Portland, OR Mon Jan 13, 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 January 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 January delivery.
Bids for corn are for 30 day delivery.
March wheat futures in early trading were mixed, from 0.50 of a cent
lower to 5.25 cents per bushel higher compared to Friday’s closes, with
the decline in Kansas City and the most advance in Chicago.
Bids for US 1 Soft White Wheat for January delivery in unit trains
or barges were not fully established in early trading but bids were
indicated as 5.25 to 10.25 cents per bushel higher compared to Friday’s
noon bids for the same delivery period. Bids were higher in reaction to
the higher Chicago March wheat futures and a higher basis bid by some
exporters. Several exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were not fully established in early trading but bids were
indicated as 0.50 of a cent per bushel lower compared to Friday’s noon
bids in lining up with the fractionally lower 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 January delivery were also not fully established in early
trading but were indicated as 1.25 cents per bushel higher than Friday’s
noon bids for the same delivery period. Higher Minneapolis March wheat
futures supported bids. Some exporters were not issuing bids for nearby
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 *
Jan mostly 6.7675, ranging 6.7425-6.7925
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Jan mostly 7.0175, ranging 6.7425-7.2925
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.1850-7.3850
10 pct protein 7.1850-7.3850
11 pct protein 7.2650-7.4650
11.5 pct protein
12 pct protein 7.3050-7.5250
13 pct protein 7.3050-7.5650
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 7.6175-7.9175
14 pct protein
15 pct protein 8.6175-8.9175
16 pct protein 9.0175-9.3175
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 Dec 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.9700
US 1 Hard Red Winter (Ordinary protein) 7.5700
US 1 Hard Red Winter (11.5% protein) 7.6900
US 1 Dark Northern Spring (14% protein) 8.1100
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:49 P nd
Portland, OR Daily Grain Report
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