JO_GR110
Portland, OR Tue Feb 12, 2013 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 February 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 February delivery.
Bids for corn are for 30 day delivery.
March wheat futures trended 5.25 to 9.50 cents per bushel lower
compared to Monday’s closes.
Bids for US 1 Soft White Wheat for February delivery in unit trains
or barges were not fully established, but bids trended eight to 9.50
cents per bushel lower than Monday’s noon bids for February delivery.
Some exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for February
delivery trended 0.25 of a cent to 5.25 cents per bushel lower compared
to Monday’s noon bids for the same delivery period. Lower Kansas City
March wheat futures pressured bids, however a higher basis bid by some
exporters tempered the declines somewhat.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for February delivery trended 7.50 cents per bushel lower than
Monday’s noon bids for the same delivery period. Lower Minneapolis
March wheat futures pressured cash bids.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 13.75 to 22.50 cents per cwt lower compared to
Monday’s noon bids. Corn bids were pressured by the lower Chicago corn
futures and a lower basis bid by some corn traders. Corn bids truck
delivered to the Yakima Valley trended 11.25 cents per cwt lower compared
to Monday’s noon bids. Corn bids were pressured by the lower Chicago
corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Feb mostly 8.4975, ranging 8.4700-8.5200
Mar 8.4700-8.6500
Apr 8.4925-8.7000
May 8.4925-8.7000
Aug NC 7.6625-7.9125
_
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Feb mostly 8.4975, ranging 8.4700-8.5200
*Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein 8.5250-8.8450
10 pct protein 8.5250-8.8450
11 pct protein 8.7250-9.0050
11.5 pct protein
Feb 8.8250-9.0850
Aug NC 8.6050-8.6550
12 pct protein 8.8650-9.1150
13 pct protein 8.8650-9.1850
_
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 8.9350-9.1750
14 pct protein
Feb 9.1350-9.3350
Aug NC 9.1950-9.3450
15 pct protein 9.1350-9.3350
16 pct protein 9.1350-9.3350
_
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 14.5250-14.5500
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.3875-14.8750
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Jan 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.5300
US 1 Hard Red Winter (Ordinary protein) 8.9100
US 1 Hard Red Winter (11.5% protein) 9.2100
US 1 Dark Northern Spring (14% protein) 9.4800
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
www.ams.usda.gov/mnreports/jo_gr110.txt
www.ams.usda.gov/lpsmarketnewspage
8:51 P nd
Portland, OR Daily Grain Report
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