Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 

                                                       October 23, 2018
                                                                  
                                   Portland Price Trends
                 10-01-17    01-01-18    09-01-18    10-16-18    10-23-18
#1 SWW (bu)         5.35        5.32        6.05        6.25        6.25
White Club          5.40        5.32        6.05        6.25        6.25
DNS 14%             7.41        7.52        6.84        6.96        6.99
HRW 11.5%           5.79        5.60        6.53        6.63        6.51
#2 Corn (ton)     141.00      157.00      156.00      164.00      163.00
#2 Barley         125.00      128.00      140.00      140.00      140.00

   Wheat...Basis levels continued to firm across all the west coast wheat
markets, as exporters continue to work toward generating farmer movement.
Spot basis for soft white at 119 over is up 17 cents from last week, hard
red winter at 145 over is up a dime and dark northern spring basis climbed
15 cents to 115 over.
   Crop Progress...USDA reported good winter wheat planting progress in
both Idaho and Oregon last week. Idaho put in another 11% of the crop and
sets slightly above the average pace at 95% planted. Oregon saw another
19% planted and is now 10% behind average at 70% sown.  Washington put in
another 5%, setting slightly ahead of average at 92% planted. Moisture is
in the forecast for the Pacific Northwest later this week.
   Shipments...Weekly export inspections showed a slower pace of loadings
for U.S. wheat last week, coming in at 14.1 mb to put year-to-date totals
at 301 mb and 24% behind a year ago.  Hard red winter was the top shipper 
last week with 5.6 mb, followed by soft white at 3.1 mb and red spring at
2.9 mb. Top destinations off the west coast were the Philippines with 2.1
mb, followed by Taiwan with 2.1 mb and Indonesia with 1.9 mb.

                                      -Norm Ruhoff  Contributing Analyst

               Copyright  2018 DTN/Telvent.  All Rights Reserved.





Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN