Bids for Grain Delivered to Portland


JO_GR110
Portland, OR Thu Feb 13, 2020 USDA Market News

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

March wheat futures trended from 3.25 to five cents per bushel lower
compared to Wednesday?s noon closes.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for February delivery ordinary protein trended steady to three cents
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
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 February delivery
trended five cents 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 US 1 Dark Northern Spring Wheat for February delivery
trended 4.50 cents 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains
for February 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 February delivery trended 3.75 cents per bushel higher compared to
Wednesday?s noon bids for the same delivery period. Some exporters were not
issuing bids for nearby delivery.

According to the Portland Merchant?s Exchange, there were 15 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
Feb 6.2000-6.2200 unch-dn 3.00
Mar 6.2400-6.3000 dn 3.00-unch
Apr 6.2700-6.3300 dn 3.00-unch
May 6.2700-6.3300 dn 3.00-unch
Jun NA
Guaranteed maximum 10.5 pct protein
Feb 6.2000-6.2500 unch
Mar 6.2400-6.3000 dn 3.00-unch
Apr 6.2700-6.3300 dn 3.00-unch
May 6.2700-6.3800 dn 3.00-unch
Jun NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Feb 6.2200-7.9500 dn 3.00-unch
Guaranteed maximum 10.5 pct protein
Feb 6.2200-7.9500 dn 3.00-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 5.8600-5.9100 dn 5.00
11 pct protein 6.0600-6.1100 dn 5.00
11.5 pct protein
Feb 6.1600-6.2100 dn 5.00
Mar 6.1600-6.2100 dn 5.00
Apr 6.1775-6.2275 dn 4.50
May 6.1775-6.2275 dn 4.50
12 pct protein 6.2100-6.2600 dn 5.00
13 pct protein 6.3100-6.3600 dn 5.00
_
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 6.4575-6.7275 dn 4.50
14 pct protein
Feb 6.6175-6.9675 dn 4.50
Mar 6.6175-6.9675 dn 4.50
Apr 6.6625-7.0625 dn 4.25
May 6.6625-7.1125 dn 4.25
15 pct protein 6.6975-7.0875 dn 4.50
16 pct protein 6.7775-7.2075 dn 4.50
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Feb NA
Mar 4.9250-4.9450 dn 2.50-3.50
Apr 4.9475-4.9775 dn 2.50
May 4.8975-4.9475 dn 2.50
Jun NA
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Feb 9.7125-9.7425 up 3.75
Mar 9.7125-9.7425 up 3.75
Apr 9.7400-9.8100 up 2.50
May 9.7400-9.8100 up 2.50
Jun 9.8800-9.9300 up 3.25
_
US 2 Heavy White Oats ** 3.7025 unch
** Not well tested.

Exporter Bids Portland Rail/Barge Jan 2020
Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 6.2300
US 1 Hard Red Winter (Ordinary protein) 5.9600
US 1 Hard Red Winter (11.5% protein) 6.2600
US 1 Dark Northern Spring (14% protein) 7.0100

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

11:43P nd