Grain Market News 

LIVESTOCK & GRAIN MARKET NEWS BRANCH PACIFIC 

 LIVESTOCK DIVISION NORTHWEST 

 U.S. DEPARTMENT OF AGRICULTURE 

 1220 S.W. THIRD AVE., ROOM 1772 WEEKLY 

 PORTLAND, OREGON 97204 EDITION 

 Telephone Fax November 12, 2004 

 (503) 326-2237 (503) 326-5140 Volume 88 No. 46 

This Report is Available on the World Wide Web at http://www.ams.usda.gov/lsmnpubs/PDF_weekly/pnwgrain.pdf 

Recorded grain reports available 24 hours a day (503) 326-2022 or 326-4182 

Grains: Cash closing bids, to arrive Northwest Coast, as of November 10, 2004. 

GRAINS: Cash Grain Bids _______

 This Week Last Week Last Year Average 

WHEAT: November delivery, exporter bids in dollars per bushel Oct 2004

US 1 Soft White 3.93-3.97 3.88-3.90 3.86-3.88 4/ 3.94 

US 1 White Club 3.96-4.00 3.88-3.93 3.88-3.89 4/ 3.96 

US 1 Hard Red Winter 

 Ordinary Protein 4.27-4.37 4.20-4.32 4.28-4.42 4.12 

 11% Protein 4.34-4.46 4.31-4.38 4.38-4.47 4.20 

 11.5% Protein 4.41-4.52 4.38-4.45 4.48-4.51 4.26 

 12% Protein 4.42-4.52 4.39-4.45 4.48-4.51 4.26 

 13% Protein 4.45-4.57 4.42-4.50 4.48-4.57 4.32 

 13% Protein Montana Origin 

 Milling Quality 4.47-4.57 4.46-4.47 4.53-4.60 * NA 

US 1 Dark Northern Spring 

 13% Protein 4.49-4.57 4.42-4.54 4.78-4.86 4.22 

 14% Protein 5.17-5.24 5.10-5.15 4.86-4.90 4.86 

 15% Protein 5.57-5.79 5.58-5.77 4.90-4.92 5.40 

FEED GRAINS: November delivery in dollars per short ton

US 2 Barley 

 Unit Trains & Barges 90.00-94.00 89.00-90.00 115.00-116.00 83.75 

 Single Rail Cars-Domestic 1/ NA NA NA NA 

 Inland Feeding Area 2/ 86.00-92.00 82.00-89.00 111.00-121.00 81.75 

US 1 White Wheat, Export 131.00-132.25 129.25-130.00 128.75-129.25 131.25 

US 2 Yellow Corn 3/ NA NA 114.00-122.75 NA 

US 2 Yellow Corn 102.25-109.75 102.00-109.50 112.25-117.75 109.25 

US 2 Heavy White Oats 120.00 * 120.00 * 130.00 * 120.00 

1/ Full coast, 48 pound test weight or better, any origin. 2/ Rail and truck delivered to Yakima, WA and Hermiston, OR. 3/ Rail and 

 truck delivered to the Willamette Valley. 4/ First half November delivery. * Not well tested. 

GRAINS: Closing cash prices, delivered selected markets, as of November 10, 2004. 

 DOLLARS DOLLARS 

 MARKET WHEAT PER BUSHEL FEED GRAINS PER BUSHEL 

Great Falls US 1 Hard Red Winter 11% 3.32 1/ US 1 Barley Malting 110.00 

Great Falls US 1 Dark Northern Spring 14% 4.14 1/ US 2 Barley 63.00 1/ 

Ogden US 1 Hard Winter 11% 3.40 1/ US 2 Barley 81.50 1/ 

Minneapolis US 1 Dark Northern Spring 14% 4.94 3/ US 2 Barley 66.75 

Minneapolis US 1 Hard Amber Durum NA 4/ US 2 Oats Non-Milling 101.50 5/ 

Denver Area US 1 Hard Winter, Ordinary 3.51 US 2 Yellow Corn 72.75 1/ 

Chicago US 2 Soft Red Winter 2.75 1/ US 2 Yellow Corn 66.75 2/ 

Kansas City US 1 Hard Winter, Ordinary 3.51 US 2 Yellow Sorghum 63.50 1/ 

New Orleans US 2 Soft Red Winter 3.82 6/ US 1 Yellow Soybeans 193.25 6/ 

1/ Truck delivered. 2/ Processor bids. 3/ Milling quality. 4/ Choice milling quality. 5/ 20 days to arrive. 6/ Barge delivered.

WHEAT BIDS LOWER; BARLEY BIDS STEADY TO HIGHER

 Pacific Northwest Market Summary: Cash wheat bids for November Portland delivery ended the holidayshortened reporting week on Wednesday, November 10, moderately higher compared to last Thursday's bids. 

 March wheat futures ended the reporting week on Wednesday, November 10, mixed, but mostly higher as 

follows compared to last Thursday's March closes: Chicago 1/2 of a cent lower at $3.15-3/4, Kansas City 3-3/4 cents 

higher at $3.51-3/4, and Minneapolis hard red spring wheat futures 5-3/4 cents higher at $3.73-1/2. Chicago 

December corn futures closed 3/4 of a cent higher at $1.98-1/4 and November soybean futures closed 13-1/2 cents 

per bushel higher at $5.23. Wheat futures moved higher early in the reporting week following last week's moderate 

declines. Wheat futures were also supported on Monday by an announced tender by Iraq for 200,000 metric tons 

(MT) of United States wheat and by a drought-reduced wheat crop in Australia. A private Australian firm forecast the 

Australian wheat crop at 20.78 million MT, down more than three million from last year. The good-to-excellent 

condition of the U.S. winter wheat crop and an excellent wheat crop in Argentina limited advances. On Tuesday and 

Wednesday, wheat futures lost some of the early week gains in reaction to profit taking. Chicago corn futures 

received limited support from higher soybean futures, but this year's record U.S. corn crop continues to burden the 

market. Soybean futures declined to new contract lows last Friday in response to this year's large U.S. soybean 

crop. Soybean futures moved moderately higher today in reaction to reports of Asian soybean rust being found in 

both Brazil and in Louisiana. Grain futures trading was slow prior to the release the USDA Crop Production and 

Supply/Demand reports to be issued on Friday, November 12. 

 Bids for US 1 Soft White Wheat for November Portland delivery were five to seven cents per bushel higher 

than last Thursday's noon bids for November in response to moderate-to-good exporter demand for generally light 

farm offerings. Moderate new export sales also supported white wheat bids, while slightly lower Chicago wheat 

futures slightly tempered advances. Trading was slow. 
Page 2 - Weekly Grain Market News Volume 88 No. 46 11/12/04 

Pacific Northwest Market Summary (Continued) 

Bids for Pacific Northwest-grown 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery 

ranged from three to seven cents per bushel higher compared to last Thursday's bids. Higher Kansas City March 

wheat futures and moderate to good exporter demand supported cash bids in slow trading. Bids were for hard red 

winter wheat grown in Oregon, Washington, and Idaho. Some exporters were bidding premiums of five cents for 

guaranteed Montana origin hard red winter wheat. Forward month bids for 11.5 percent protein hard red winter 

wheat for December through March delivery were $4.41 to $4.47. 

 Bids for 14 percent protein US 1 Dark Northern Spring Wheat for November Portland delivery ended the 

holiday-shortened reporting week seven to nine cents per bushel higher compared to last Thursday's noon bids. 

Dark northern spring wheat bids were supported by moderately higher Minneapolis March hard red spring wheat 

futures and by light offerings which met moderate to good exporter demand. Most exporters were using a protein 

scale of 14 to 17, mostly 17 cents per 1/4 percent protein down from 14 to 12 percent protein, and 10 to 12 cents, 

mostly 12 cents per 1/4 percent protein up from 14 to 15 percent protein. On Wednesday, forward month bids were 

as follows: December $5.19 to $5.24; January $5.21 to $5.24; February $5.23 to $5.25; and March $5.25 to $5.26. 

Pacific Northwest Export News: There were 11 grain vessels in Columbia River ports on Wednesday, 

November 10, with six docked compared to 12 last Thursday with four docked. New confirmed export sales of grain 

made during the week were to Taiwan, South Korea, and Japan. Japan purchased the following wheat in MT for 

January 1-31 shipment: 20,000 of western white wheat, 8,000 of 13 percent protein hard red winter wheat, and 

37,000 of 14 percent protein dark northern spring wheat. Taiwan purchased the following wheat in MT for 

December 25-January 8 Pacific Northwest shipment: 5,720 of western white wheat, 12,880 of hard red winter wheat, 

and 24,400 of dark northern spring wheat. South Korea purchased the following wheat in MT for December 5-

January 5 shipment: 1,200 of 8.5 percent protein soft white wheat, 2,500 of 9.5 percent protein soft white wheat, 

5,000 of 10 percent protein soft white wheat, 2,500 of 10.5 percent protein soft white wheat, 4,400 of 11.5 percent 

protein hard red winter wheat, and 5,900 of 14 percent protein dark northern spring wheat. Taiwan purchased 

46,000 MT of yellow corn for either November 20-December 10 Pacific Northwest shipment or November 5-25 

shipment from the Gulf. Taiwan also purchased 56,000 MT of yellow soybeans for either last half December Pacific 

Northwest shipment or first half December shipment from the Gulf. 

Cash Soft White Wheat: Bids for US 1 Soft White Wheat for November Portland delivery ended the reporting 

shortened reporting week on Wednesday, November 10, in a range of $3.93 to $3.97, mostly $3.96, five to 

seven cents per bushel higher than week ago bids of $3.88 to $3.90, mostly $3.88. White club wheat premiums 

ranged from three to four cents, mostly three cents per bushel, over soft white wheat bids. One year ago, bids for 

US 1 Soft White Wheat for first half November Portland delivery were $3.86 to $3.88, mostly $3.86, and bids for last 

half November ranged from $3.86 to $3.88, mostly $3.88, with white club wheat premiums ranging from two to 

three cents, mostly two cents per bushel, over soft white wheat bids. Nearby bids for soft white wheat began the 

reporting week on Friday at the weekly low of mostly $3.91, then rose to mostly $3.93 on Monday, to mostly $3.94 on 

Tuesday, and to the weekly high of mostly $3.96 on Wednesday, the reporting week's close. Limited country selling 

during the week which met moderate to good exporter buying interest in order to meet export vessel commitments 

were supportive to bids, while light new export demand tempered advances. Trading was generally slow throughout 

the week. New export sales of white wheat made during the week were to Taiwan, Japan, and South Korea. On 

Wednesday, bids for soft white wheat for December delivery were $3.94 to $3.97, with bids for January through March 

delivery ranging from $3.95 to $3.97. 

 Outstanding white wheat export sales as of November 4, 2004, for the marketing year beginning June 1, 2004 

and ending May 31, 2005, were 915.0 thousand MT compared to 864.8 thousand as of October 28 and 

609.0 thousand one year ago. Outstanding export sales for the 2004-2005 marketing year were to the following 

countries in 1,000 MT: Egypt 273.6, Philippines 191.6, Japan 134.2, South Korea 107.1, Pakistan 92.0, Yemen 80.0, 

Taiwan 17.9, Thailand 17.0, Hong King 1.5, and Burma 0.1. Accumulated white wheat export shipments as of 

November 4, in 1,000 MT for the 2004-2005 marketing year, were 2,403.6 compared to 1,872.7 one year ago. 

 Outstanding U.S. barley export sales as of November 4, 2004, for the crop year beginning June 1, 2004 and 

ending May 31, 2005, were 10.7 thousand MT compared to 93.0 thousand as of October 28 and 296.5 thousand 

one year ago. Outstanding barley export sales for the 2004-2005 marketing year were limited to Japan at 

10.7 thousand. Accumulated barley export shipments as of November 4, in 1,000 MT for this marketing year, were 

129.7 compared to 181.0 one year ago. 

Coarse Feeding Grains: Bids for US 2 Barley delivered to the coast in unit trains or barges during November 

through February for export use ranged from $90.00 to $94.00, $1.00 to $4.00 per ton higher than last Thursday's 

noon bids of $89.00 to $90.00, mostly $89.00 per ton, for November through January delivery. Exporters raised their 

bids to encourage country selling in order to meet export vessel commitments. Some exporters were still not issuing 

barley bids, although most exporters were. Trading was slow. Bids for US 2 Barley delivered to the inland feeding 

areas of Hermiston, Oregon and Yakima, Washington during November ranged from $86.00 to $92.00 per ton, $3.00 

to $4.00 per ton higher than week ago bids of $82.00 to $89.00 per ton. Trading continued to be slow. Cash corn 

bids were all 25 cents per ton higher than week ago bids in reaction to fractionally higher Chicago December corn 

futures compared to last Thursday. Bids for US 2 Yellow Corn delivered to the full coast in single rail cars for 

domestic use ranged from $103.25 to $109.75 compared to week ago bids of $103.00 to $109.50. Bids for US 2 

Yellow Corn delivered to Portland in single rail cars ranged from $102.25 to $103.00 compared to week ago bids of 

$102.00 to $102.75. Bids for US 2 Yellow Corn rail delivered to the Yakima Valley ranged from $103.25 to $104.75 

compared to last Thursday's noon bids of $103.00 to $104.50. Bids for US 2 Yellow Corn truck delivered to the 

Yakima Valley were $97.50 to $102.50 compared to week ago bids of $97.25 to $102.25. Bids for US 2 Heavy White 

Oats for November delivery held steady with week ago bids of $120.00 in very slow trading. 
Page 3 - Weekly Grain Market News Volume 88 No. 46 11/12/04

 PACIFIC NORTHWEST WHEAT EXPORTS BY DESTINATION OCTOBER 2004 AND CUMULATIVE IN 1,000 BUSHELS

HAD HRS HRW HDWH SWH TOTALS

COUNTRY Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Jun 03

2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 Oct 03

Afghanistan 00000000000 00

Algeria 00000000000 00

Armenia 00000000000 00

Bangladesh 0 0 0 0 0 0 0 0 0 882 0 882 2095

Bolivia 00000000000 00

Chile 00000000000 00

China (Main) 0 0 4629 30836 0000 3165 12376 7794 43212 1690

Colombia 0 0 0 0 0 0 0 0 0 0 0 0 964

Ecuador 0 0 0 0 0 0 0 0 0 0 0 0 666

Egypt 00000000 6562 17262 6562 17262 19267

El Salvador 00000000000 00

Eritrea 0 0 0 0 0 0 0 0 601 2850 601 2850 0

Ethiopia 00000000000 00

Guatemala 00000000000 00

Hong Kong 00000000000 00

India 00000000000 00

Indonesia 0 0 0 364 0 364 0 0 0 2153 0 2881 3004

Iraq 00000000000 00

Japan 0 0 4741 20391 4163 18373 0 0 2498 11090 11402 49854 51808

Jordan 00000000000 00

Kenya 00000000000 00

Kuwait 00000000000 00

Lebanon 00000000000 00

Malaysia 0 0 0 686 0 0 0 0 0 0 0 686 2351

Mexico 00000000000 00

Mongolia 0 0 0 0 0 919 0 0 0 0 0 919 0

Morocco 00000000000 00

Mozambique 00000000000 00

New Guinea 00000000000 00

New Zealand 00000000000 00

North Korea 0 0 0 0 0 0 0 0 882 882 882 882 0

Pakistan 00000000 5536 10480 5536 10480 0

Peru 0 0 0 0 0 896 0 0 0 0 0 896 0

Philippines 0 0 1890 11824 0 382 0 0 1018 11915 2908 24121 20124

Rep. So. Africa 00000000000 00

Russia 00000000000 00

Singapore 0 0 0 0 0 0 0 0 0 460 0 460 1062

Somalia 00000000000 00

South Korea 0 0 838 5343 725 4670 0 0 1698 9620 3261 19633 21460

Sri Lanka 00000000000 00

Sudan 00000000000 00

Taiwan 0 83 1531 7354 926 3753 0 0 423 1211 2880 12401 14382

Tanzania 00000000000 00

Thailand 0 0 0 3559 0 1754 0 238 0 2476 0 8027 7603

Tunisia 00000000000 00

Turkey 00000000000 00

Un.ArabEmirates 0 0 0 0 0 0 0 0 0 0 0 0 395

Uzbekistan 00000000000 00

Venezuela 00000000000 00

Vietnam 0 0 0 0 0 362 0 0 0 364 0 726 0

Yemen 00000000 3002 10005 3002 10005 8518

Zimbabwe 00000000000 00

 TOTALS 0 83 13629 80357 5814 31473 0 238 25385 94026 44828 206177 155389 1/

1/ Included 70 Hard Amber Durum Wheat, 55652 Hard Red Spring Wheat, 30150 Hard Red Winter Wheat, 253 Hard White Wheat,

 and 69264 Soft White Wheat. 

CORRECTIONS: For August 2004, subtract 460 Soft White Wheat from China (Main); add 460 Soft White Wheat to Singapore.

 For August 2004, subtract 364 Soft White Wheat from Thailand; add 364 Soft White Wheat to Vietnam.

 For August 2004, subtract 362 Hard Red Winter Wheat from Thailand; add 362 Hard Red Winter Wheat to Vietnam.

 WHEAT INSPECTED FOR EXPORT BY CLASS FROM PNW PORTS OCTOBER 2004 AND CUMULATIVE IN 1,000 BUSHELS

HAD HRS HRW HDWH SWH TOTALS

PORT Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Jun 03

2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 Oct 03

COLUMBIA RIVER

 Portland 0 83 8682 33211 2585 12246 0 0 16203 58281 27470 103821 79964

 Other 0 0 4947 47146 3229 19227 0 238 9182 35517 17358 102128 75425

PUGET SOUND 0 0 0 0 0 0 0 0 0 228 0 228 0

 TOTALS 0 83 13629 80357 5814 31473 0 238 25385 94026 44828 206177 155389

04-05p3
Page 3A - Weekly Grain Market News Volume 88 No. 46 11/12/04

 CALIFORNIA WHEAT EXPORTS BY DESTINATION OCTOBER 2004 AND CUMULATIVE IN 1,000 BUSHELS

HAD HRS HRW SWH TOTALS

COUNTRY Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Jun 03

2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 Oct 03

Algeria 0000 0000000

Bangladesh 0000 000000 1102

Bolivia 0000 0000000

Brazil 0000 0000000

Chile 0000 0000000

China 0000 0000000

Djibouti 0000 0000000

Ecuador 0000 0000000

Ethiopia 0000 0000000

India 0000 0000000

Indonesia 0000 0000000

Iraq 0000 0000000

Italy 0000 0000000

Kenya 0000 0000000

Mexico 0000 0000000

Mongolia 0 0 0 0 0 919 0 0 0 919 0

Morocco 0000 0000000

North Korea 0 0 0 0 0 919 0 0 0 919 0

Peru 0000 0000000

Russia 0000 0000000

Sri Lanka 0000 0000000

Sudan 0 0 0 0 0 826 0 0 0 826 0

Yemen 0000 0000000

 TOTALS 0000 0 2664 0 0 0 2664 1102 1/

1/ Hard Red Winter Wheat.

ADDITION: For September 2004, add 919 Hard Red Winter Wheat to North Korea.

 PACIFIC NORTHWEST BARLEY EXPORTS BY DESTINATION OCTOBER 2004 AND CUMULATIVE IN 1,000 BUSHELS

 NO. 2 45 LB. TWO ROWED MALTING TOTALS

COUNTRY Oct Jun 04 Oct Jun 04 Oct Jun 04 Oct Jun 04 Jun 03

2004 Oct 04 2004 Oct 04 2004 Oct 04 2004 Oct 04 Oct 03

Algeria 0 0 0 0 0 0 0 0 0

Cyprus 0 0 0 0 0 0 0 0 0

Israel 0 0 0 0 0 0 0 0 0

Japan 2671 4559 0 0 0 0 2671 4559 6795

Jordan 0 0 0 0 0 0 0 0 0

Morocco 0 0 0 0 0 0 0 0 0

Rep. So. Africa 0 0 0 0 0 0 0 0 0

Russia 0 0 0 0 0 0 0 0 0

Saudi Arabia 0 0 0 0 0 0 0 0 0

Taiwan 0 0 0 0 0 0 0 0 0

 TOTALS 2671 4559 0 0 0 0 2671 4559 6795

 OCTOBER 2004 AND CUMULATIVE IN 1,000 BUSHELS

CORN GRAIN SORGHUM SOYBEANS

COUNTRY Oct Sep 04 Sep 03 Oct Sep 04 Sep 03 Oct Sep 04 Sep 03

2004 Oct 04 Oct 03 2004 Oct 04 Oct 03 2004 Oct 04 Oct 03

Australia 0 0 0 0 0 0 0 0 0

Burundi 0 0 0 0 0 0 0 0 0

China (Main) 0 0 0 0 0 0 33510 33510 20910

Fiji 0 0 0 0 0 0 0 0 0

Germany 0 0 0 0 0 0 0 0 0

Indonesia 0 0 0 0 0 0 6290 6290 4808

Japan 6829 21115 6290 300 988 346 1775 1775 0

Kenya 0 0 0 0 0 0 0 0 0

Malaysia 0 0 0 0 0 0 0 0 0

New Guinea 0 0 0 0 0 0 0 0 0

New Zealand 0 0 0 0 0 0 0 0 0

North Korea 0 0 0 0 0 0 0 0 0

Pakistan 0 0 0 0 0 0 0 0 0

Philippines 0 0 0 0 0 0 647 647 826

Russia 0 0 0 0 0 0 0 0 0

Singapore 0 0 0 0 0 0 0 0 0

Somalia 0 0 0 0 0 0 0 0 0

South Korea 0 2170 1506 0 0 0 0 0 0

Taiwan 1671 8949 27871 0 0 0 2879 2879 10350

Thailand 0 0 0 0 0 0 2351 2351 4413

Vietnam 0 0 0 0 0 0 0 0 0

 TOTALS 8500 32234 35667 300 988 346 47452 47452 41307

Export information furnished by Federal Grain Inspection Service

Assembly and calculations by Martha Hansen, M. Fleming

04-05p3a

PACIFIC NORTHWEST CORN, SORGHUM, AND SOYBEAN EXPORTS BY DESTINATION
Page 4 - Weekly Grain Market News Volume 88 No. 46 11/12/04 

WHEAT: Cash closing bids for wheat delivered to the Pacific Northwest in dollars per bushel for nearby delivery. 

 US 1 HARD RED US 1 HARD RED US 1 HARD RED US 1 DARK NORTHERN 

 US 1 SOFT WINTER WHEAT WINTER WHEAT WINTER WHEAT SPRING WHEAT 

DATE: WHITE WHEAT ORD. PROTEIN 11.5% PROTEIN 13% PROTEIN 14% PROTEIN 

 Week Ago Week Ago Week Ago Week Ago Week Ago 

Friday 1/ 3.07 3.17 4/ 3.50 3.47 3.50 3.47 3.50 3.47 5/ 3.69 3.67 

November 5 2/ - - .79 .75 .95 .92 1.00 1.00 1.45 1.38 

 3/ 3.91 3.92 4.29 4.22 4.45 4.39 4.50 4.47 5.14 5.05 

Monday 3.09 3.06 3.60 3.39 3.60 3.39 3.60 3.39 3.72 3.61 

November 8 - - .82 .76 .95 .92 1.00 .95 1.50 1.40 

 3.93 3.86 4.42 4.15 4.55 4.31 4.60 4.34 5.22 5.01 

Tuesday 6/ 3.18 3.02 6/ 3.55 3.41 6/ 3.55 3.41 6/ 3.55 3.41 6/ 3.73 3.60 

November 9 - - .82 .77 .95 .92 1.00 .98 1.45 1.41 

 3.94 3.86 4.37 4.18 4.50 4.33 4.55 4.39 5.18 5.01 

Wednesday 3.16 3.00 3.52 3.40 3.52 3.40 3.52 3.40 3.74 3.60 

November 10 - - .82 .79 .95 .95 1.00 1.00 1.45 1.42 

 3.96 3.87 4.34 4.19 4.47 4.35 4.52 4.40 5.19 5.02 

Thursday 3.14 3.03 3.49 3.45 3.49 3.45 3.49 3.45 3.73 3.65 

November 11 - - .77 .79 .95 .95 1.00 1.00 1.45 1.47 

 3.95 3.88 4.26 4.24 4.44 4.40 4.49 4.45 5.18 5.12 

1/ Closing Chicago DECEMBER wheat futures. 2/ Basis. 3/ Closing cash bids. 4/ Closing Kansas City DECEMBER wheat futures. 

5/ Closing Minneapolis DECEMBER Hard Red Spring Wheat futures. 6/ Changed to MARCH wheat futures. 

PACIFIC NORTHWEST TERMINAL GRAIN STOCKS WEEK ENDED NOVEMBER 5, 2004

 (In 1,000 Bushels) Percent of Total Export

 Wheat Corn Soybeans Sorghum Barley Terminal Capacity Filled

THIS YEAR 7,940 1,349 2,745 NA 344 47 

LAST YEAR 8,490 1,563 3,504 NA 870 45 

WEEKLY BARGE SHIPMENTS: Wheat and barley in 1,000 bushels, with comparison-crop year June-May (weight at time of unloading).1/ 

 WHEAT BARLEY 

 This Week Current Year Ago This Week Current Year Ago 

Week Ended Week Year Ago Total Total Week Year Ago Total Total 

October 31 5,128 3,539 75,690 66,067 1,224 85 4,375 3,818 

November 7 5,135 3,371 80,825 69,438 538 299 4,913 4,117 

1/ Includes only grain inspected by the Federal Grain Inspection Service and the Washington State Department of Agriculture. 

NATIONAL AGRICULTURAL SUMMARY November 1-7, 2004 USDA Released 11/09/04

Highlights: Heavy rainfall prevailed across the Mississippi Delta and surrounding areas, hampering harvest. 

Though precipitation totals were lower in the central Corn Belt and Ohio Valley, fieldwork was similarly limited, with just 

2 days suitable for fieldwork in many areas. Warm, dry conditions along the southern Atlantic Coast were favorable for 

cotton and peanut harvesting. Conditions were mostly dry across the northern and central Great Plains, with only light, 

scattered precipitation. Precipitation in the southern Great Plains included up to 9 inches of snow in parts of the Texas 

Panhandle. Light precipitation fell across the northern and central Rocky Mountains and interior areas of the 

Pacific Northwest, while coastal areas received moderate rainfall. Temperatures were above normal from the Missouri and 

Mississippi Valleys to the Atlantic Coast, while below-normal temperatures prevailed across the southern Great Plains, 

Rocky Mountains, Pacific Northwest, and Southwest. 

Corn: Harvest advanced to 76 percent complete, 13 percentage points behind last year and the 5-year average. 

Nearly all States were behind their normal harvest paces, except North Carolina and Tennessee, where producers had 

completed harvesting their crop ahead of average. Despite reaping 18 percent of their crop during the week, North Dakota 

growers were nearly 60 points behind normal. Harvest progress trailed the normal pace by over 2 weeks in Colorado, 

Minnesota, and South Dakota. 

Winter Wheat: Growers had planted 91 percent of their acreage, compared with 95 percent last year and 

92 percent for the average. Emergence reached 83 percent complete, the same as last year but 2 points ahead of normal. 

Planting was completed during the week in Idaho, Nebraska, and Washington. Middle Mississippi Valley producers, 

hampered by wet conditions, trailed the normal pace by 32 points in Arkansas, 11 points in Illinois, and 31 points in 

Missouri. Meanwhile, emergence advanced steadily in the Corn Belt under warm, moist conditions. In the Great Plains, 

however, progress slowed in the north as emergence neared completion and was limited by cool weather in the south. 

Soybeans: Harvest was 87 percent complete, 7 points behind last year and the 5-year average. With precipitation 

limiting fieldwork for a second consecutive week, progress was slow nationwide, averaging 3 points, and was limited to a 

maximum of 7 points in Ohio. Nationally, the harvest pace was over 1 week behind normal, nearly 2 weeks behind in 

Missouri, North Carolina, and Wisconsin and nearly 3 weeks behind in North Dakota. Harvest progress only exceeded the 

normal pace in the Delta and South Dakota. 

Sorghum: Maturation advanced to 95 percent complete, 2 points ahead of last year but 3 points behind normal. 

Harvest, at 71 percent complete, was 6 points behind last year and 16 points behind the 5-year average. Although over 

one-fifth of New Mexico's crop reached maturity during the week, the crop was over 3 weeks behind normal, as was 

Oklahoma's crop. Meanwhile, harvest progress was over 2 weeks behind normal nationwide. Harvest was complete in the 

Delta but was over 1 week behind normal in all other areas. Growers in Kansas, Missouri, New Mexico, and Oklahoma 

were 2 weeks behind normal, while in Texas, harvest progress trailed the normal pace by over 6 weeks. 

Other Crops: Eighty-three percent of the peanut crop had been harvested, 6 points behind last year and 4 points 

behind normal. Virginia growers completed their harvest, while harvest neared completion in Florida and North Carolina. 

Georgia and Alabama growers progressed the most, harvesting 8 and 7 percent of their crop, respectively. 

 Sugarbeet growers had harvested 96 percent of their acreage, compared with 98 percent last year and 97 percent 

for the 5-year average. Harvest progress edged closer to completion in the Red River Valley, where 99 percent of the 

acreage had been harvested. Michigan growers harvested 18 percent of their crop during the week but were 7 points 

behind normal. 

 The sunflower harvest advanced to 44 percent complete, 51 points behind last year and 43 points behind normal. 

North Dakota growers harvested nearly one-fourth of their acreage during the week but remained over 2 weeks behind 

normal. Harvest progress was also over 2 weeks behind normal in Kansas, while South Dakota growers trailed their 

normal pace by over 3 weeks. 
Page 4A - Weekly Grain Market News Volume 88 No. 46 11/12/04 

INTERNATIONAL WEATHER AND CROP SUMMARY NOAA/USDA JOINT AGRICULTURAL WEATHER FACILITY

Washington, D.C. October 31-November 6, 2004 Released 11/10/04

FSU-WESTERN: Light showers maintained favorable moisture conditions for winter wheat establishment in Ukraine 

and the Southern Region in Russia and caused only brief interruptions in summer crop harvesting. 

EUROPE: In southeastern Europe, rain is needed to ensure adequate establishment, while widespread rain 

continued to boost moisture supplies for winter crops across southwestern and south-central Europe. 

MIDDLE EAST: Across central Turkey, limited topsoil moisture delayed rainfed winter grain planting, while 

widespread rain favored planting in western Iran. 

NORTHWESTERN AFRICA: In Morocco, Algeria, and Tunisia, rain continued to boost topsoil moisture for pre-planting 

 preparations. 

AUSTRALIA: Widespread showers in eastern Australia slowed winter grain maturation and harvesting but 

provided a welcomed boost in moisture supplies for dryland and irrigated summer crops. 

SOUTHEAST ASIA: Monsoon showers increased moisture for the Indonesian main crop season. 

EASTERN ASIA: Dry weather in China favored autumn fieldwork, while warm weather spurred winter crop 

development. 

SOUTH ASIA: In southern India, lingering monsoon showers increased irrigation reserves for dry-season rice. 

SOUTH AFRICA: Unfavorable warmth and dryness dominated the corn belt. 

ARGENTINA: Showers benefited northern and eastern summer crop areas. 

BRAZIL: Rain increased moisture for soybeans and coffee but kept mature winter wheat unfavorably wet. 

MEXICO: Seasonably drier weather favored summer crop maturation and harvesting across most of Mexico, 

while scattered showers affected the northwest. 

 FSU-WESTERN: Light showers (5-10 mm or more) continued to maintain favorable moisture for winter wheat 

establishment in Ukraine and the Southern Region in Russia, and caused only brief interruptions in corn, sunflower, and 

sugar beet harvesting. Reports from Ukraine as of November 4 indicated that corn for grain and sugar beets were 62 and 

94 percent harvested, respectively. Reports from Russia as of November 2 indicated that corn for grain, sugar beets, and 

sunflowers were 51, 85, and 86 percent harvested, respectively. Farther north in Russia, widespread precipitation 

(10-25 mm or more) continued to favor winter grains from the Central Region eastward across the Volga Region. Weekly 

temperatures averaged 3 to 5 degrees C above normal across most of Russia and Ukraine. In northern Russia, 

temperatures were low enough to induce winter grains into dormancy about 3 weeks later than usual. Winter wheat in 

Ukraine and the Southern Region in Russia continued to add on vegetative growth. In cotton areas of Central Asia, 

unseasonably warm, dry weather helped cotton harvesting. 

 SOUTH ASIA: The southwest monsoon maintained a fairly typical seasonal placement over the southern tip of India, 

generating moderate to heavy showers (25-100 mm or more) from southern growing areas of Andhra Pradesh and 

Karnataka to Sri Lanka. The moisture helped to replenish irrigation reserves for winter-grown (rabi) rice, oilseeds, and 

other crops traditionally grown during the summer. Planting of these crops is usually complete by December. Elsewhere, 

dry weather, accompanied by near- to below-normal temperatures, fostered maturation and harvesting of summer grains, 

oilseeds, and cotton. In Pakistan and northern India, winter wheat and rapeseed planting usually lasts through December, 

while in eastern India and Bangladesh, rice planting can last well into the next year. Winter-grown crops in these areas 

are predominantly irrigated, although the rainfed portion of the crop in the northwest usually benefits from rainfall in 

January and February. 

 SOUTH AFRICA: Unseasonable warmth and dryness (temperatures averaging up to 2 degrees C above normal, with 

highs reaching the lower and middle 30s degrees C) dominated the corn belt, although showers (greater than 10 mm) 

lingered in eastern growing areas of Mpumalanga and Free State. November is the optimal month for planting corn and 

other summer crops, and the current drying trend has reduced moisture for summer crop germination and establishment in 

many major commercial growing areas. Rainfall is needed soon to prevent significant planting delays and to ensure 

proper crop development once sowing becomes more widespread. Elsewhere, moderate showers (10-25 mm or more) 

extending from Swaziland to eastern Lesotho increased irrigation reserves for sugarcane and other crops in KwaZuluNatal and Eastern Cape, with the heaviest rain recorded in the Drakensberg range. In Western Cape, warmth and dryness 

aided winter wheat drydown and harvesting but increased irrigation requirements of fruits and vegetables. 

 MEXICO: Across the main corn areas of central and southern Mexico, seasonably dry weather favored corn, coffee, 

and sugarcane maturation and harvesting. In northwestern Mexico, scattered showers (locally 10 mm or greater) prevailed 

early in the week, followed by colder weather. Temperatures below the freezing mark (0 degrees C) affected the western 

Sierra Madre as far south as Durango. Weekly temperatures averaged 2 to 5 degrees C below normal across 

northwestern Mexico but were near to above normal elsewhere. 

Lowell Serfling, Market News Reporter 

Martha Hansen, Market News Reporter 

 GRAIN MARKET NEWS 

Livestock and Grain Market News Branch 

 LIVESTOCK AND SEED DIVISION 

 U.S. Department of Agriculture 

 1220 S.W. Third Avenue, Room 1772 

 Portland, Oregon 97204