Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Fri Jan 11, 2019    USDA Market News

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

   March wheat futures trended 5.75 to 6.00 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 January 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 January delivery
trended 5.75 cents per bushel higher compared to Thursday�s noon bids for
the same delivery period.  Some exporters were not issuing bids for nearby
delivery.

   Bids for 14 percent protein US 1 Dark Northern Spring Wheat for January
delivery trended 6.00 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 January delivery trended 4.00 to 5.00 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 January delivery were not available as most exporters were not
issuing bids for nearby delivery.

   According to the Portland Merchant�s Exchange, there were 9 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
    Jan                                        6.1500-6.3500      unch
    Feb                                        6.2100-6.3500      unch
    Mar                                        6.2400-6.3500      unch
    Apr                                        6.2800-6.3500      unch
    May                                        6.2800-6.3500      unch
  Guaranteed maximum 10.5 pct protein
    Jan                                        6.1800-6.3500      unch
    Feb                                        6.2100-6.3500      unch
    Mar                                        6.2400-6.3500      unch
    Apr                                        NA
    May                                        NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jan                                        6.1500-6.3500      unch
  Guaranteed maximum 10.5 pct protein
    Jan                                        6.1800-6.3500      unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                             6.3350-6.4950      up 5.75
  11 pct protein                               6.4750-6.5950      up 5.75
  11.5 pct protein
    Jan                                        6.5450-6.6450      up 5.75
    Feb                                        6.5950-6.6450      up 5.75
    Mar                                        6.5450-6.6450      up 5.75
    Apr                                        NA
    May                                        NA
  12 pct protein                               6.5450-6.6450      up 5.75
  13 pct protein                               6.5450-6.6750      up 5.75
_
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                               6.5500-6.5700      up 6.00
  14 pct protein
    Jan                                        6.6500-6.7500      up 6.00
    Feb                                        6.7000-6.7500      up 6.00
    Mar                                        6.7500-6.8100      up 6.00
    Apr                                        NA
    May                                        NA
 15 pct protein                                6.6500-6.7500      up 6.00
 16 pct protein                                6.6500-6.7500      up 6.00
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                        4.6025-4.6325      up 4.00-5.00
    Feb                                        4.7225-4.7425      up 7.00-4.00
    Mar                                        4.7025-4.7425      up 2.00-unch
    Apr                                        4.7575-4.7775      up 2.25-3.25
    May                                        4.7575-4.7775      up 2.25-3.25
    Jun                                        NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                        NA
    Feb                                        9.7325-9.7525      up 3.50
    Mar                                        9.7025-9.7525      up 3.50
    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

13:34 P nd