BC-USDA-Portland Grain

8/29/2014 12:30 PM
By Associated Press

JO—GR110
Portland, OR Fri Aug 29, 2014 USDA Market News
**The next report will be issued on Tue September 2 due to the holiday**
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during August 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 August delivery. Bids for corn are for 30 day delivery.
December wheat futures closed two to 8.25 cents per bushel lower than
Thursday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during August trended 1.50 to 1.75 cents per bushel lower
compared to Thursday?s noon bids. The lower Chicago December wheat
futures pressured cash bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery trended mixed from 12.00 cents per bushel lower to three cents
per bushel higher than Thursday?s noon bids. The lower Kansas City
December wheat futures pressured cash bids however a higher basis bid by
several exporters offered support. Some exporters are not issuing bids
for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for August
delivery trended mixed from 2.25 cents per bushel lower to 7.75 cents per
bushel higher compared to Thursday?s noon bids. The lower Minneapolis
December wheat futures pressured cash bids however a higher basis bid by
several exporters offered some support.
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
Aug NC mostly 7.0375, ranging 6.9850-7.1000 dn 1.50-1.75
Sep 6.9850-7.1300 dn 3.25-up 1.25
Oct 7.0350-7.1600 dn 2.50-0.75
Nov 7.0850-7.1900 dn 0.50-0.75
Dec 7.0850-7.2200 dn 3.50-0.75
US 1 White Club Wheat - delivered by Unit Trains and Barges
Aug NC mostly 9.0375, ranging 8.5350-9.7350 dn 8.25
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 7.2975, ranging 7.1775-7.4075 dn 15.00-up 3.00
10 pct protein mostly 7.2975, ranging 7.1775-7.4075 dn 15.00-up 3.00
11 pct protein 7.2775-7.4875 dn 13.00-up 3.00
11.5 pct protein
Aug NC mostly 7.4275, ranging 7.3275-7.5275 dn 12.00-up 3.00
Sep 7.3275-7.5275 dn 12.00-2.00
Oct 7.6775-7.7275 up 3.00-dn 2.00
Nov 7.6775-7.7275 up 3.00-dn 2.00
Dec 7.6775-7.7275 up 3.00-dn 2.00
12 pct protein 7.3275-7.5275 dn 12.00-up 3.00
13 pct protein mostly 7.4275, ranging 7.3275-7.5275 dn 12.00-up 3.00
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 7.5975-7.9975 up 0.75-7.75
14 pct protein
Aug NC mostly 8.1575, ranging 7.9975-8.3975 dn 2.25-up 7.75
Sep 7.9975-8.3975 dn 2.25-up 7.75
Oct 8.0975-8.4975 dn 2.25-up 7.75
Nov 8.1475-8.4975 dn 2.25-up 7.75
Dec 8.1475-8.4975 dn 2.25-up 7.75
15 pct protein 8.1975-8.5975 dn 2.25-up 5.75
16 pct protein 8.3975-8.8375 dn 2.25
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 ** 14.5000 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Jul 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.6900
US 1 Hard Red Winter (Ordinary protein) 7.3100
US 1 Hard Red Winter (11.5% protein) 7.4200
US 1 Dark Northern Spring (14% protein) 8.1800
Source: USDA Market News Service, Portland, OR
Robert Eaton 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
11:52 P re


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9/1/2014 | Last Updated: 2:30 PM