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

                                                      August 4, 2022
                                                                  
                                   Portland Price Trends
                 08-01-21    01-01-22    07-01-22    07-28-22   08-04-22
#1 SWW (bu)         9.25       10.70        9.50        9.20       8.80
White Club         10.75       12.45        9.50        9.45       8.80
DNS 14%            10.33       10.78       10.28       10.08       9.80
HRW 11.5%           8.37        9.81       10.23       10.00       9.70
#2 Corn (ton)     245.00      274.00      278.00      279.00     273.00
#2 Barley         200.00      240.00      245.00      235.00     235.00

   Wheat...White wheat markets remained well-supported through the week 
as USDA showed current prices levels remain attractive to global buyers.
Indonesia, typically a price-conscious "swing" buyer, booked 2.5 mb of
U.S. white wheat and along with 2.4 mb in bookings from "unknown", put
white wheat at the top of the sellers for U.S. wheat last week.  Nearby
basis reflected the interest, strenghtening as needed against Chicago
futures to hold cash bids competitive within 20 cents of the $9 level. 
   Weekly Sales...With the exception of white wheat, USDA showed export
demand for U.S. wheat waned over the past week.  Sales of 9.2 mb came in
at less than half the four-week average, putting current year commitments
at 303 mb which sets 2% below a year ago and 9% under the 5-year average
pace. White wheat led as top seller for the week, registering 5 mb in new
business to put sales at 68 mb and stands 18% ahead of a year ago but 22%
below average. Hard red winter recorded only 2.7 mb and with 88 mb in the
books, sets 16% behind a year ago and 10% below average. Hard red spring
saw 1.3 mb in sales, putting commitments at 84 mb which sets 4% behind a
year ago but 28% above average.
   
                                  -Norm Ruhoff  Contributing Analyst

               Copyright  2022 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.
Prices based on delayed futures quotes For current bid contact New Vision Co-op Brewster office
Powered By DTN