Portland Grain Review 11/26

November 26, 2019 Portland Price Trends 11-01-18 01-01-19 10-01-19 11-19-19 11-26-19 #1 SWW (bu) 6.22 6.15 5.90 5.95 5.90 White Club 6.22 6.15 5.90 7.80 7.75 DNS 14% 6.92 6.59 6.58 6.78 6.82 HRW 11.5% 6.51 6.39 5.61 5.96 6.01 #2 Corn (ton) 159.00 168.00 173.00 170.00 173.00 #2 Barley 140.00 140.00 150.00 135.00 135.00 Wheat...Solid gains across the futures complex and rolling of nearby cash bids to March futures pared basis levels in early-week trade. Bid structures remain flat for hard red winter and spring wheats, while club wheat bids maintain a premium of 185 over white wheat; the highest since the 2015 marketing year when premiums hit more that 300 over. Shipments...Weekly export inspections showed U.S. wheat loadings off from the prior week's pace, coming in at 15.4 mb to put the current year total 22% ahead of a year ago at 453 mb. Top shipper for the week was hard red spring with 5.9 mb, followed by soft white with 3.9 mb. The top destination off the west coast was the Philipppines with 4.4 mb, Japan took 2.7 mb and Bangladesh accounted for 2.1 mb. -Norm Ruhoff Contributing Analyst Copyright 2019 DTN/Telvent. All Rights Reserved.