Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 

                                                       June 22, 2017
                                                                  
                                   Portland Price Trends
                 06-01-16    08-01-16    05-01-17    06-15-17    06-22-17
#1 SWW (bu)         5.35        4.95        4.87        5.00        5.05
White Club          5.35        4.95        5.02        5.10        5.15
DNS 14%             6.29        6.03        6.88        7.59        7.76
HRW 11.5%           5.41        5.10        5.36        5.58        5.60
#2 Corn (ton)     179.00      158.00      161.00      159.00      152.00
#2 Barley         145.00      135.00      125.00      127.00      127.00

   Wheat...West coast wheat markets saw multi-year highs registered in
hard red spring wheat this week, with white wheat also hitting a fresh
annual high above $5.  Grower selling was noted in white wheat markets,
especially for new crop positions.  Japan continued to book additional
coverage, buying nearly 5 mb of wheat.
   Weekly Sales...USDA reported a rebound in U.S. wheat sales over the
past week, coming in at nearly 20 mb to put total sales at 27 mb which
stands 8% ahead of a year ago.  Top seller for the week was red spring
wheat with 6.9 mb, followed by hard red winter at 5.8 mb.  White wheat
also had a good week with 4.1 mb in demand.
   Top Buyers...Japan took top buying honors for the week, covering a
total of 7.2 mb across all classes of wheat.  Taiwan booked 3.5 mb and
the Philippines secured nearly 3 mb.  Rounding out the top five buyers
were Algeria with 2.2 mb and Thailand with 1.6 mb. 

                                    -Norm Ruhoff  Contributing Analyst

               Copyright  2017 DTN/Telvent.  All Rights Reserved.





No other Daily email offers as much useful Ag information as DTN Snapshot – Sign up Free today!
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN