Portland, OR - Thu May 08, 2008 - USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.m.; Subject to change
Bids for grains delivered to Portland, Oregon during May by rail or
barge, 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 bids are for full May delivery.
July morning wheat futures in early trading were 26-1/4 to 31-3/4
cents per bushel higher compared to Wednesdays closes.
Bids for US 1 Soft White Wheat for May Portland delivery were not
well tested in early trading.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for May
delivery were not well tested but were indicated as 26 cents per bushel
higher than Wednesdays noon bids in lining up with the higher Kansas
City July wheat futures.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for May
delivery were also not well tested in early trading but bids were
indicated as 32 cents per bushel higher compared to Wednesdays noon bids
in lining up with the sharply higher Minneapolis July wheat futures.
Bids for US 2 barley for May delivery were not available in early
trading.
Bids for US 2 Yellow Corn were 28-3/4 cents per cwt higher than
Wednesdays noon bids due to higher Chicago July corn futures in early
trading.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered *
May NA
Jun NA
Jul $ 7.90 -8.00
Aug NC $ 7.90 -8.00
Sep $ 8.00 -8.10
_
US 1 White Club Wheat - Rail/Barge delivered *
May NA
* Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein NA
10 pct protein NA
11 pct protein NA
11.5 pct protein
May $ 9.94 -10.34
Aug NC $ 9.46 -9.53
12 pct protein $ 10.14-10.54
13 pct protein $ 10.54-10.94
13 pct protein- $ 10.54-10.94
Milling Quality Montana Origin
* Not fully established.
_
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 NA
14 pct protein
May $ 12.03-12.18
Aug 1-10= $ 10.11-10.26
Aug 11-20= $ 10.06-10.21
Aug 21-31= $ 10.01-10.16
15 pct protein NA
Guaranteed 15 pct protein NA
* Not fully established.
_
US 2 Barley in 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 NA
FOB inland Country Elevators NA
* Not fully established.
_
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland $13.2875 -13.3750
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley $12.9875 -13.2000
_
US 2 Heavy White Oats in dollars per CWT** $11.0000
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2008
Averages in Dollars per bushel
No. 1 Soft White $10.26
No. 1 Hard Red Winter (Ordinary protein) NA
No. 1 Hard Red Winter (11.5% protein) $10.64
No. 1 Dark Northern Spring (14% protein) NA
No. 2 Barley NA
Source: USDA Market News Service, Portland, OR
Tiffany Smit (503) 326-2237
24 hour price information:(503) 326-2022
www.ams.usda.gov/mnreports/JO_GR110.txt
8:58 pdt ts
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