Portland, OR Fri Dec 20, 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 December 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 December delivery.
Bids for corn are for 30 day delivery.
March wheat futures in early trading were 0.25 of a cent to 2.25 cents
per bushel higher compared to Thursday’s closes.
Bids for US 1 Soft White Wheat for December delivery in unit trains
or barges were not fully established in early trading but bids were
indicated as a 0.25 of a cent per bushel higher compared to Thursday’s
noon bids in following the fractionally higher Chicago March wheat
futures. Several exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for December
delivery were not fully established in early trading but bids were
indicated as one cent per bushel higher compared to Thursday’s noon
bids in lining up with the higher Kansas City March wheat futures. Some
exporters are not issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for December delivery were also not fully established in early
trading but were indicated as 2.25 cent per bushel higher than Thursday’s
noon bids in lining up with the higher Minneapolis March wheat
futures and a higher basis bid by some exporters. Some exporters were
not issuing bids for nearby delivery.
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 *
Dec mostly 6.8350, ranging 6.7100-6.9600
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Dec mostly 7.0850, ranging 6.7100-7.4600
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.3175-7.5175
10 pct protein 7.3175-7.5175
11 pct protein 7.3975-7.5975
11.5 pct protein
12 pct protein 7.4375-7.6575
13 pct protein 7.4375-7.6975
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 7.3850-7.7850
14 pct protein
15 pct protein 8.3850-8.5850
16 pct protein 8.7850-8.9850
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 ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Nov 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.0400
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) 8.2800
Source: USDA Market News Service, Portland, OR
Tiffany Smit 503-326-2237 Portland.LPGMN@ams.usda.gov
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