0
0
0
 

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

                                                      September 16, 2021
                                                                  
                                   Portland Price Trends
                 09-01-20    01-01-20    08-01-21    09-09-21   09-16-21
#1 SWW (bu)         5.35        6.65        9.25       10.85      10.85
White Club          5.70        6.65       10.75       12.85      12.85
DNS 14%             6.51        7.14       10.33       10.07      10.41
HRW 11.5%           6.20        7.38        8.33        8.43       8.80
#2 Corn (ton)     163.00      211.00      246.00      239.00     249.00
#2 Barley         130.00      145.00      200.00      240.00     240.00

   Wheat...West coast white wheat bids once again held steady through the
week at $10.85 as basis tapered back about 25 cents against the gains in
Chicago futures.  Protein wheats recovered some ground this week as hard
red winter was up 37 cents and dark northern spring gained 34 cents.
   Weekly Sales...USDA reported the best weekly tally of wheat sales for
the year, coming in at 22.7 mb on the shoulders of larger hard red winter
demand. Total sales now stant at 383 mb, which is running 21% behind last
year at this time and 16% below the five-year average pace. Sales of hard
red winter led the charge with 16.5 mb, lifting commitments for the year
to 150 mb which is 17% behind a year ago and 12% below average.  Hard red
spring registered 2.8 mb to put sales at 103 mb, setting 27% behind last
year and 23% below average. White wheat garnered 1.7 mb and with 66 mb in
commitments, sets 34% behind a year ago and 30% below average. Top buyers
were Nigeria with 12.1 mb of hard red winter, followed by Mexico with 2.8
mb and South Korea booking 2.5 mb.   
    
                                     -Norm Ruhoff  Contributing Analyst

               Copyright  2021 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