Portland Grain Review 12/24

December 24, 2024 Portland Price Trends 12-01-23 01-01-24 11-01-24 12-17-24 12-24-24 #1 SWW (bus) 6.80 6.65 6.00 5.90 5.90 White Club 7.30 7.15 6.15 6.05 6.05 DNS 14% 8.12 8.03 6.75 6.71 6.65 HRW 11.5% 7.02 6.97 6.42 6.29 6.20 #2 Corn (ton) 228.00 232.00 209.00 218.00 216.00 #2 Barley 180.00 180.00 150.00 150.00 150.00 Wheat...The holiday-shortened week showed west coast white wheat bids holding steady against weaker Chicago futures, strengthening nearby basis levels. Exporter bid structures show all three classes of wheat flat over the next 60 days, with white wheat bids for August new crop posted at a 10 cent premium to old crop. Shipments...Weekly export inspections showed an improved pace of wheat loadings off U.S. ports last week, coming in at nearly 15 million bushels. Year-to-date shipments stand at 439 million bushels which is 27% ahead of a year ago. White wheat was the top mover with 6.3 million bushels, hard red spring registered 5.3 million bushels and hard red winter saw only 1.8 million bushels shipped. West coast exporters loaded 10.9 million bushels of wheat, going mostly to The Philippines and Indonesia, along with nearly 14 million bushels of corn and 10 million bushels of soybeans. - Norm Ruhoff Contributing Analyst Copyright 2024 DTN/Telvent. All Rights Reserved.