BC-USDA-Portland Grain

9/23/2014 12:30 PM
By Associated Press

JO—GR110
Portland, OR Tue Sep 23, 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 September 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 September delivery. Bids for corn are for 30 day delivery.
December wheat futures closed mixed, from 2.25 cents lower to 1.75
cents per bushel higher than Monday?s closes, with the most decline in
Minneapolis and the advance in Kansas City.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during September trended mixed, from ten cents lower to 4.25
cents per bushel higher compared to Monday?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 September
delivery trended 1.75 to 6.75 cents per bushel higher than Monday?s noon
bids. The higher Kansas City December wheat futures and a higher basis
bid by some exporters supported cash bids. Some exporters are not
issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
September delivery trended 2.25 to 12.25 cents per bushel lower than
Monday?s noon bids for September delivery. The lower Minneapolis December
wheat futures and a lower basis bid by some exporters pressured cash
bids. Some exporters are 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
Sep mostly 6.6900, ranging 6.5100-6.8000 up 4.25-dn 10.00
Oct 6.3600-6.8300 dn 0.75-10.00
Nov 6.4100-6.8600 dn 0.75-10.00
Dec 6.4100-6.8900 dn 0.75-10.00
Jan 6.3825-6.9200 dn 1.25-10.00
US 1 White Club Wheat - delivered by Unit Trains and Barges
Sep mostly 8.8575, ranging 8.7600-9.0100 dn 0.75-20.75
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 6.8500, ranging 6.7000-7.0000 up 1.75-6.75
10 pct protein mostly 6.8500, ranging 6.7000-7.0000 up 1.75-6.75
11 pct protein 6.7800-7.0800 up 1.75-6.75
11.5 pct protein
Sep mostly 6.9700, ranging 6.8200-7.1200 up 1.75-6.75
Oct 6.9700-7.1200 up 1.75
Nov 6.9700-7.1200 up 1.75
Dec 6.9700-7.1200 up 1.75-6.75
Jan 6.9625-7.1125 up 1.00-6.00
12 pct protein 6.8200-7.1200 up 1.75-6.75
13 pct protein mostly 6.9700, ranging 6.8200-7.1200 up 1.75-6.75
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 5.7450-6.5950 dn 12.25-2.25
14 pct protein
Sep mostly 7.9750, ranging 7.3450-8.5950 dn 12.25-2.25
Oct 7.6450-8.5950 dn 12.25-2.25
Nov 7.6450-8.5950 dn 12.25-2.25
Dec 7.6450-8.5950 dn 12.25-2.25
Jan 7.7975-8.2475 dn 11.75-1.75
15 pct protein 8.5450-9.7950 dn 12.25-2.25
16 pct protein 9.7450-10.3950 dn 12.25-2.25
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 ** 14.0000 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Aug 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.8800
US 1 Hard Red Winter (Ordinary protein) 7.1500
US 1 Hard Red Winter (11.5% protein) 7.2700
US 1 Dark Northern Spring (14% protein) 7.9400
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
12:01 P nd


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9/23/2014 | Last Updated: 3:15 PM