Home
Grain Bids
USDA Reports
Fuel Department
Company Contacts
Links
Account Info
2018 Corn Rates
2018 Bean Rates
Hamlet directions
Brems directions
How to view your account
Contract options
Weather
Futures Markets
Quotes
Portfolio
Ag News
US Ag News
Grain

Starke County Coop


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

                                                       July 11, 2019
                                                                  
                                   Portland Price Trends
                 07-01-18    08-01-18    06-01-19    07-04-19   07-11-19
#1 SWW (bu)         6.00        6.05        6.20        6.05       6.15
White Club          6.00        6.05        6.20        6.05       6.15
DNS 14%             6.52        7.08        6.43        6.20       6.21
HRW 11.5%           5.86        6.89        6.22        5.59       5.75
#2 Corn (ton)     157.00      160.00      182.00      190.00     192.00
#2 Barley         150.00      140.00      140.00      140.00     140.00

   Wheat..A stronger futures complex coming out of the USDA report moved
Portland cash prices higher this morning, helping bids recover and post
week-to-week gains.  White wheat basis has firmed while basis on protein
wheats holds mostly steady.
   Weekly Sales...Overall US wheat export sales of 10.4 mb were near the
10 mb mark for the second straigh week.  Year-to-date sales now stand at
276 mb which is 23% ahead of a year ago.  Hard red winter was top seller
with 4.7 mb and stands 97% ahead of a year ago. Soft white registered 2.5 
mb for the week and with 50 mb sold sets 21% behind a year ago.
   Crop Report...A projected improvement in domestic and export demand is
expected to tighten-up the US wheat balance sheet this year, pulling the
stocks-use ration below 50% for the first time since 2014.  Most notable
among the individual classes of wheat is hard red winter, forecasted to
see a 20% drop in stocks-use to 48%.  Soft white stocks-use is expected
to decline 9% to 23%, the lowest since 2013, while hard red spring looks
to see a 13% increase to an modern-day high stocks-use of 59%.


                                    -Norm Ruhoff  Contributing Analyst

               Copyright  2019 DTN/Telvent.  All Rights Reserved.





For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN