BC-USDA-Portland Grain

11/24/2014 12:30 PM
By Associated Press

JO—GR110
Portland, OR Mon Nov 24, 2014 USDA Market News
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during November trended mixed, 2.75 cents lower to 14.50 cents
per bushel higher than Friday?s noon bids for the same delivery
period. The lower Chicago December wheat futures pressured cash bids
however a higher basis bid by some exporters provided support. Some
exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November
delivery trended mixed, 7.75 cents per bushel lower to .25 cents per
bushel higher than Friday?s noon bids for the same delivery period. The
marginally higher Kansas City December wheat futures supported cash bids
however lower basis bids by some exporters offset much of the support.
Some exporters are not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
November delivery trended mixed, 4.25 cents per bushel lower to 1.75
cents per bushel higher than Friday?s noon bids for the same delivery
period. The lower Minneapolis December wheat futures pressured cash bids
however higher basis bids by some exporters provided 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
Nov mostly 7.0350, ranging 6.8950-7.2950 up 14.50-dn 2.75
Dec 6.7500-7.3450 unch-up 2.25
Jan 6.8000-7.4450 unch-dn 4.00
Feb 6.8000-7.5450 unch-up 6.00
Mar 6.8000-7.5450 unch-up 6.00
US 1 White Club Wheat - delivered by Unit Trains and Barges
Nov mostly 9.4875, ranging 9.3950-9.6725 up 7.25-dn 5.00
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 7.1825, ranging 7.1425-7.2625 dn 4.75-0.75
10 pct protein mostly 7.1825, ranging 7.1425-7.2625 dn 4.75-0.75
11 pct protein 7.2225-7.3525 dn 6.75-up 0.25
11.5 pct protein
Nov mostly 7.3125, ranging 7.2625-7.3925 dn 7.75-up 0.25
Dec 7.2625-7.3925 dn 7.75-up 0.25
Jan 7.3075-7.4575 dn 6.25-1.25
Feb 7.3075-7.4575 dn 11.25-1.25
Mar 7.3075-7.4575 dn 11.25-1.25
12 pct protein 7.2625-7.3925 dn 12.75-up 0.25
13 pct protein mostly 7.3625, ranging 7.2625-7.4425 dn 12.75-4.75
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 7.5900-8.3900 dn 4.25
14 pct protein
Nov mostly 9.4600, ranging 9.1900-9.6500 dn 4.25-up 1.75
Dec 9.1900-9.6500 dn 4.25-up 1.75
Jan 9.1950-9.6450 dn 2.50
Feb 9.1950-9.6450 dn 2.50
Mar 9.1950-9.6450 dn 2.50
15 pct protein 10.1900-10.4500 dn 4.25-up 1.75
16 pct protein 10.9900-11.5900 dn 4.25
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 ** 13.2500 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Oct 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.7900
US 1 Hard Red Winter (Ordinary protein) 7.3200
US 1 Hard Red Winter (11.5% protein) 7.4400
US 1 Dark Northern Spring (14% protein) 8.9600
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
11:55 P re


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11/24/2014 | Last Updated: 3:45 PM