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Portland Grain Review 12/03

3 Dec 2019
December 3, 2019 Portland Price Trends 12-01-18 01-01-19 11-01-19 11-26-19 12-03-19 #1 SWW (bu) 6.25 6.15 6.00 5.90 5.92 White Club 6.25 6.15 7.50 7.75 7.72 DNS 14% 6.97 6.59 7.06 6.82 6.84 HRW 11.5% 6.56 6.39 5.96 6.01 5.99 #2 Corn (ton) 170.00 168.00 177.00 173.00 170.00 #2 Barley 140.00 140.00 135.00 135.00 135.00 Wheat...Week-to-week price performance shows west coast wheat markets about on par with last Tuesday, largely missing the late week spike in the futures market. Trade remains light as current prices levels are drawing limited farm selling. For the month of November, white wheat bids held to 15 cent trading range, hard red winter moved within a 22 cent range while dark northern spring traded a range of nearly 40 cents. Shipments...Weekly export inspections showed the pace of wheat loadings reflective of a holiday week; slipping 43% from the prior week to a total of 9 mb. Year-to-date shipments set at 463 mb and 19% ahead of a year ago. Hard red winter accounted for over half the weekly total at 4.6 mb, with hard red spring at 2.2 mb and white wheat under a million bushels. Japan was top destination off the west coast with 1.7 mb. -Norm Ruhoff Contributing Analyst Copyright 2019 DTN/Telvent. All Rights Reserved.