Portland Grain Review 02/04

February 4, 2025 Portland Price Trends 01-01-24 08-01-24 01-01-25 01-28-25 02-04-25 #1 SWW (bus) 6.65 5.65 5.90 5.95 6.05 White Club 7.15 5.65 6.05 6.10 6.20 DNS 14% 8.03 6.58 6.71 6.73 6.88 HRW 11.5% 6.97 6.04 6.33 6.36 6.52 #2 Corn (ton) 232.00 199.00 224.00 227.00 228.00 #2 Barley 180.00 150.00 150.00 150.00 150.00 Wheat...West coast wheat prices held near the high end of recent ranges in early-week trade, reflecting the general uptrend across the wheat futures complex. White wheat bids continued their trek mostly sideways, hovering within a dime of the $6 mark; a price level which has been attracting steady export interest. Shipments...Weekly export inspections showed wheat movement off of U.S. ports came in about half the prior week's level at 9.3 million bushels. This put year-to-date shipments at 515 million bushels, which is 24% ahead of the same period a year ago. Hard red spring wheat was the top shipper with 3.1 million bushels, followed by soft white with 2.6 million and hard red winter with 1.9 million. West coast exporters moved 4.8 million bushels of wheat, going mostly to The Philippines, along with 15.7 million bushels of corn and 6.5 million bushels of soybeans. - Norm Ruhoff Contributing Analyst Copyright 2025 DTN/Telvent. All Rights Reserved.