June 13, 2013
                                                                  
                                   Portland Price Trends
                 06-01-12    08-01-12    05-01-13    06-06-13    06-13-13
#1 SWW (bu)         6.65        8.85        7.70        7.45        7.32
White Club          6.65        8.85        7.70        7.45        7.32
HRS 14%             8.82        9.90        9.40        9.35        9.21
HRW 11.5%           7.20        9.43        8.96        8.62        8.48
#2 Corn (ton)     253.00      339.00      290.00      287.00      286.00
#2 Barley         220.00      250.00      238.00      235.00      240.00

   Wheat...West coast white wheat markets saw old crop bids gain back a
slight premium over new crop this week, as exporters were still working
on coverage from prior sales.  Export limitations over GMO concerns are
still weighing on the market. Basis levels on springs and winter wheats
held mostly steady in new crop positions while spreads narrowed between
old and new crop.
   Weekly Sales...USDA reported a fair start to the first official week
of the new marketing year, as sales for all wheat came in at 15.7 mb to
put the total at 272 mb and 33% ahead of last year.  Sales of hard red 
winter stand 17% ahead of last year at 84 mb; soft red winter is up 207%
at 101 mb; hard red spring is down 7% at 52 mb and soft white is off 16%
at 32 mb.
   
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