USDA U.S. Department of Agriculture - January 24, 2019
JO_GR110
Portland, OR Thu Jan 24, 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 one to 2.25 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 January delivery for ordinary protein were not well tested in
early trading, but bids were indicated as steady higher 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 were not well tested in early trading but bids were
indicated as steady compared to Wednesday’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 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 January
delivery were not well tested in early trading, but bids were indicated as
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
during January delivery were not available in early trading as most
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 available in early trading as most 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 6.1500-6.4500
Feb 6.2100-6.5300
Mar 6.2400-6.5300
Apr 6.5000-6.5300
May 6.5000-6.5300
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.4500
Feb 6.2100-6.5000
Mar 6.2400-6.5000
Apr NA
May NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jan 6.1500-6.4500
Guaranteed maximum 10.5 pct protein
Jan 6.1800-6.4500
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein 6.4300-6.5900
11 pct protein 6.5700-6.6900
11.5 pct protein
Jan 6.6400-6.7400
Feb 6.6900-6.7400
Mar 6.7400-6.7900
Apr 6.7350-6.8350
May 6.7650-6.8850
12 pct protein 6.6400-6.7400
13 pct protein 6.6400-6.7700
_
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 6.5125-6.5925
14 pct protein
Jan 6.5925-6.7925
Feb 6.6925-6.7925
Mar 6.7425-6.8525
Apr 6.8275-6.8875
May 6.8775-6.9175
15 pct protein 6.5925-6.7925
16 pct protein 6.5925-6.7925
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Jan NA
Feb NA
Mar 4.7475
Apr 4.7900-4.8000
May 4.7800
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
** 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
8:43 P nd