USDA U.S. Department of Agriculture - January 7, 2019
JO_GR110
Portland, OR Mon Jan 07, 2019 USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
All Bids in dollars per bushel. Bids are limited and not fully
established in early trading.
Bids for grains delivered to Portland, Oregon in dollars per bushel.
In early trading March wheat futures trended 0.25 of a cent to one cent
per bushel lower compared to Friday’s noon closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for January delivery for ordinary protein were not well tested in
early trading, but bids were indicated as steady compared to Friday’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 were
not well tested in early trading but bids were indicated as steady compared
to Friday’s noon bids for the same delivery period. Some exporters were
not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were not well tested in early trading, but bids were indicated as
lower compared to Friday’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 January
delivery were not well tested in early trading, but bids were indicated as
lower compared to Friday’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
during January delivery were not well tested in early trading, but bids
were indicated as lower compared to Friday’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 during January were not well tested in early trading, but bids were
indicated as mixed compared to Friday’s noon bids for the same delivery
period. Some exporters were not issuing bids for nearby delivery.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jan 6.1500-6.3500
Feb 6.2100-6.3500
Mar 6.2400-6.3500
Apr 6.2800-6.3500
May 6.2800-6.3500
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.3500
Feb 6.2100-6.3500
Mar 6.2400-6.3500
Apr NA
May NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jan 6.1500-6.3500
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.3500
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 6.3200-6.5000
11 pct protein 6.4800-6.6000
11.5 pct protein
Jan 6.5500-6.6500
Feb 6.6000-6.6500
Mar 6.5500-6.6500
Apr NA
May NA
12 pct protein 6.5500-6.6700
13 pct protein 6.5500-6.7700
_
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 6.5500-6.5700
14 pct protein
Jan 6.6500-6.7500
Feb 6.7000-6.8800
Mar 6.7500-6.9100
Apr NA
May NA
15 pct protein 6.6500-6.7500
16 pct protein 6.6500-6.7500
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jan 4.6725
Feb 4.7825-4.7925
Mar 4.7225-4.7525
Apr 4.7925-4.8025
May 4.7925-4.8025
Jun NA
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jan 9.6275-9.7275
Feb 9.8525-9.9025
Mar 9.8525-9.9025
Apr NA
May NA
Jun NA
_
US 2 Heavy White Oats ** 3.7750
** Not well tested.
Exporter Bids Portland Rail/Barge Dec 2018
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.2300
US 1 Hard Red Winter (Ordinary protein) 6.4400
US 1 Hard Red Winter (11.5% protein) 6.6600
US 1 Dark Northern Spring (14% protein) 6.8200
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
8:42 P nd