Full Service Commodity Brokerage Since 1975            800-272-9131 Thursday, September 24, 2020
 
Home
Account Status
Trading Times
Margin Guide
Calendar
Account Apps
Locations
Brokers
Employment
Subscriptions
Commissions
Links
Contact Us
Disclaimer
  
 
Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 

                                                      September 22, 2020
                                                                  
                                   Portland Price Trends
                 09-01-19    01-01-20    08-01-20    09-15-20   09-22-20
#1 SWW (bu)         5.70        6.15        5.60        5.35       5.50
White Club          5.70        7.65        6.00        5.70       5.88
DNS 14%             5.67        7.21        6.21        6.43       6.59
HRW 11.5%           5.20        6.26        5.71        6.06       6.39
#2 Corn (ton)     162.00      172.00      151.00      164.00     161.00
#2 Barley         140.00      140.00      130.00      130.00     130.00

   Wheat...West coast white wheat markets regained some footing over the
past week.  While basis levels remain historically weak, gains in Chicago
have supported the market. Exporter bid structures also show carries have
now gone flat into November, signaling a need for nearby shipments.
   Crop Progress...Spring wheat harvest is virtually complete across the
Pacific Northwest and producers have been busy planting winter wheat. USDA
reports Washington plantings right on track with average at 49%, Idaho is
slightly behind average at 22% and Oregon is on track at 14% planted.
   Shipments...Weekly export inspections showed a slowing of the U.S wheat
export engine last week, as overall exports came in at 17.2 mb to put the
year-to-date total at 317 mb and 8% ahead of a year ago.  Top shipper was
hard red winter with 6.4 mb, followed by red spring with 6.1 mb and white
wheat at 2.4 mb.  Top destinations off the west coast were Japan with 3.5
mb, Thailand with 2.1 mb and Vietnam with 1.9 mb.

                                       -Norm Ruhoff  Contributing Analyst

               Copyright  2020 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.
The risk of loss of trading commodities is substantial. Click here for the full disclaimer.
Powered By DTN