Portland, OR Daily Grain Report
Portland, OR Thu Apr 17, 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 5.00 to 9.25 cents per
bushel higher compared to Wednesday’s closes.
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 5.00 cents per bushel higher compared to Wednesday’s noon
bids in following the higher Chicago May wheat futures.
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 1.25 cents lower to 8.75 cents per bushel higher than
Wednesday’s noon bids for the same delivery period. Higher Kansas City
May wheat futures supported bids, while 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 4.25 to 9.25 cents per bushel higher than
Wednesday’s noon bids for April delivery. Bids were supported by the
higher Minneapolis May wheat futures, although a lower basis bid by some
exporters weighed on bids. Some exporters are not issuing bids for
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 7.7200, ranging 7.6300-7.7800
Aug NC 7.4950-7.5950
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Apr mostly 8.2200, ranging 8.2000-8.2800
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 8.5625-8.7125
10 pct protein 8.5625-8.7125
11 pct protein 8.6425-8.7925
11.5 pct protein
Aug NC 8.3050-8.5050
12 pct protein 8.7025-8.8525
13 pct protein 8.7425-8.8925
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 8.2575-8.3275
14 pct protein
Aug NC 8.3000-8.5000
15 pct protein 9.0775-9.2575
16 pct protein 9.3975-9.6575
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
Tiffany Smit 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:57 P ts
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