Portland Grain Review 01/28
28 Jan 2025
January 28, 2025 Portland Price Trends 01-01-24 08-01-24 12-01-24 01-21-24 01-28-25 #1 SWW (bus) 6.65 5.65 5.95 5.95 5.95 White Club 7.15 5.65 6.10 6.10 6.10 DNS 14% 8.03 6.58 6.67 6.73 6.68 HRW 11.5% 6.97 6.04 6.16 6.43 6.35 #2 Corn (ton) 232.00 199.00 212.00 230.00 226.00 #2 Barley 180.00 150.00 150.00 150.00 150.00 Wheat...West coast wheat markets saw a bit of drift in early-week trade, moving lower with the setback in futures before recovering some ground on Tuesday. White wheat bids continue to hover within a dime of the $6 mark for old crop, with new crop August 2025 bid at a 15 cent premium. Export bids on the protein wheats are flat through the end of March. Shipments...Weekly export inspections showed a marked increase in U.S. wheat export movement last week, coming in at nearly 18 million bushels to put shipments 25% ahead of a year ago. Hard red winter and white wheat were the top movers with 3.9 million bushels each, followed by hard red spring with 3.1 million bushels. West coast exporters loaded 14.6 million bushels of wheat, going mostly to Japan and South Korea, along with 14.6 million of corn and 5 million bushels of soybeans. - Norm Ruhoff Contributing Analyst Copyright 2025 DTN/Telvent. All Rights Reserved.