JO_GR116
Portland, OR    Thu Jun 13, 2013   USDA Market News

Portland Weekly Grain Review Part 2
Pacific Northwest Add Weekly Grain Summary

   Cash Soft White Wheat - Pacific Northwest:  Bids for US 1 Soft White 
Wheat, delivered by unit trains and barges to Portland during June 
ended the reporting week on Thursday, June 13, at not available as most 
exporters were not issuing bids for nearby delivery.  Last Thursday's 
noon bids for June delivery were not available.  There were no white 
club wheat premiums for nearby delivery for this week or last week.  
One year ago bids for US 1 Soft White Wheat and white club wheat for 
June delivery were 6.60-6.75, mostly 6.66.  Nearby bids for US 1 Soft 
White wheat for this week were not available as most exporters were not 
issuing bids for nearby delivery.  There were no new confirmed export 
sales of white wheat this week.  Forward month bids for soft white 
wheat were as follows:  July 7.2875-7.3050, mostly 7.2925; August New 
Crop 7.10-7.30; September 7.15-7.35 and October 7.20-7.40.  One year 
ago, forward month bids for soft white wheat were as follows:  July 
6.65-6.75,  August New Crop and September 6.65-6.80 and October 6.68-
6.85.

   Outstanding U.S. white wheat export sales as of June 6, 2013 for the 
marketing year beginning June 1, 2013 and ending May 31, 2014, totaled 
850.5 thousand MT compared to 832.6 thousand MT on May 30, 2012, and 
914.5 thousand MT one year ago.  Outstanding white wheat export sales 
for the 2013-2014 marketing year were to the following countries in 
1000 MT:  Japan 132.4, Philippines 111.0, China 110.0, South Korea 
80.7, Guatemala 59.8, Thailand 36.0, Malaysia 22.3, Nigeria 19.2, 
Vietnam 2.0, Canada 1.7, Hong Kong 1.6, Burma 0.6 and total unknown 
273.2.  Accumulated white wheat export shipments as of June 6, 2013, in 
1000 MT for the 2013-2014 marketing year, totaled 10.7 compared to 
105.6 one year ago.  

   Outstanding U.S. barley export sales as of June 6, 2013 for the 
marketing year beginning June 1, 2013 and ending May 31, 2014, in 1000 
MT, totaled 27.8 compared to 26.3 on May 30, 2012 and 29.8 one year 
ago.  Outstanding barley export sales for the 2013-2014 marketing year 
in 1000 MT were to the following countries in 1000 MT:  Japan 24.2, 
Taiwan 3.2 and Philippines 0.4.  Accumulated barley export shipments as 
of June 6, 2013 were 1.0 thousand MT compared to 0.0 one year ago.  

   Coarse feeding grains:  Bids for US 2 Yellow Corn delivered to 
Portland in single rail cars were 286.25-286.50, 7.00 to 7.25 cents per 
ton lower than last Thursday's bids of 293.25-293.75.  Bids for US 2 
Yellow Corn truck delivered to the inland feeding areas of Yakima, 
Washington, and Hermiston, Oregon were 275.25-291.00, 7.00 per ton 
lower than last Thursday's bids of 282.25-298.00.  Lower Chicago July 
corn futures weighed on the cash corn bids.  Bids for US 2 Heavy White 
Oats for May delivery were 275.00, steady with last Thursday's noon 
bids.

Source: USDA Market News Service, Portland, OR
        Tiffany Smit 503-326-2237 Portland.LGMN@ams.usda.gov
        24 hour price information 503-326-2022
        http://www.ams.usda.gov/mnreports/jo_gr116.txt
        www.ams.usda.gov/lpsmarketnewspage


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