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October 1, 2026
Portland Price Trends
10-01-25 08-01-25 09-01-26 09-24-26 10-01-26
#1 SWW (bus) 5.80 6.15 6.95 6.65 6.60
White Club 6.15 6.30 7.45 7.15 7.10
DNS 14% 6.27 6.41 8.07 7.50 7.32
HRW 11.5% 5.65 5.88 8.65 7.97 7.72
#2 Corn (ton) 196.00 190.00 251.00 245.00 242.00
#2 Barley 160.00 170.00 170.00 170.00 170.00
Wheat...West coast cash wheat markets this week showed that white
wheat was once again the stalwart of the group, holding to a range of
5 cents against gyrations in Chicago futures. Spot basis has narrowed
to 23 cents under Chicago December and recent export demand has put a
nickel carry per month into the bid structure, which extends to March.
Weekly Sales...USDA reported that aside from another good week of
sales for white wheat, overall export demand came in just above the 4-
week average at 10.6 million bushels. This puts wheat commitments at
355 million bushels, which is 31% below a year ago and 15% under the
5-year average pace. White wheat secured another 4.8 million bushels
in sales and with 111 million in commitments, sets 11% ahead of a year
ago and 25% above average. Hard red spring booked 2.6 million bushels
and with 102 million in commitments, is 20% below a year ago and 16%
below average. Hard red winter recorded only 260,000 bushels in net
sales, putting commitments at 77 million bushels, which is 62% below
a year ago and 39% below the average pace.
White Wheat Buyers...Recent export demand has put white wheat sales
at 111 million bushels, slightly more than half of the revised USDA
forecast. Sales over the past week were scattered to the Philippines,
Guatemala, Indonesia, Vietnam and Japan.
- Norm Ruhoff Contributing Analyst
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