Bids for Grain Delivered to Portland
USDA - Fri Nov 08, 9:01AM CST
JO_GR110
Portland, OR    Fri Nov 08, 2019    USDA Market News

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

   December wheat futures trended 0.25 of a cent to 3.25 cents per bushel
lower compared to Thursday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for November delivery ordinary protein trended steady to five cents
per bushel lower 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 November delivery
trended 3.25 cents per bushel lower 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 November
delivery trended 0.25 of a cent per bushel lower 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 November delivery trended two 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 November delivery trended 5.50 cents per bushel lower compared to
Thursday�s noon bids for the same delivery period.  Some exporters were not
issuing bids for nearby delivery.

   According to the Portland Merchant�s Exchange, there were 15 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
    Nov                                       5.9500           unch-dn 5.00
    Dec                                       6.0000           unch-dn 5.00
    Jan                                       6.0500           unch-dn 3.00
    Feb                                       NA
    Mar                                       NA
  Guaranteed maximum 10.5 pct protein
    Nov                                       5.9500-6.1000    unch
    Dec                                       6.0000-6.1500    unch
    Jan                                       6.0500-6.1800    unch
    Feb                                       6.0800-6.2100    dn 3.00-unch
    Mar                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Nov                                       5.9500-7.7000    dn 5.00-unch
  Guaranteed maximum 10.5 pct protein
    Nov                                       5.9500-7.7000    dn 5.00-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.5150-5.6150    dn 3.25
  11 pct protein                              5.7150-5.8150    dn 3.25
  11.5 pct protein
    Nov                                       5.8150-5.9150    dn 3.25
    Dec                                       5.8550-5.9150    dn 3.25
    Jan                                       5.9550           dn 3.00
    Feb                                       5.9750-6.0050    dn 3.00
    Mar                                       NA
  12 pct protein                              5.8650-5.9650    dn 3.25
  13 pct protein                              5.9650-6.0650    dn 3.25
_
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                              6.3450-6.6450    dn 0.25
  14 pct protein
    Nov                                       6.5850-6.8850    dn 0.25
    Dec                                       6.5850-6.9350    dn 0.25
    Jan                                       6.6500-7.0000    dn 0.25
    Feb                                       6.6500-7.0500    dn 0.25
    Mar                                       NA
 15 pct protein                               6.6350-7.0050    dn 0.25
 16 pct protein                               6.6350-7.1250    dn 0.25
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Nov                                       4.8225-4.9025    up 2.00
    Dec                                       4.8725-4.8925    up 2.00
    Jan                                       4.9150-4.9850    up 2.75
    Feb                                       4.9350-4.9850    up 2.75
    Mar                                       4.9550-4.9850    up 2.75
    Apr                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Nov                                       10.1600-10.2500  dn 5.50
    Dec                                       10.2100-10.2600  dn 5.50
    Jan                                       10.2100-10.2600  dn 5.50
    Feb                                       NA
    Mar                                       NA
    Apr                                       9.8550-10.0250   dn 4.75
_
US 2 Heavy White Oats **                      3.6300           unch
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.9900
  US 1 Hard Red Winter (Ordinary protein)     5.4600
  US 1 Hard Red Winter (11.5% protein)        5.7600
  US 1 Dark Northern Spring (14% protein)     6.5800

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

11:42P nd