Portland, OR Daily Grain Report
Portland, OR Wed Apr 16, 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 April 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 April delivery.
Bids for corn are for 30 day delivery.
In early trading, May wheat futures trended mixed, from 0.50 of a cent
lower to one cent per bushel higher compared to Tuesday’s closes, with
the decline in Minneapolis and the most advance in Kansas City.
Bids for US 1 Soft White Wheat for April delivery in unit trains or
barges were not fully established in early trading but bids were
indicated as mixed, from 7.25 cents lower to 10 cents per bushel higher
compared to Tuesday’s noon bids for April delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April
delivery were not fully established in early trading but bids trended
mixed, from four cents lower to one cent per bushel higher than Tuesday’s
noon bids for the same delivery period, with support coming from the
higher Kansas City May wheat futures, however a lower basis bid by some
exporters pressured bids. Some exporters are not issuing bids for nearby
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for April delivery were not well tested in early trading, however
bids were indicated as mixed, from 0.50 of a cent lower to 4.50 cents per
bushel higher than Tuesday’s noon bids for April delivery. Bids were
pressured by the fractionally lower Minneapolis May wheat futures,
however a higher basis bid by some exporters offered support. Some
exporters are 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 *
Apr mostly 7.7675, ranging 7.7000-7.8650
Aug NC 7.5900-7.6400
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Apr mostly 8.2675, ranging 8.0250-8.3650
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 8.6350-8.7450
10 pct protein 8.6350-8.7450
11 pct protein 8.7550-8.8250
11.5 pct protein
Aug NC 8.3325-8.5325
12 pct protein 8.8350-8.8850
13 pct protein 8.8750-8.9250
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 8.2800-8.3500
14 pct protein
Aug NC 8.3175-8.5175
15 pct protein 9.1500-9.2800
16 pct protein 9.4700-9.6800
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 ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.5500
US 1 Hard Red Winter (Ordinary protein) 8.7300
US 1 Hard Red Winter (11.5% protein) 8.8600
US 1 Dark Northern Spring (14% protein) 9.0200
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:47 P nd
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