Portland Grain Review 01/08

January 8, 2019 Portland Price Trends 01-01-18 08-01-18 12-01-18 01-01-19 01-08-19 #1 SWW (bu) 5.32 6.05 6.25 6.15 6.30 White Club 5.32 6.05 6.25 6.15 6.30 DNS 14% 7.52 7.08 6.91 6.59 6.79 HRW 11.5% 5.60 6.89 6.50 6.39 6.56 #2 Corn (ton) 157.00 160.00 166.00 168.00 169.00 #2 Barley 128.00 140.00 140.00 140.00 140.00 Wheat...A CCC donation tender held white wheat markets firm to start the week, with prices posting a marketing year high of $6.30 today. USDA will conduct a donation tender tomorrow for Yemen, seeking 2.2 mb of U.S. white wheat. Protein wheat markets also benefited from a modest rebound in futures, with basis holding steady on hard red winter and springs. Shipments...Weekly export inspections showed a seasonally slower pace of export loading for U.S. wheat last weeek, registering 9.5 mb to place year-to-date shipments at 475 mb and 13% behind a year ago. Shipments by class showed hard red spring with 5.2 mb, followed by hard red winter at 2.3 mb and white wheat with 1.6 mb for the week. Top destinations from west coast ports were the Philippines with 3.2 mb and Bangladesh taking a total of 1.8 mb. -Norm Ruhoff Contributing Analyst Copyright 2019 DTN/Telvent. All Rights Reserved.