Portland, OR Daily Grain Report
Portland, OR Wed Nov 14, 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 November 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 November delivery.
Bids for corn are for 30 day delivery.
December wheat futures trended mixed, from 0.25 of a cent lower to
3.75 cents per bushel higher than Tuesday’s closes. March Minneapolis
wheat futures were three cents per bushel higher than Tuesday’s closes,
and March Kansas City wheat futures were steady compared to Tuesday’s
Bids for US 1 Soft White Wheat for November delivery in unit trains
or barges were not well tested in early trading, and had no recent price
comparison available as Tuesday’s bids were not available. Some
exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November
delivery were not fully established in early trading, but were indicated
as 1.75 to 3.75 cents per bushel higher than Tuesday’s noon bids for
November delivery. Higher Kansas City December wheat futures supported
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for November delivery were not fully established in early trading,
but bids were indicated as 3.50 to 7.50 cents per bushel higher compared
to Tuesday’s noon bids for November delivery. Higher Minneapolis
December and March wheat futures supported cash bids.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 3.75 cents per cwt higher compared to Tuesday’s
noon bids. Corn bids truck delivered to the Yakima Valley also trended
3.75 cents per cwt higher compared to Tuesday’s noon bids. Higher
Chicago December corn futures supported cash corn 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 9.4650-9.5150
10 pct protein 9.4650-9.5150
11 pct protein 9.6450-9.7150
11.5 pct protein
12 pct protein 9.7350-9.8650
13 pct protein 9.7750-9.9650
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 9.8975-10.0375
14 pct protein
15 pct protein 10.0975-10.1975
16 pct protein 10.0975-10.1975
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 15.0125-15.0500
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.5125-14.8000
US 2 Heavy White Oats in dollars per CWT ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Oct 2012
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.7500
US 1 Hard Red Winter (Ordinary protein) 9.3900
US 1 Hard Red Winter (11.5% protein) 9.6600
US 1 Dark Northern Spring (14% protein) 10.1700
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:57 P nd
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