USDA Portland Daily Grain 07/25 14:00
USDA Portland Daily Grain 07/25 14:00
JO_GR110
Portland, OR Mon Jul 25, 2011 USDA Market News
Portland Daily Grain Report
Bids as of 11:30 a.m.; Subject to change
Bids for grains delivered to Portland, Oregon during July by unit
trains and barges, in dollars per bushel, except oats, corn and barley,
in dollars per cwt. Bids for soft white wheat are for delivery periods
as specified. All other wheat and barley bids are for full July
delivery. Bids for corn are for 30 day delivery.
September wheat futures closed 3-3/4 to 9-1/2 cents per bushel lower
than Fridays closes.
Bids for US 1 Soft White Wheat delivered to Portland by unit trains
and barges during July trended mixed, from five cents lower to five cents
per bushel higher compared to Fridays noon bids. Some exporters were
not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July
delivery were nine to 14 cents per bushel lower than Fridays noon bids.
Bids were pressured by the lower Kansas City September wheat futures, and
a lower basis bid by some exporters.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for July
delivery trended eight to 38 cents per bushel lower compared to Fridays
noon bids. The lower Minneapolis September wheat futures and a lower
basis bid by some exporters pressured cash bids. Protein scales for non-
guaranteed 14.0 percent protein were plus 35 to 40 cents each 1/4 of a
percent of protein up to 16 percent protein and minus 45 cents each 1/4
of a percent of protein down to 13 percent protein. Some exporters are
bidding a premium for guaranteed 14 percent protein dark northern spring
wheat. Some exporters are not issuing bids for nearby delivery.
Bids for US 2 Barley for July delivery were not available.
Bids for US 2 Yellow Corn delivered to Portland via single rail cars
trended 20 cents per cwt lower than Fridays noon bids in response to the
higher Chicago September corn futures. Corn bids truck delivered to the
Yakima Valley were also 20 cents per cwt lower than Fridays noon bids.
All wheat bids in Dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Jul mostly 6.90, ranging 6.70-7.00 dn 5-up 5
Aug NC 6.75-7.03 dn 5-up 8
Sep 6.85-7.08 dn 5-up 3
Oct 6.95-7.11 dn 5-up 3
Nov 7.00-7.15 dn 5-up 4
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Jul mostly 6.90, ranging 6.70-7.00 dn 5-up 5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 6.65, ranging 6.61-6.71 dn 9-29
10 pct protein mostly 6.65, ranging 6.61-6.71 dn 9-29
11 pct protein 7.51-7.56 dn 9-24
11.5 pct protein
Jul mostly 7.99, ranging 7.91-8.13 dn 14-9
Aug NC 7.96-8.11 dn 9
12 pct protein 8.21-8.41 dn 14-9
13 pct protein mostly 8.94, ranging 8.81-9.11 dn 14-9
13 pct protein- NA
Milling Quality Montana Origin
_
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)
12 pct protein NA
13 pct protein 8.01-8.41 dn 8-38
14 pct protein
Jul mostly 9.96, ranging 9.81-10.21 dn 8-38
Aug NC 9.71-10.06 dn 8-23
GTN 14% Jul 9.81-10.01 dn 8
15 pct protein 11.01-11.81 dn 8-38
16 pct protein 12.21-13.41 dn 8-38
_
US 2 Barley dollars per CWT
Unit trains & Barges-export (45 lbs.) NA
Merchandiser Bids-Single rail cars-domestic (48 lbs. or better)
Delivered to Portland NA
Delivered to inland feeding areas
FOB inland Country Elevators NA
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 14.9750-15.3000 dn 20
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.9750-15.1375 dn 20
US 2 Heavy White Oats in dollars per CWT 10.50 unch
Exporter Bids Portland Rail/Barge Jun 2011
Averages in Dollars per bushel
No. 1 Soft White by Unit Trains or Barges 7.45
No. 1 Hard Red Winter (Ordinary protein) 7.41
No. 1 Hard Red Winter (11.5% protein) 8.74
No. 1 Dark Northern Spring (14% protein) 11.60
No. 2 Barley NA
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 hour price information 503-326-2022
www.ams.usda.gov/mnreports/JO_GR110.txt
www.ams.usda.gov/lsmarketnews
11:45
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