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November 13, 2026
Portland Price Trends
11-01-25 08-01-26 10-01-26 11-06-26 11-13-26
#1 SWW (bus) 5.90 6.15 6.60 6.20 6.20
White Club 6.25 6.30 7.10 6.70 6.70
DNS 14% 6.29 6.41 7.32 6.85 7.01
HRW 11.5% 5.90 5.88 7.72 6.83 6.83
#2 Corn (ton) 204.00 190.00 241.00 214.00 215.00
#2 Barley 160.00 170.00 170.00 170.00 170.00
Wheat...A setback in export demand kept west coast cash wheat prices
mostly in-check this week, with the exception of higher dark northern
spring wheat bids. White wheat saw the nearby basis hold steady to last
Friday with the bid structure flattening into January. Pacific Northwest
weather is expected to turn colder and wetter into next week after being
unseasonably warm and dry this week.
Weekly Sales...After two straight weeks of solid export demand USDA
reported an about-face in sales last week, coming in at a marketing year
low of just 6 million bushels. Total commitments of 449 million bushels
set 29% below a year ago and 11% below the five-year average pace. Hard
red spring was the top seller with 2.5 million bushels, putting sales at
138 million which is 12% below a year ago and 7% below average. Hard red
winter booked 1.6 million bushels and with 92 million in commitments is
running 61% below a year ago and 39% below average. White wheat secured
1.4 million bushels in new sales and with 141 million in commitments is
running 1% better than a year ago and 24% above average.
White Wheat Buyers...White wheat remains the only class of U.S. wheat
with export commitments running ahead of both last year and average. The
list of buyers with increased purchases this year includes Vietnam, The
Philippines, Sri Lanka and Thailand with notable decreases for Indonesia
and South Korea.
- Norm Ruhoff Contributing Analyst
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