Portland Weekly Grain Review - Part 2 (Thu) OR

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JO_GR116
Portland, OR    Thu Jan 24, 2013   USDA Market News

Portland Weekly Grain Review Part 2
Pacific Northwest Add Weekly Grain Summary

   Cash Soft White Wheat - Pacific Northwest:  Bids for US 1 Soft White Wheat, 
delivered by unit trains and barges to Portland during January ended the 
reporting week on Thursday, January 24, as 8.50-8.6850, mostly 8.59, steady to 
2.75 cents per bushel lower compared to last Thursday's bids for January delivery 
of 8.50-8.7125, mostly 8.6325.  There were no white club wheat premiums for 
nearby delivery for this week or last week.  One year ago bids for US 1 Soft 
White Wheat and white club wheat for January delivery were 6.50-6.55, mostly 
6.55.  Nearby bids for US 1 Soft White wheat began the holiday shortened 
reporting week on Friday at the weekly high of mostly 8.6950 before dropping to 
mostly 8.6275 on Tuesday and continuing to mostly 8.5975 on Wednesday.  Today 
(Thursday), the end of the reporting week bids moved slightly lower to mostly 
8.59.  New confirmed export sales of white wheat this week were limited to Japan.  
Forward month bids for soft white wheat were as follows:  February 8.65-8.70, 
March 8.6850-8.80, April 8.72-8.82, May 8.72-8.84 and August New Crop 7.9250-
8.1750.  One year ago, forward month bids for soft white wheat were as follows:  
February 6.30-6.60, March 6.50-6.60, April and May 6.52-6.60 and August New Crop 
6.50-6.55.
 
   Outstanding U.S. white wheat and barley export sales as of January 17, 2013 
for the marketing year will not be available until Friday January 25 due to the 
Federal holiday.

   Coarse feeding grains:  Bids for US 2 Yellow Corn delivered to Portland in 
single rail cars were 302.50-303.25, narrowly mixed, from 25 cents lower to 25 
cents per ton higher than last Thursday's bids of 302.25-303.50.  Bids for US 2 
Yellow Corn truck delivered to the inland feeding areas of Yakima, Washington, 
and Hermiston, Oregon were 296.75-307.25, mixed, from 25 cents lower to 75 cents 
per ton higher than last Thursday's bids of 297.00-306.50.  Bids for US 2 Heavy 
White Oats for January delivery held steady with last Thursday's noon bids at 
270.00.

Source: USDA Market News Service, Portland, OR
        Tiffany Smit 503-326-2237 Portland.LGMN@ams.usda.gov
        24 hour price information 503-326-2022
        http://www.ams.usda.gov/mnreports/jo_gr116.txt
        www.ams.usda.gov/lsmarketnewes


1244p  ts

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