April 10, 2026
                                                                  
                                   Portland Price Trends
                 04-01-25    08-01-25    03-01-26    04-03-26   04-10-26
#1 SWW (bus)        6.15        6.15        6.05        6.20       6.10
White Club          6.30        6.30        6.40        6.55       6.45
DNS 14%             6.56        6.41        6.90        7.17       6.84
HRW 11.5%           6.02        5.88        6.35        6.66       6.49         
      
#2 Corn (ton)     212.00      190.00      208.00      206.00     202.00
#2 Barley         170.00      170.00      160.00      160.00     160.00
 
   Wheat...The sharp retreat across the futures complex this week weighed
on west coast cash wheat bids, especially for the hard red winter and red
spring wheat markets. White wheat saw basis strengthen nearly 20 cents to
offset some of the decline in Chicago. Pacific Northwest weather remains
nearly ideal for promoting winter wheat development.
   Weekly Sales...USDA revealed yet another week of relatively soft export
demand for U.S. wheat, coming in under 10 million bushels for both old and
new crop positions. Old crop sales of 6 million bushels puts commitments at
892 million, which is 14% ahead of a year ago and 18% ahead of the five-year
average pace. Hard red spring booked 2.5 million bushels, hard red winter
1.6 million and white wheat 1.4 million. Sales for the next marketing year
came in at 3.3 million bushels, putting commitments at 44 million bushels.
   
                                  - Norm Ruhoff  Contributing Analyst

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