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USDA - AMS: Bids for Grain Delivered to Portland (2019-03-15)

USDA U.S. Department of Agriculture - March 15, 2019


JO_GR110
Portland, OR    Fri Mar 15, 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 May wheat futures trended three to 8.50 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 for ordinary protein were not well tested in
early trading, but bids were indicated as 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
were not well tested in early trading but bids were indicated as steady
compared to Thursday’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 March
delivery were not well tested in early trading, but bids were indicated as
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 were not well tested in early trading, but bids were indicated as
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
during March delivery were not well tested in early trading, but bids were
indicated as mixed 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 during March were not well tested in early trading, but bids were
indicated as higher compared to Thursday’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
    Mar                                       5.9000-6.3000
    Apr                                       5.9000-6.3000
    May                                       5.9000-6.3000
    Jun                                       5.9000-6.3000
    Aug NC                                    5.6000-6.0000
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.9000-6.3000
    Apr                                       5.9000-6.3000
    May                                       5.9000-6.3000
    Jun                                       5.9000-6.3000
    Aug NC                                    5.6000-6.0000
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.9000-6.3000
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.9000-6.3000
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.7250-6.1250
  11 pct protein                              5.8650-6.2650
  11.5 pct protein
    Mar                                       6.1850-6.3350
    Apr                                       6.1850-6.5350
    May                                       6.1850-6.5350
    Jun                                       6.2250-6.2750
    Aug NC                                    NA
  12 pct protein                              6.1850-6.3350
  13 pct protein                              6.1850-6.3350
_
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                              6.4550-6.7250
  14 pct protein
    Mar                                       6.6550-6.8050
    Apr                                       6.6550-6.9550
    May                                       6.6550-6.9550
    Jun                                       6.6875-6.7375
    Aug NC                                    NA
  15 pct protein                              6.6550-6.8050
  16 pct protein                              6.6550-6.8650
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       4.9600-5.2800
    Apr                                       4.8300-4.9300
    May                                       4.7800
    Jun                                       4.7325-4.7425
    Jul                                       4.7325-4.7425
    Aug                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       10.0125
    Apr                                       9.7125
    May                                       9.7125
    Jun                                       10.0225
    Jul                                       10.0725
    Aug                                       NA
_
US 2 Heavy White Oats **                      3.7750
 ** 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

8:46 P nd

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