USDA U.S. Department of Agriculture - January 22, 2019
JO_GR110
Portland, OR Tue Jan 22, 2019 USDA Market News
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
March wheat futures trended steady to 2.25 cents per bushel higher
compared to Friday’s noon closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for January delivery ordinary protein trended steady to three cents
per bushel higher 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 trended steady to three cents
per bushel higher compared to Friday’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 January delivery
trended 3.75 cents per bushel higher 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 trended 2.25 cents per bushel higher 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 for January 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 January delivery were not available as most exporters were not
issuing bids for nearby delivery.
According to the Portland Merchant’s Exchange, there were nine 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
Jan 6.1000-6.3800 unch
Feb 6.2100-6.4000 unch
Mar 6.2400-6.4000 unch
Apr 6.3000-6.4000 unch
May 6.3000-6.4000 unch
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.3800 unch
Feb 6.2100-6.4000 unch
Mar 6.2400-6.4000 unch
Apr NA
May NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jan 6.1000-6.3800 unch
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.3800 unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 6.4375-6.5475 up 3.75
11 pct protein 6.5775-6.6475 up 3.75
11.5 pct protein
Jan 6.6475-6.6975 up 3.75
Feb 6.6975 up 3.75
Mar 6.6475-6.6975 up 3.75
Apr NA
May NA
12 pct protein 6.6475-6.6975 up 3.75
13 pct protein 6.6475-6.7275 up 3.75
_
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 6.5400-6.5700 dn 2.25
14 pct protein
Jan 6.6200-6.7700 dn 2.25
Feb 6.6700-6.7700 dn 2.25
Mar 6.7200-6.8300 dn 2.25
Apr NA
May NA
15 pct protein 6.6200-6.7700 dn 2.25
16 pct protein 6.6200-6.7700 dn 2.25
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jan NA
Feb 4.6900-4.7600 dn 2.75
Mar 4.7600-4.7900 dn 2.75
Apr 4.7825-4.7925 dn 2.75
May 4.7825 dn 2.75
Jun NA
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jan NA
Feb NA
Mar NA
Apr NA
May NA
Jun NA
_
US 2 Heavy White Oats ** 3.7750 unch
** 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
11:39P nd
