pressured cash bids, however a higher basis bid by some
exporters supported cash bids. Some exporters were not issuing bids for
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for October delivery were not fully established in early trading,
but bids were indicated as five cents per bushel lower compared to
Friday’s noon bids. Lower Minneapolis December wheat futures pressured
cash bids. Several exporters were not issuing bids for nearby delivery.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 21.25 cents per cwt lower compared to Friday’s
noon bids. Lower Chicago December corn futures pressured cash corn bids.
Corn bids truck delivered to the Yakima Valley trended 21.25 to 22.50
cents per cwt lower than Friday’s noon bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
US 1 White Club Wheat - delivered by Unit Trains and Barges *
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 9.1600-9.2600
10 pct protein 9.1600-9.2600
11 pct protein 9.3600-9.4600
11.5 pct protein
12 pct protein 9.4800-9.5800
13 pct protein 9.5200-9.6200
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 9.5925-9.8325
14 pct protein
15 pct protein 9.7925-9.9925
16 pct protein 9.7925-9.9925
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 15.1000-15.1375
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.7750-15.4375
US 2 Heavy White Oats in dollars per CWT ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Sep 2012
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.7700
US 1 Hard Red Winter (Ordinary protein) 9.2700
US 1 Hard Red Winter (11.5% protein) 9.4900
US 1 Dark Northern Spring (14% protein) 9.8600
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:49 P nd
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