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

                                                      February 25, 2021
                                                                  
                                   Portland Price Trends
                 02-01-20    08-01-20    01-01-21    02-18-21   02-25-21
#1 SWW (bu)         6.25        5.60        6.65        7.50       7.65
White Club          7.75        6.00        6.90        7.50       7.65
DNS 14%             7.08        6.21        7.14        7.35       7.50
HRW 11.5%           6.17        5.71        7.38        7.63       7.75
#2 Corn (ton)     175.00      151.00      211.00      220.00     222.00
#2 Barley         140.00      130.00      145.00      160.00     160.00

   Wheat...West coast white and hard red winter wheat prices continued
to mark fresh multi-year highs this week.  Soft white moved above $7.50
for the first time since May 2014 and hard red winter marked $7.75 for
the first time since November 2014.  Exporters are pushing the nearby
delivery positions to cover prior export commitments.
   Weekly Sales...USDA reported a big setback in export demand for U.S.
wheat last week, coming in at a marketing year low of 6.2 mb.  Current
commitments set a 866 mb, which is 4% ahead of a year ago and 8% above
the five-year average pace. Top seller was hard red spring with 2.2 mb,
which puts sales 7% ahead of a year ago and 9% above average at 258 mb.
Soft white wheat booked 1.8 mb and with 229 mb in sales is setting 38%
ahead of a year ago and 43$ above average.  Hard red winter saw sales
slip to just 1.5 mb and with 291 mb in commitments, now sets 6% below
a year ago and 1% below the five-year average pace.
      
                                    -Norm Ruhoff  Contributing Analyst

               Copyright  2021 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.
All of our posted bids are subject to change. Call for up to the minute bids.
Powered By DTN