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November 10, 2026
Portland Price Trends
11-01-25 08-01-25 10-01-26 11-03-26 11-10-26
#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 6.91 6.95
HRW 11.5% 5.90 5.88 7.72 6.89 6.86
#2 Corn (ton) 204.00 190.00 241.00 217.00 214.00
#2 Barley 160.00 170.00 170.00 170.00 170.00
Wheat...USDA monthly updates once again acknowledged the solid pace of
white wheat sales, raising the export forecast another 10 million bushels
to 235 million, which would be the best since the 2020/21 marketing year.
Conversely, the hard red winter wheat export forecast was lowered to the
second lowest level on record.
Shipments...Weekly export inspections showed an improved pace of wheat
movement off U.S. ports last week, but the emphasis was once again on the
soybean liftings. Wheat shipments came in at 9.1 million bushels to place
year-to-date loadings at 287 million bushels and 36% behind a year ago.
White wheat accounted for nearly half of the overall total. Activity on
the west coast showed 4.6 million bushels of wheat shipped, 6.2 million
bushels of corn and 27.5 million bushels of soybeans.
Crop Progress...USDA winter wheat ratings showed a modest week to week
improvement for the Pacific Northwest crop, coming primarily on improved
conditions for Washington. Idaho good to excellent gained a point to 77%,
Oregon was also up 1 point to 47%, and Washington reported a 6 point gain
to 31% good to excellent.
- Norm Ruhoff Contributing Analyst
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