Bids for Grain Delivered to Portland


JO_GR110
Portland, OR Fri May 24, 2019 USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY MAY 27 DUE TO THE HOLIDAY***

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

July wheat futures trended 13.75 to 19.25 cents per bushel higher
compared to Thursday?s noon closes.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for May delivery ordinary protein trended steady compared to
Thursday?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 Thursday?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 May delivery
trended 16.75 cents per bushel higher compared to Thursday?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 May
delivery trended 13.75 cents per bushel higher compared to Thursday?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 May delivery were not available as most exporters were not
issuing bids for nearby delivery.

Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for May delivery were not available as most exporters were not
issuing bids for nearby delivery.

According to the Portland Merchant?s Exchange, there were 11 grain
vessels in Columbia River ports today, with three docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
May 5.7500-6.0500 unch
Jun 5.7500-6.0500 unch
Jul 5.7500-6.0500 unch
Aug NC 5.7500-5.9500 unch
Sep 5.7500-5.9500 unch
Guaranteed maximum 10.5 pct protein
May 5.7500-6.0500 unch
Jun 5.7500-6.0500 unch
Jul 5.7500-6.0500 unch
Aug NC 5.7500-5.9500 unch
Sep 5.7500-5.9500 unch
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
May 5.7500-6.0500 unch
Guaranteed maximum 10.5 pct protein
May 5.7500-6.0500 unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 5.9100-6.0100 up 16.75
11 pct protein 6.0500-6.1500 up 16.75
11.5 pct protein
May 6.1200-6.2200 up 16.75
Jun 6.1200-6.1700 up 16.75
Jul 5.7700-6.1200 up 16.75
Aug NC 5.6825-5.8325 up 16.50
Sep NA
12 pct protein 6.1200-6.1900 up 16.75
13 pct protein 6.1200-6.2300 up 16.75
_
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 6.1300-6.4000 up 13.75
14 pct protein
May 6.3300-6.4800 up 13.75
Jun 6.3300-6.3800 up 13.75
Jul 6.2800-6.3800 up 13.75
Aug NC 6.3500-6.4000 up 12.75
Sep NA
15 pct protein 6.3300-6.4800 up 13.75
16 pct protein 6.3300-6.4800 up 13.75
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
May NA
Jun 4.8225-4.9125 up 14.50-16.50
Jul 4.7925-4.9025 up 14.50-20.50
Aug 4.8750 up 14.00
Sep 4.8750 up 14.00
Oct NA
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
May NA
Jun NA
Jul 8.8475 up 8.25
Aug 8.9150 up 8.25
Sep 8.7625 up 8.00
Oct 8.8125 up 8.00
_
US 2 Heavy White Oats ** 3.7750 unch
** Not well tested.

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

US 1 Soft White by Unit Trains and Barges 5.9300
US 1 Hard Red Winter (Ordinary protein) 5.8300
US 1 Hard Red Winter (11.5% protein) 6.0300
US 1 Dark Northern Spring (14% protein) 6.3200

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

11:51P nd