Portland, OR Fri Jun 20, 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 June 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 June delivery.
Bids for corn are for 30 day delivery.
In early trading July wheat futures were 3.75 to 6.25 cents per bushel
lower than Thursday’s closes. Chicago July wheat futures trended steady.
Kansas City September wheat futures trended five cents per bushel lower
and Minneapolis September wheat futures were 5.25 cents lower than
Bids for US 1 Soft White Wheat for June delivery in unit trains or
barges were not fully established in early trading, however bids trended
mixed, from four cents lower to 1.50 cents per bushel higher compared to
Thursday’s noon bids. Lower Chicago July wheat futures weighed on bids,
while some exporters raised there basis and were supportive to bids.
Some exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June
delivery were not fully established in early trading but were indicated
as five to eight cents per bushel lower compared to Thursday’s noon
bids. Lower Kansas City September spring wheat futures weighed on bids.
Some exporters were not issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for June delivery were not well tested in early trading but were
indicated as 6.25 cents per bushel lower compared to Thursday’s
noon bids in following the lower Minneapolis July and September spring
wheat futures. Some exports have switched to over the Minneapolis
September wheat futures. Some exporters were not issuing bids for nearby
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 *
Jun mostly 7.0475, ranging 6.7950-7.2000
Aug NC 6.9375-7.1375
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Jun mostly 7.4125, ranging 7.0950-7.7000
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.9975
10 pct protein 7.9975
11 pct protein 8.0775
11.5 pct protein
Aug NC 8.1175-8.1675
12 pct protein 8.1175-8.1475
13 pct protein 8.1175-8.2075
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 7.8675-8.2875
14 pct protein
Aug 1-10 8.1650-8.3650
Aug 11-20 8.0650-8.3650
Aug 21-31 8.0150-8.3650
15 pct protein 8.4575-9.0875
16 pct protein 8.6975-9.4075
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 ** 14.0000
** Not well tested.
Exporter Bids Portland Rail/Barge May 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.6100
US 1 Hard Red Winter (Ordinary protein) 8.6000
US 1 Hard Red Winter (11.5% protein) 8.7200
US 1 Dark Northern Spring (14% protein) 8.9000
Source: USDA Market News Service, Portland, OR
Tiffany Smit 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:49 P ts