News & Resources

Portland Grain Review 03/27

27 Mar 2018
March 27, 2018 Portland Price Trends 03-01-17 08-01-17 02-01-18 03-20-18 03-27-18 #1 SWW (bu) 4.90 5.20 5.42 5.65 5.73 White Club 5.05 5.30 5.42 5.65 5.73 DNS 14% 6.96 8.38 7.41 7.33 7.35 HRW 11.5% 5.52 5.65 6.17 6.10 6.04 #2 Corn (ton) 175.00 148.00 161.00 173.00 171.00 #2 Barley 158.00 125.00 140.00 152.00 152.00 Wheat...West coast white wheat markets remained firm as the trading week got underway, with spot basis levels climbing to a new marketing year high of 125 over yesterday. Exporters continue to work toward a flat price level that will attract producer selling in an effort to fill recent sales. Cash bids remain flat into April for all the west coast wheat markets. Shipments...Weekly export inspections showed a subdued pace of loadings for U.S. wheat over the past week, coming in at just under 10 mb to put the year-to-date total at 714 mb and 8% below a year ago. Top shipper for the week was hard red winter with 2.6 mb, followed closely by soft red winter with 2.4 mb. Hard red spring registered 1.8 mb and soft white shipped 1.3 mb. Top destination off the west coast was Japan with 2.2 mb. -Norm Ruhoff Contributing Analyst Copyright 2018 DTN/Telvent. All Rights Reserved.