Portland Grain Review 02/13

February 13, 2025 Portland Price Trends 01-01-24 08-01-24 01-01-25 02-06-25 02-13-25 #1 SWW (bus) 6.65 5.65 5.90 6.10 6.20 White Club 7.15 5.65 6.05 6.25 6.35 DNS 14% 8.03 6.58 6.71 7.03 6.89 HRW 11.5% 6.97 6.04 6.33 6.62 6.45 #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 white wheat prices were the sole gainer on a week-to- week basis, moving modestly higher as spreads to Chicago futures firmed in late week trade. Recent export demand remains supportive to white wheat, with USDA reporting another solid week of sales. New crop August bids held at a 10 cent premium to old crop, posted today at $6.30. Weekly Sales...USDA reported yet another relatively good week of export demand for U.S. wheat, with sales of 20.9 million bushels that sets at the top of the marketing year range and the best level since June. Year-to-date sales of 704 million bushels now sets 11% better than a year ago and right on track with the five-year average pace. Hard red spring wheat was the top seller with nearly 7 million bushels and with 226 million in commitments is running 8% ahead of both a year ago and the average pace. Hard red winter sales also picked up for the second stright week with 5.8 million bushels to put sales 50% ahead of a year ago but 25% below average. White wheat also had a good week with 5.5 million bushels and with 192 million bushels in the books, set 47% ahead of a year ago and 24% above average. Mexico was the top buyer with 4.7 million bushels, followed by South Korea with 3.1 million and The Philippines with 1.8 million bushels. - Norm Ruhoff Contributing Analyst Copyright 2025 DTN/Telvent. All Rights Reserved.