Portland, OR Mon Aug 04, 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 August 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 and dark northern spring wheat bids
are for full July delivery. Bids for corn are for 30 day delivery.
In early trading September wheat futures trended 7.75 to 14.50 cents
per bushel higher than Friday’s closes.
Bids for US 1 Soft White Wheat for August delivery in unit trains or
barges were not fully established in early trading, however bids trended
9.50 to 11.50 cents per bushel higher compared to Friday’s noon bids
for the same delivery period. The higher Chicago September wheat futures
supported cash bids, however a lower basis bid by some exporters tempered
the advances slightly.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were not well tested, but were indicated as six to 11 cents
per bushel higher than Friday’s noon bids for the same delivery period.
Bids were supported by the higher Kansas City September wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for August delivery were not well tested in early trading but were
indicated as 7.75 cents per bushel higher compared to Friday’s noon bids,
with support coming from the higher Minneapolis September spring wheat
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 *
Aug NC mostly 6.9900, ranging 6.9375-7.0875
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Aug NC mostly 7.6950, ranging 7.4500-7.9375
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.2675-7.4175
10 pct protein 7.2675-7.4175
11 pct protein 7.2875-7.4975
11.5 pct protein
Aug NC 7.3875-7.5375
12 pct protein 7.3875-7.5875
13 pct protein 7.3875-7.7875
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 7.3875-7.7575
14 pct protein
Aug NC 7.8875-8.2375
15 pct protein 8.1275-8.5575
16 pct protein 8.3675-8.8775
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 Jul 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.6900
US 1 Hard Red Winter (Ordinary protein) 7.3100
US 1 Hard Red Winter (11.5% protein) 7.4200
US 1 Dark Northern Spring (14% protein) 8.1800
Source: USDA Market News Service, Portland, OR
Robert Eaton 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:51 P re