Portland Grain Review 10/08

October 8, 2019 Portland Price Trends 10-01-18 01-01-19 09-01-19 10-01-19 10-08-19 #1 SWW (bu) 6.15 6.15 5.70 5.90 6.05 White Club 6.15 6.15 5.70 5.90 6.05 DNS 14% 6.67 6.59 5.67 6.58 6.78 HRW 11.5% 6.36 6.39 5.20 5.61 5.60 #2 Corn (ton) 157.00 168.00 162.00 173.00 176.00 #2 Barley 140.00 140.00 140.00 150.00 150.00 Wheat...Stronger futures and firm basis levels bolstered bids for west coast wheat markets in early-week trade, with white white capturing some further strength on word of a Chinese purchase. As a result, soft white bids moved back above $6 for the first time since late July. Shipments...Weekly export inspections showed total U.S. wheat loadings down about 20% from the prior week at 14.1 mb, putting total shipments for the year at 327 mb and 21% ahead of a year ago. With virtually no hard red winter leaving U.S. ports, hard red spring was top shipper at 4.1 mb with soft white registering 3.8 mb. Top destinations off the west coast ports were the Philippines with 3.2 mb, followed by Vietnam at 2.1 mb and Yemen taking 1.8 mb for the week. Crop Progress...Pacific Northwest winter wheat plantings showed Idaho making good progress over the past week, sowing another 15% of the crop to get within 10% of average at 58% planted. Washington put in another 6% of their crop and sets 7% behind average at 74%, with emergence trailing 22% behind average. -Norm Ruhoff Contributing Analyst Copyright 2019 DTN/Telvent. All Rights Reserved.