Bids for Grain Delivered to Portland
USDA - Wed May 15, 11:42AM CDT
JO_GR110
Portland, OR    Wed May 15, 2019    USDA Market News

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

   July wheat futures trended mixed, from eight cents lower to 0.25 of a
cent per bushel higher compared to Tuesday�s noon closes, with the greatest
decline in Minneapolis dark northern spring wheat and the advance in
Chicago soft red wheat.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for May delivery ordinary protein trended steady to five cents per
bushel higher compared to Tuesday�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 five cents per
bushel higher compared to Tuesday�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 May delivery
trended 6.75 cents per bushel lower compared to Tuesday�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 May
delivery trended eight cents per bushel lower compared to Tuesday�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 May delivery trended 0.75 of a cent to 3.75 cents per bushel
higher compared to Tuesday�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 May delivery were not available as most exporters were not
issuing bids for nearby delivery.

   According to the Portland Merchant�s Exchange, there were 14 grain
vessels in Columbia River ports today, with five docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                       5.7000-5.8000    unch-up 5.00
    Jun                                       5.7000-5.8000    unch-up 3.00
    Jul                                       5.7000-5.8000    unch-up 3.00
    Aug NC                                    5.6000-5.7500    unch-up 5.00
    Sep                                       5.6300-5.7500    unch
  Guaranteed maximum 10.5 pct protein
    May                                       5.7000-5.8000    unch-up 5.00
    Jun                                       5.7000-5.8000    unch-up 5.00
    Jul                                       5.7000-5.8000    unch-up 5.00
    Aug NC                                    5.6000-5.7500    unch
    Sep                                       5.6300-5.7500    unch
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                       5.7000-5.8000    unch-up 5.00
  Guaranteed maximum 10.5 pct protein
    May                                       5.7000-5.8000    unch-up 5.00
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.5100-5.6100    dn 6.75
  11 pct protein                              5.6500-5.7500    dn 6.75
  11.5 pct protein
    May                                       5.7200-5.8200    dn 6.75
    Jun                                       5.6700-5.7700    dn 6.75
    Jul                                       5.3200-5.7200    dn 6.75
    Aug NC                                    5.2800-5.4300    dn 6.50
    Sep                                       NA
  12 pct protein                              5.7200-5.8200    dn 6.75-8.75
  13 pct protein                              5.7200-5.8300    dn 6.75-11.75
_
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                              5.8525-6.0725    dn 8.00
  14 pct protein
    May                                       6.0525-6.1525    dn 8.00
    Jun                                       6.0525           dn 8.00-13.00
    Jul                                       5.9525-6.0525    dn 8.00-13.00
    Aug NC                                    6.0450-6.0950    dn 7.25-17.25
    Sep                                       NA
 15 pct protein                               6.0525-6.1525    dn 8.00
 16 pct protein                               6.0525-6.1525    dn 8.00
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       4.8250-4.8450    up 3.75-0.75
    Jun                                       4.6750-4.6950    up 3.75-0.75
    Jul                                       4.5750-4.5950    up 0.75
    Aug                                       4.5325-4.5825    up 1.00
    Sep                                       NA
    Oct                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       NA
    Jun                                       NA
    Jul                                       8.9050           up 4.00
    Aug                                       9.0200           up 4.00
    Sep                                       8.8175           no comp
    Oct                                       8.7775           no comp
_
US 2 Heavy White Oats **                      3.7750           unch
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Apr 2019
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.9300
  US 1 Hard Red Winter (Ordinary protein)     5.8300
  US 1 Hard Red Winter (11.5% protein)        6.0300
  US 1 Dark Northern Spring (14% protein)     6.3200

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

11:45P nd