West Coast grain price report

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during January for ordinary protein trended two to 3.25 cents per bushel higher compared to week ago prices for the same delivery period from 5.27-5.3325.

Published on January 12, 2018 3:35PM


Grains are stated in dollars per bushel or hundredweight (cwt.) except feed grains traded in dollars per ton. National grain report bids are for rail delivery unless truck indicated.

PORTLAND GRAIN

(USDA Market News)

Portland

Jan. 12

Pacific Northwest Market Summary: Cash wheat bids for January delivery ended the reporting week on Thursday, Jan. 11, were mixed compared to week ago noon bids for January delivery.

March wheat futures ended the reporting week on Thursday, Jan. 11, mixed as follows compared to week ago closes: Chicago wheat futures were 0.75 of a cent lower at 4.3325, Kansas City wheat futures were 0.50 if a cent higher at 4.4025 and Minneapolis wheat futures trended 1.25 cents higher at 6.29.

Chicago January corn futures trended 2.25 cents lower at 3.4875 and March soybean futures closed 17.75 cents lower at 9.50.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during January for ordinary protein trended two to 3.25 cents per bushel higher compared to week ago prices for the same delivery period from 5.27-5.3325.

Some exporters were not issuing bids for nearby delivery. White club wheat premiums were zero to five cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat any protein for January delivery by unit trains and barges to Portland were 4.56-4.6375 and bids for White Club Wheat were 4.74-4.8875.

Forward month bids for soft white wheat ordinary protein were as follows: February 5.27-5.3625, March 5.27-5.3925, April and May 5.27-5.3875.

One year ago, forward month bids for soft white wheat for any protein were as follows: February 4.56-4.6375, March 4.5375-4.6375, April 4.50-4.5825 and May 4.50-4.5725.

Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during January trended mixed, from 1.75 cents lower to 3.25 cents per bushel higher than week ago prices for the same delivery period from 5.2325-5.3325. Some exporters were not issuing bids for nearby delivery.

White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat this week were zero to five cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein for January delivery by unit trains and barges to Portland were 4.6375-4.6875 and bids for White Club Wheat were 4.6375-4.9375.

Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: February 5.2325-5.3625, March 5.30-5.3925, April and May 5.35-5.3875.

One year ago, forward month bids for soft white wheat for any protein were as follows: February not available, March 4.5375-4.6875, April 4.5425-4.7725 and May 4.5425-4.6525.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January delivery trended 0.50 of a cent per bushel higher than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery.

This week, bids were as follows: January and February 5.8525-6.0025 and March 5.9025-6.0025.

Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during January trended 1.25 cents per bushel higher than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby

delivery.

This week, bids for non-guaranteed 14 percent protein were as follows: January 7.44-7.64, February and March 7.44-7.69 and April 7.7025-7.7525.

Coarse feeding grains: Bids for US 2 Yellow Corn delivered full coast Pacific Northwest BNSF shuttle trains for January delivery trended 0.25 of a cent to 1.25 cents lower than week ago bids for the same delivery period at 4.4075-4.4375.

Some exporters were not issuing bids for nearby delivery. Forward month corn bids were as follows: February 4.4075-4.4675, March 4.4075-4.4575, April 4.36-4.41, May 4.33-4.37 and June 4.32-4.37. Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest BNSF shuttle trains for November delivery trended 17.75 to 18.75 cents lower than week ago bids for the same delivery period from 10.37-10.45.

Some exporters were not issuing bids for nearby delivery.

Forward month soybean bids were as follows: February 10.35-10.42 and March 10.25-10.38. Bids for US 2 Heavy White Oats for November delivery trended steady at 3.0475 per bushel.

Pacific Northwest Export News: There were 14 grain vessels in Columbia River ports on Jan. 11, with five docked compared to 13 last week with four docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA.

California Weekly

Grain Report

Jan. 12

Paid by feed manufacturers and other users, delivered plant or receiving station. All prices are offers for prompt shipment unless otherwise stated.

Dollars Per Cwt.

BARLEY US No 2 (46-lbs. per bushel)

FOB Solano County NA

Colusa County NA

Tehama County NA

Rail: Any Origin - via BNSF and U.P.

Los Angeles NA

Stockton-Modesto-

Oakdale-Turlock NA

Tulare County NA

Truck Petaluma-Santa Rosa 9.85

Stockton-Modesto-

Oakdale-Turlock NA

Kings-Tulare-

Fresno Counties NA

Kern County NA

Colusa County NA

Glenn County NA

CORN US No 2 Yellow

FOB Stockton-Modesto-

Oakdale-Turlock NA

Modesto-Oakdale-Turlock NA

Kings-Tulare-Fresno NA

Rail: Single Car Units via BNSF

Los Angeles-

Chino Valley Basis 1.17+H

Stockton NA

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock Basis 1.27+H

Kings-Tulare-

Fresno Counties Basis 1.27+H

Glenn County NA

Hanford County NA

Kern County NA

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-

Chino Valley via BNSF Basis 1.70+H

Truck: Modesto-Oakdale-Turlock NA

Turlock County NA

Glenn County NA

Kings-Tulare-Fresno NA

OATS US No 1 White (40-lbs. per bushel)

Truck Los Angeles-Chino Valley NA

US No 2 White (38-lbs. per bushel)

Rail Petaluma NA

Truck Petaluma NA

Stockton-Modesto-

Oakdale-Turlock NA

Colusa County NA

WHEAT US No 2 or better - Hard Red Winter

(Domestic Values for Flour Milling)

FOB Kern NA

Fresno NA

Merced NA

Truck (California Origin)

Los Angeles 12% Protein NA

Los Angeles 13% Protein NA

Los Angeles 14% Protein NA

Colusa County NA

Rail-Truck (Out of State Origin)

Los Angeles Guaranteed 12% Protein NA

Los Angeles Guaranteed 13% Protein NA

Los Angeles Guaranteed 14% Protein NA

WHEAT US Durum Wheat

FOB: Imperial County NA

Truck Imperial County NA

Kern County NA

Kings-Tulare-Fresno Counties NA

WHEAT Any Class for Feed

FOB: Kings-Tulare-Fresno Counties NA

Kern County NA

Merced County NA

Rail-Truck:

Los Angeles-Chino Valley

(11-1/2 to 12-1/2% protein) NA

13% protein NA

Truck: Petaluma-Santa Rosa NA

Stockton-Modesto-

Oakdale-Turlock 9.25 FOB

Kings-Tulare-Fresno Counties NA

Fresno NA

Merced County NA

Kern County NA

Colusa County NA



Marketplace

Share and Discuss

Guidelines

User Comments