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Portland Grain Review 12/03

3 Dec 2024
December 3, 2024 Portland Price Trends 12-01-23 01-01-24 11-01-24 11-26-24 12-03-24 #1 SWW (bus) 6.80 6.65 6.00 6.00 6.00 White Club 7.30 7.15 6.15 6.15 6.15 DNS 14% 8.12 8.03 6.75 6.75 6.68 HRW 11.5% 7.02 6.97 6.42 6.32 6.20 #2 Corn (ton) 228.00 232.00 209.00 213.00 212.00 #2 Barley 180.00 180.00 150.00 150.00 150.00 Wheat...West coast white wheat prices held ground against fresh lows in Chicago futures on Tuesday, with basis strengthening 15 cents from a week ago. Cash bids for both hard red winter and dark northern spring were more reflective of lower futures, as prices approached the low end of the range for the marketing year. New crop August white wheat is actually bid at a premium to old crop, as basis has strengthened nearly 40 cents since early October. New crop hard red winter and dark northern spring bids are posted nearly at par with their respective old crop bids. Shipments...Weekly export inspections showed wheat movement took a back seat to corn and bean loadings over the past week, coming in 10.8 mbus to put year-to-date shipments at 403 mbus, which stands 32% ahead of last year at this time. Shipments were fairly evenly split between the three classes of wheat. West coast activity showed 4.8 mbus of wheat loaded, mostly for The Philippines, along with 10 mbus of corn and 17.4 mbus of soybeans. -Norm Ruhoff Contributing Analyst Copyright 2024 DTN/Telvent. All Rights Reserved.
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DTN Announces December Ag Summit

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OMAHA (DTN) -- As a new administration prepares to take office, farmers are preparing for the next growing season. The annual DTN Ag Summit offers insight into what to expect. Scheduled for Dec. 5-6, the event offers a two-day deep dive into the policies and practicalities that accompany running a farming or ranching business. The capstone of our q...

DTN Midday Livestock Comments 11/26 11:48

26 Nov 2024
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DTN Midday Grain Comments 11/26 10:52

26 Nov 2024
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26 Nov 2024
OMAHA (DTN) -- Agricultural commodity prices slipped slightly Tuesday in morning trade following President-elect Donald Trump's vow to impose 25% import tariffs on Canada and Mexico, and a 10% tariff on products from China. The currencies for all three countries took a slight dip on Tuesday. Agricultural commodities didn't respond quickly, but by m...
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