BC-USDA-Portland Grain

10/24/2014 12:15 PM
By Associated Press

JO—GR110
Portland, OR Fri Oct 24, 2014 USDA Market News
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during October by unit
trains and barges, in dollars per bushel, except oats and corn, 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 October delivery. Bids for corn are for 30 day delivery.
December wheat futures closed four to 11.50 cents per bushel lower
than Thursday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during October trended nine cents per bushel lower compared
to Thursday?s noon bids. The lower Chicago December wheat futures
pressured cash bids. Some exporters are not issuing bids for nearby
delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for October
delivery trended 11.50 cents per bushel lower than Thursday?s noon bids.
Bids were pressured by a lower basis bid by some exporters. Some
exporters are not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
October delivery trended four cents per bushel lower than Thursday?s
noon bids. The lower Minneapolis December wheat futures pressured cash
bids.
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
Oct mostly 6.8450, ranging 6.7275-6.9775 dn 9.00
Nov 6.7275-7.0275 dn 6.25-9.00
Dec 6.7275-7.0775 dn 6.25-9.00
Jan 6.7600-7.1600 dn 9.25
Feb 6.7600-7.1600 dn 9.25
US 1 White Club Wheat - delivered by Unit Trains and Barges
Oct mostly 9.2600, ranging 8.9775-9.5775 dn 9.00
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 7.3475, ranging 7.2675-7.4175 dn 11.50
10 pct protein mostly 7.3475, ranging 7.2675-7.4175 dn 11.50
11 pct protein 7.3475-7.4975 dn 11.50
11.5 pct protein
Oct mostly 7.4675, ranging 7.3875-7.5375 dn 11.50
Nov 7.3875-7.5875 dn 11.50
Dec 7.3875-7.5875 dn 11.50
Jan 7.4125-7.6125 dn 11.50
Feb 7.4125-7.6125 dn 11.50
12 pct protein 7.3875-7.5375 dn 11.50
13 pct protein mostly 7.4675, ranging 7.3875-7.5375 dn 11.50
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 7.4700-7.7700 dn 4.00
14 pct protein
Oct mostly 9.1300, ranging 9.0700-9.1700 dn 4.00
Nov 9.0700-9.1700 dn 4.00
Dec 9.0700-9.1700 dn 4.00
Jan 9.0800-9.2800 up 2.75-dn 2.25
Feb 9.0800-9.2800 up 2.75-dn 2.25
15 pct protein 9.9200-10.2700 dn 4.00
16 pct protein 10.7200-11.4700 dn 4.00
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 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Sep 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.7500
US 1 Hard Red Winter (Ordinary protein) 7.0200
US 1 Hard Red Winter (11.5% protein) 7.1500
US 1 Dark Northern Spring (14% protein) 8.3400
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
www.ams.usda.gov/mnreports/jo—gr110.txt
www.ams.usda.gov/lpsmarketnewspage
11:54 P nd


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10/24/2014 | Last Updated: 1:30 PM