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October 9, 2026
Portland Price Trends
10-01-25 08-01-25 09-01-26 10-01-26 10-09-26
#1 SWW (bus) 5.80 6.15 6.95 6.60 6.60
White Club 6.15 6.30 7.45 7.10 7.10
DNS 14% 6.27 6.41 8.07 7.35 7.56
HRW 11.5% 5.65 5.88 8.65 7.71 7.75
#2 Corn (ton) 196.00 190.00 251.00 241.00 238.00
#2 Barley 160.00 170.00 170.00 170.00 170.00
Wheat...Larger than expected supply numbers from USDA initially pulled
the rug out from the grain complex on Friday, but a mid-session recovery
brought west coast cash bids back in-line with Thursday's closing prices.
White wheat continues to fare better than the protein wheat markets, as
steady export demand shows U.S. white wheat is remaining competitive near
current price levels.
Weekly Sales...The retreat in U.S. wheat prices finally triggered some
buying interest last week, as USDA reported the best export demand in four
months. Sales of 16.6 million bushels puts commitments at 371 million which
sets 32% below a year ago and 14% below the five-year average pace. Hard
red spring booked 6.96 million bushels and with 109 million in commitments,
sets 18% below a year ago and 14% below average. White wheat recorded yet
another good week of sales with 5.3 million bushels, and with 116 million
in commitments sets 1% ahead of a year ago and 23% above average. Hard red
winter booked 3.2 million bushels and with 80 million in commitments, sets
63% below a year ago and 38% below average.
Wheat Buyers...The Philippines was the top U.S. wheat buyer last week
with 4.1 million bushels, followed by South Korea with 3.6 million, Japan
at 2.3 million, Bangladesh with 2.2 million and Mexico at 1.3 million.
- Norm Ruhoff Contributing Analyst
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