Bids for Grain Delivered to Portland


JO_GR110
Portland, OR Thu Mar 14, 2019 USDA Market News

Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change

March wheat futures trended steady to eight cents per bushel higher
compared to Wednesday?s noon closes. May wheat futures trended mixed, from
0.25 of a cent per bushel lower to 5.50 cents per bushel higher.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for March delivery ordinary protein trended steady compared to
Wednesday?s noon bids for the same delivery period. Some exporters were
not issuing bids for nearby delivery. Bids for guaranteed maximum 10.5
percent protein trended steady compared to Wednesday?s noon bids for the
same delivery period. Some exporters are not issuing bids for nearby
delivery.

Bids for 11.5 percent US 1 Hard Red Winter Wheat for March delivery
trended 0.25 of a cent per bushel lower compared to Wednesday?s noon bids
for the same delivery period. Some exporters were not issuing bids for
nearby delivery.

Bids for 14 percent protein US 1 Dark Northern Spring Wheat for March
delivery trended two cents per bushel higher compared to Wednesday?s noon
bids for the same delivery period. Some exporters were not issuing bids
for nearby delivery.

Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle
trains for March delivery trended 8.75 to 10.75 cents per bushel higher
compared to Wednesday?s noon bids for the same delivery period. Some
exporters were not issuing bids for nearby delivery.

Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for March delivery trended 7.50 cents per bushel higher compared to
Wednesday?s noon bids for the same delivery period. Some exporters were
not issuing bids for nearby delivery.

According to the Portland Merchant?s Exchange, there were 28 grain
vessels in Columbia River ports today, with five docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
Mar 5.9000-6.3000 unch
Apr 5.9000-6.3000 unch
May 5.9000-6.3000 unch
Jun 5.9000-6.3000 unch
Aug NC 5.6000-6.0000 unch
Guaranteed maximum 10.5 pct protein
Mar 5.9000-6.3000 unch
Apr 5.9000-6.3000 unch
May 5.9000-6.3000 unch
Jun 5.9000-6.3000 unch
Aug NC 5.6000-6.0000 unch
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Mar 5.9000-6.3000 unch
Guaranteed maximum 10.5 pct protein
Mar 5.9000-6.3000 unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 5.6550-6.0550 dn 0.25
11 pct protein 5.7950-6.1950 dn 0.25
11.5 pct protein
Mar 6.1150-6.2650 dn 0.25
Apr 6.1150-6.4650 dn 0.25
May 6.1150-6.4650 dn 0.25
Jun 6.1500-6.2000 dn 0.50
Aug NC NA
12 pct protein 6.1150-6.2650 dn 0.25
13 pct protein 6.1150-6.2650 dn 0.25
_
US 1 Dark Northern Spring Wheat (with a minimum of 300 falling numbers, a maximum
of 0.5 part per million vomitoxin, and a maximum of one percent total damage)
13 pct protein 6.4250-6.6950 up 2.00
14 pct protein
Mar 6.6250-6.7750 up 2.00
Apr 6.6250-6.9250 up 2.00
May 6.6250-6.9250 up 2.00
Jun 6.6575-6.7075 up 2.25
Aug NC NA
15 pct protein 6.6250-6.7750 up 2.00
16 pct protein 6.6250-6.8350 up 2.00
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Mar 5.0025 up 10.75-8.75
Apr 4.7225-4.7525 up 5.75-dn 6.25
May 4.6825-4.7025 up 11.75-8.75
Jun 4.6950 no comp
Jul 4.6950 no comp
Aug NA
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Mar 9.7850 up 7.50
Apr 9.4850 dn 2.50
May 9.4850 dn 2.50
Jun 9.8725 dn 2.50
Jul 9.9225 dn 2.50
Aug NA
_
US 2 Heavy White Oats ** 3.7750 unch
** Not well tested.

Exporter Bids Portland Rail/Barge Feb 2019
Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 6.3600
US 1 Hard Red Winter (Ordinary protein) 6.4000
US 1 Hard Red Winter (11.5% protein) 6.2100
US 1 Dark Northern Spring (14% protein) 6.7000

Source: USDA Market News Service, Portland, OR
Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-535-5005
www.ams.usda.gov/mnreports/jo_gr110.txt
www.ams.usda.gov/lpsmarketnewspage

11:45P nd