Portland Grain Review 04/20

April 20, 2021 Portland Price Trends 04-01-20 08-01-20 03-01-21 04-13-21 04-20-21 #1 SWW (bu) 6.10 5.60 7.60 6.85 7.30 White Club 7.60 6.00 7.60 6.85 7.30 DNS 14% 7.04 6.21 7.33 7.47 7.71 HRW 11.5% 6.30 5.71 7.48 7.06 7.45 #2 Corn (ton) 155.00 151.00 221.00 240.00 254.00 #2 Barley 130.00 130.00 170.00 180.00 170.00 Wheat...West coast wheat markets saw solid week-to-week gains across all classes of wheat, following a rebound in respective futures. White wheat continued to build on strength from last week, supported by light farm selling and declining crop conditions. Protein wheats also started the week markedly higher. Crop Progress...USDA reported the three-state weighted winter wheat index declined over the past week, slipping 3% to 96% of normal as dry weather impacted the Oregon and Washington crops. Ratings for Oregon showed good to excellent dropping 10% to 55% with poor to very poor up to nearly 10%. Washington dropped 7% out of good to excellent and sets at 67%, while Idaho gained 2% to 55%. Shipments..Weekly export inpsections showed a marked improvement for U.S. wheat loadings last week, coming in at 22.5 mb to put the total at 809 mb and slightly ahead of a year ago. Soft white was the top shipper at 6.8 mb, going mostly to the Philippines, Thailand and China off west coast ports. -Norm Ruhoff Contributing Analyst Copyright 2021 DTN/Telvent. All Rights Reserved.