June 18, 2026
                                                                  
                                   Portland Price Trends
                 06-01-25    08-01-25    05-01-26    06-11-26   06-18-26
#1 SWW (bus)        6.15        6.15        6.30        6.30       6.40
White Club          6.30        6.30        6.65        6.65       6.75
DNS 14%             6.97        6.41        7.64        6.81       6.86
HRW 11.5%           5.85        5.88        7.34        6.76       6.75         
    
#2 Corn (ton)     208.00      190.00      215.00      197.00     198.00
#2 Barley         170.00      170.00      160.00      165.00     165.00
 
   Wheat...West coast wheat prices saw an uptick against higher futures
this week, with white wheat hitting and holding $6.40. White wheat is 
being supported by recent export demand, and the flat bid structure into 
January indicates near-term buying interest by exporters. Protein wheat 
bids showed hard red winter basis remaining defensive on current harvest 
pressure, while dark northern spring bids gained week-on-week. 
   Weekly Sales...USDA reported 14.7 million bushels of export demand
for U.S. wheat over the past week, putting commitments for the new year
at 183 million, which is 21% below a year ago and 5% behind the 5-year
average pace. Hard red winter booked 6 million bushels to place sales
at 45 million, which is 50% below a year ago and 20% below the average
pace. White wheat reported 5.3 million bushels in sales and with 52
million in commitments is setting 55% above a year ago but 12% below 
average. Hard red spring saw 4 million bushels in new sales, which puts
commitments at 54 million; 16% below a year ago and 8% below average.
Japan, Mexico and Thailand were the top buyers.

                                  - Norm Ruhoff  Contributing Analyst

                    Copyright  2026 DTN.  All Rights Reserved.