Advertisement

BC-USDA-Portland Grain

4/17/2014 12:30 PM
By Associated Press

JO—GR110
Portland, OR Thu Apr 17, 2014 USDA Market News
***THERE WILL BE NO REPORT ON FRIDAY 4/18/2014***
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during April 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. All other wheat bids are for full April delivery. Bids
for corn are for 30 day delivery.
May wheat futures closed 3.25 to 6.25 cents per bushel higher than
Wednesday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during April trended 3.25 cents per bushel higher than
Wednesday?s noon bids for April delivery in lining up with the higher
Chicago May wheat futures.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April
delivery trended mixed, from 6.50 cents lower to 3.50 cents per bushel
higher than Wednesday?s noon bids for the same delivery period. Bids
were supported by the higher Kansas City May wheat futures, although some
exporters lowered their basis which pressured the bids. Some exporters
were not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
April delivery trended 1.25 to 6.25 cents per bushel higher than
Wednesday?s noon bids for the same delivery period. Bids were higher
with support from the higher Minneapolis May wheat futures, however a
lower basis bid by some exporters tempered the advances. 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
Apr mostly 7.7175, ranging 7.6125-7.7625 up 3.25
May 7.6325-7.7625 up 3.25
Jun 7.6900-7.7900 up 3.75
Jul 7.4825-7.7900 up 3.75-31.75
Aug NC 7.4825-7.5825 up 3.75-8.75
US 1 White Club Wheat - delivered by Unit Trains and Barges
Apr mostly 8.2175, ranging 8.2000-8.2625 up 32.00-3.25
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 8.5800, ranging 8.5100-8.6600 dn 0.50-up 3.50
10 pct protein mostly 8.5800, ranging 8.5100-8.6600 dn 0.50-up 3.50
11 pct protein 8.5900-8.7400 dn 4.50-up 3.50
11.5 pct protein
Apr mostly 8.7200, ranging 8.6300-8.7800 dn 6.50-up 3.50
May 8.5800-8.7300 dn 6.50-up 8.50
Jun 8.5500-8.7000 dn 0.75-up 4.25
Jul 8.5000-8.5500 dn 0.75-5.75
Aug NC 8.2650-8.4650 up 3.75
12 pct protein 8.6500-8.8000 dn 6.50-up 3.50
13 pct protein mostly 8.7700, ranging 8.6900-8.8400 dn 6.50-up 3.50
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 8.2275-8.2975 up 6.25
14 pct protein
Apr mostly 8.7875, ranging 8.7275-8.8275 up 1.25-6.25
May 8.6775-8.8275 up 6.25-11.25
Jun 8.6975-8.7975 up 4.75
Jul 8.4975-8.6975 up 4.75
Aug NC 8.2600-8.4600 up 5.25
15 pct protein 9.0475-9.2275 up 1.25-6.25
16 pct protein 9.3675-9.6275 up 1.25-6.25
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 ** 13.5000 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.5500
US 1 Hard Red Winter (Ordinary protein) 8.7300
US 1 Hard Red Winter (11.5% protein) 8.8600
US 1 Dark Northern Spring (14% protein) 9.0200
Source: USDA Market News Service, Portland, OR
Tiffany Smit 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
12:03 P ts


Did the cover crops in your area survive the severe winter without excess damage?

  • Yes
  • No
  • Unsure

User Submitted Photos

View photos      Submit your photos

4/18/2014 | Last Updated: 7:00 AM