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                                                       November 7, 2019
                                                                  
                                   Portland Price Trends
                 11-01-18    01-01-19    10-01-19    10-31-19   11-07-19
#1 SWW (bu)         6.22        6.15        5.90        6.00       6.00
White Club          6.22        6.15        5.90        7.50       7.70
DNS 14%             6.92        6.59        6.58        6.99       6.94
HRW 11.5%           6.51        6.39        5.61        5.90       5.96
#2 Corn (ton)     159.00      168.00      173.00      177.00     175.00
#2 Barley         140.00      140.00      150.00      135.00     135.00

   Wheat...West coast wheat prices drifted a bit lower week-to-week in
in tandem with the futures complex.  White wheat continues to tread at
the $6 mark and premiums have been building on club wheat; closing the
week at $1.70 over soft white.
   Shipments...Weekly export sales showed U.S. wheat sales came in 27%
below the prior week and below the four-week average at 13.2 mb. Total
commitments stand at 549 mb, which is 9% ahead of a year ago but down
2% from the five-year average pace.  Top seller for the week was hard
red wpring wheat with 4.4 mb to put sales at 151 mb; down 7% from last
year and 12% behind average.  Hard red winter registered 3.3 mb to put
sales at 201 mb, which stands 39% ahead of a year ago and 6% above the
five-year average.  Soft white booked 2.4 mb and with 105 mb in sales,
sets 14% below a year ago and 5% below average.
   Top Buyers...The Philippines was top buyer for the week with 2.2 mb,
followed by Thailand with 1.6 mb.  Both Unknown and Mexico came in with
1.5 mb and Taiwan booked 1.4 mb.
                                    -Norm Ruhoff  Contributing Analyst

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