Bids for Grain Delivered to Portland


JO_GR110
Portland, OR Thu Jul 11, 2019 USDA Market News

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

July wheat futures trended mixed, from 17.50 cents lower to 24.50 cents
per bushel higher compared to Wednesday?s noon closes. September wheat
futures trended 12.50 to 20 cents per bushel higher.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for July 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 to two cents per bushel higher 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 July delivery
trended 20 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 14 percent protein US 1 Dark Northern Spring Wheat for July
delivery trended 12.50 cents per bushel higher compared to Wednesday?s noon
bids for the same delivery period. Some exporters were not issuing bids
for nearby delivery.

Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle
trains for July delivery trended 9.25 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 July delivery trended 4.50 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 11 grain
vessels in Columbia River ports today, with four docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jul 5.7500-6.1300 unch
Aug NC 5.7500-6.1300 unch
Sep 5.7500-6.1300 unch
Oct 6.1000-6.1500 up 2.00-unch
Nov 6.1300-6.1700 unch
Guaranteed maximum 10.5 pct protein
Jul 5.7500-6.1000 unch-up 2.00
Aug NC 5.7500-6.1000 unch-up 2.00
Sep 5.7500-6.1000 unch-up 2.00
Oct 6.1000-6.1200 up 2.00
Nov NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jul 5.7500-6.1300 unch
Guaranteed maximum 10.5 pct protein
Jul 5.7500-6.1000 unch-up 2.00
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 5.5650-5.7550 up 20.00
11 pct protein 5.7650-5.8950 up 20.00
11.5 pct protein
Jul 5.8650-5.9650 up 20.00
Aug NC 5.8650-5.9150 up 20.00
Sep 5.8650-5.9450 up 20.00
Oct 5.9625-6.0625 up 18.75
Nov NA
12 pct protein 5.8650-5.9850 up 20.00
13 pct protein 5.8650-6.0250 up 20.00
_
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 5.9625-6.1025 up 12.50
14 pct protein
Jul 6.1625-6.2625 up 12.50
Aug NC 6.1625-6.2125 up 12.50
Sep 6.1625-6.2625 up 12.50
Oct 6.3450-6.3950 up 12.50
Nov NA
15 pct protein 6.1625-6.3425 up 12.50
16 pct protein 6.1625-6.4225 up 12.50
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jul 5.4825-5.4925 up 9.25
Aug 5.4425-5.4725 up 9.25
Sep 5.4425-5.4925 up 9.25
Oct 5.4300-5.4800 up 8.50
Nov 5.4300-5.4800 up 8.50
Dec 5.4800-5.5300 up 8.50
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jul 9.7100 up 4.50
Aug 9.7100 up 4.50
Sep 9.6725 up 4.50
Oct 9.6525 up 4.50
Nov NA
Dec NA
_
US 2 Heavy White Oats ** 3.7750 unch
** Not well tested.

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

US 1 Soft White by Unit Trains and Barges 5.9800
US 1 Hard Red Winter (Ordinary protein) 6.0300
US 1 Hard Red Winter (11.5% protein) 6.2400
US 1 Dark Northern Spring (14% protein) 6.3800

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