Portland, OR Mon Jul 14, 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 July 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. Hard red winter wheat bids are for full July delivery, and
dark northern spring wheat bids are split first half and last half July.
Bids for corn are for 30 day delivery.
In early trading Chicago and Kansas City July wheat futures were 15.75
to 25.25 cents per bushel higher than Friday’s closes while the
Minneapolis futures were 121.25 cents per bushel lower. September wheat
futures trended 2.50 to four cents higher than Friday’s closes.
Bids for US 1 Soft White Wheat for July delivery in unit trains or
barges were not fully established in early trading, however bids trended
mixed, from ten cents lower to four cents per bushel higher compared to
Friday’s noon bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July
delivery were not well tested, but were indicated as 2.50 cents per
bushel higher than Friday’s noon bids for the same delivery period, in
following the higher Kansas City September wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for both July delivery periods were not well tested in early
trading but were indicated as four cents per bushel higher compared to
Friday’s noon bids. Bids were supported by the higher Minneapolis
September spring wheat futures.
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 *
Jul mostly 6.6700, ranging 6.3000-7.0000
Aug NC 6.5800-6.9000
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Jul mostly 7.1700, ranging 6.8000-7.5000
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.1675-7.2675
10 pct protein 7.1675-7.2675
11 pct protein 7.1875-7.3475
11.5 pct protein
Aug NC 7.2875-7.3875
12 pct protein 7.2875-7.3875
13 pct protein 7.2875-7.4375
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 7.5000-7.8400
14 pct protein
FH Jul 7.8200-8.3200
LH Jul 7.8200-8.1200
Aug NC 7.5200-7.9200
15 pct protein 8.0600-8.6400
16 pct protein 8.3000-8.9600
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 Jun 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.9900
US 1 Hard Red Winter (Ordinary protein) 7.8500
US 1 Hard Red Winter (11.5% protein) 7.9700
US 1 Dark Northern Spring (14% protein) 8.3900
Source: USDA Market News Service, Portland, OR
Robert Eaton 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:48 P re