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Start Free Trial →About Oregon Grain Markets
Oregon soft white wheat tracks the same Pacific Rim demand as Washington. The Willamette Valley is a major grass seed and specialty crop region. Portland handles significant wheat export volume.
Understanding Oregon Grain Basis
Basis is the difference between the local elevator cash price and the nearest CME futures contract. Basis tells you how your local market is priced relative to the national benchmark.
Oregon wheat basis runs 15–35¢ negative, improving significantly within truck distance of Portland terminal elevators.
A strengthening basis (cash rising relative to futures) signals strong local demand — typically from nearby ethanol plants, feed mills, or export elevators bidding aggressively for grain. A weakening basis signals local oversupply or reduced demand. Watch for basis moves of 10¢ or more in a single week as an actionable signal.
Oregon Grain Elevator Landscape
Key Oregon elevators: Pacific Northwest Farmers Cooperative, Wilco, Oregon Wheat Growers League.