Bids for Grain Delivered to Portland
USDA - Fri Mar 15, 1:53PM CDT
JO_GR110
Portland, OR    Fri Mar 15, 2019    USDA Market News

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

   May wheat futures trended 2.25 to 9.50 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 March 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 March delivery
trended 6.50 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 March
delivery trended 2.25 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 March delivery trended mixed, from four cents lower to 28 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 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for March delivery trended 10.75 cents per bushel higher compared to
Thursday�s noon bids for the same delivery period.  Some exporters were
not issuing bids for nearby delivery.

   According to the Portland Merchant�s Exchange, there were 26 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
    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                            5.7200-6.1200    up 6.50
  11 pct protein                              5.8600-6.2600    up 6.50
  11.5 pct protein
    Mar                                       6.1800-6.3300    up 6.50
    Apr                                       6.1800-6.5300    up 6.50
    May                                       6.1800-6.5300    up 6.50
    Jun                                       6.2175-6.2675    up 6.75
    Aug NC                                    NA
  12 pct protein                              6.1800-6.3300    up 6.50
  13 pct protein                              6.1800-6.3300    up 6.50
_
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                              6.4475-6.7175    up 2.25
  14 pct protein
    Mar                                       6.6475-6.7975    up 2.25
    Apr                                       6.6475-6.9475    up 2.25
    May                                       6.6475-6.9475    up 2.25
    Jun                                       6.6750-6.7250    up 1.75
    Aug NC                                    NA
 15 pct protein                               6.6475-6.7975    up 2.25
 16 pct protein                               6.6475-6.8575    up 2.25
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       4.9625-5.2825    dn 4.00-up 28.00
    Apr                                       4.8325-4.9325    up 11.00-18.00
    May                                       4.7825           up 10.00-8.00
    Jun                                       4.7325-4.7425    up 3.75-4.75
    Jul                                       4.7325-4.7425    up 3.75-4.75
    Aug                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       9.8925           up 10.75
    Apr                                       9.5925           up 10.75
    May                                       9.5925           up 10.75
    Jun                                       9.9800           up 10.75
    Jul                                       10.0300          up 10.75
    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

11:42P nd