Portland Grain Review 11/19

November 19, 2019 Portland Price Trends 11-01-18 01-01-19 10-01-19 11-12-19 11-17-19 #1 SWW (bu) 6.22 6.15 5.90 6.02 5.95 White Club 6.22 6.15 5.90 7.77 7.80 DNS 14% 6.92 6.59 6.58 6.94 6.78 HRW 11.5% 6.51 6.39 5.61 6.03 5.96 #2 Corn (ton) 159.00 168.00 173.00 173.00 171.00 #2 Barley 140.00 140.00 150.00 135.00 135.00 Wheat...West coast wheat bids showed both soft white and red springs opening the week mostly steady, while hard red winter prices improved on strength in KC futures. White wheat bids remain mostly sideways, having held within a nickel on either side of $6 over the past two weeks. Club wheat premiums continue to build; up a dime over the past week and now at 185 over soft white. Shipments...Weekly export inspections showed a modest decline in U.S. wheat loadings from the prior week, coming in at 16.5 mb to place total shipments-to-date at 438 mb and 21% ahead of a year ago. Top shipper for the week was white wheat at 5.3 mb, followed by both hard red winter and springs near the 3.5 mb mark. China was top destination off the PNW at 2.4 mb, followed by Thailand with 2.2 mb, the Philippines at 1.9 mb and Yemen with 1.1 mb. -Norm Ruhoff Contributing Analyst Copyright 2019 DTN/Telvent. All Rights Reserved.