0
0
0

River Valley MFA

 

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

                                                       September 12, 2019
                                                                  
                                   Portland Price Trends
                 09-01-18    01-01-19    08-01-19    09-05-19   09-12-19
#1 SWW (bu)         6.05        6.15        5.90        5.75       5.80
White Club          6.05        6.15        5.90        5.75       5.80
DNS 14%             6.84        6.59        5.98        5.72       5.93
HRW 11.5%           6.53        6.39        5.36        5.19       5.26
#2 Corn (ton)     156.00      168.00      170.00      158.00     160.00
#2 Barley         140.00      140.00      140.00      140.00     140.00

   Wheat...West coast wheat markets saw the protein wheats recover some
ground on firmer basis levels, while white wheat held mostly in a nickel
trading range this week. Basis on hard red spring improved 15 cents from
last week and hard red winter basis was up a nickel.
   Crop Report...USDA left the overalll U.S. wheat balance sheet largely
unchanged, modifying export projections within each class of wheat. Hard
red winter saw exports dropped 10 mb, which was offset by 5 mb increases
for both soft red winter and hard red spring.  Soft white export numbers
were unchanged from last month.
   Weekly Sales...Export demand improved again last week, coming in near
the top end of the weekly range this year at 22.4 mb. Year-to-date sales
now stand at 441 mb, which is 23% ahead of a year ago and 3% ahead of the
five-year average pace.  Top seller was hard red winter with 7 mb and at
165 mb, sales-to-date are 55% ahead of a year ago and 13% above average.
Hard red spring garnered 6.9 mb to put sales at 123 mb, which is 15% over
a year ago but 5% behind average. Soft white saw the best weekly total of
the marketing year at 5.9 mb, placing sales at 79 mb; 12% behind a year
ago and 7% below the average pace.

                                    -Norm Ruhoff  Contributing Analyst

               Copyright  2019 DTN/Telvent.  All Rights Reserved.





Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN