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

                                                       December 7, 2017
                                                                  
                                   Portland Price Trends
                 12-01-16    01-01-17    11-01-17    11-30-17    12-07-17
#1 SWW (bu)         4.55        4.50        5.23        5.21        5.17
White Club          4.70        4.65        5.28        5.26        5.22
DNS 14%             6.53        6.57        7.49        7.51        7.43
HRW 11.5%           4.88        4.99        5.60        5.66        5.55
#2 Corn (ton)     148.00      160.00      145.00      148.00      152.00
#2 Barley         115.00      115.00      125.00      125.00      125.00

   Wheat...West coast white wheat bids saw basis levels firming against a
lower Chicago market this week, offsetting some of the declines across the
futures complex.  Basis on protein wheats held mostly steady and reflected
the full setback in futures this week.  Aside from routine interest out of
Japan, export demand remains relatively light.
   Weekly Sales...USDA reported a modest rebound in export demand for U.S.
wheat last week, coming in at the best levels in three weeks but remaining
below the four-week average.  Total wheat sales of 11.8 mb put the current
year sales at 642 mb, which stand 10% below late November last year and 4% 
below the five-year average pace.  Top seller was hard red winter with 7.5
mb, placing sales at 254 mb; 12% under a year ago but 7% above the average.
Hard red spring garnered 1.6 mb and set 23% behind a year ago and 7% under
average with 174 mb booked.  Soft white wheat tallied 1.2 mb for the week,
setting 19% ahead of last year and 25% above average with 145 in sales.


                                       -Norm Ruhoff  Contributing Analyst

               Copyright  2017 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