Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Wed Oct 09, 2019    USDA Market News

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

   December wheat futures trended mixed, from 1.75 cents lower to three cents
per bushel higher compared to Tuesday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for October delivery ordinary protein were not available as most
exporters were not issuing bids for nearby delivery.  Bids for guaranteed
maximum 10.5 percent protein trended 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 October delivery
trended three 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 14 percent protein US 1 Dark Northern Spring Wheat for October
delivery trended 1.75 to 16.75 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains
for October delivery trended mixed, from 1.50 cents lower to 0.50 of a cent
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 October delivery trended 3.25 cents per bushel higher compared to
Tuesday�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 16 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
    Oct                                       NA
    Nov                                       6.0300-6.0800    up 11.00-3.00
    Dec                                       6.0600-6.1200    up 12.00-5.00
    Jan                                       NA
    Feb                                       NA
  Guaranteed maximum 10.5 pct protein
    Oct                                       5.9500-6.0000    up 5.00
    Nov                                       5.9800-6.0800    up 6.00-3.00
    Dec                                       6.0100-6.1200    up 7.00-5.00
    Jan                                       6.0100-6.1500    unch-up 6.00
    Feb                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Oct                                       NA
  Guaranteed maximum 10.5 pct protein
    Oct                                       5.9500-6.1000    up 5.00-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.3825-5.4325    up 3.00
  11 pct protein                              5.5825-5.6325    up 3.00
  11.5 pct protein
    Oct                                       5.6825-5.7325    up 3.00
    Nov                                       5.7325-5.7525    up 3.00-2.00
    Dec                                       5.7825           up 3.00-2.00
    Jan                                       NA
    Feb                                       NA
  12 pct protein                              5.7325-5.7825    up 3.00
  13 pct protein                              5.8325-5.8825    up 3.00
_
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                              6.1575-6.4175    dn 1.75-20.75
  14 pct protein
    Oct                                       6.3175-6.6175    dn 1.75-16.75
    Nov                                       6.3675-7.2175    dn 1.75-up 43.25
    Dec                                       6.4175-7.2175    dn 1.75-up 38.25
    Jan                                       NA
    Feb                                       NA
 15 pct protein                               6.3975-6.6175    dn 1.75-24.75
 16 pct protein                               6.4775-6.6175    dn 1.75-32.75
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                       4.9425-4.9625    up 0.50-dn 1.50
    Nov                                       4.9425-4.9825    up 0.50
    Dec                                       4.9425-4.9825    up 2.50-4.50
    Jan                                       5.0250-5.0350    up 1.00-dn 1.00
    Feb                                       5.0350-5.0650    unch-up 2.00
    Mar                                       5.0450-5.0650    unch-up 2.00
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                       10.0575-10.0875  up 3.25
    Nov                                       10.0575-10.0875  up 3.25
    Dec                                       10.1000          up 2.75
    Jan                                       10.1300          up 2.75
    Feb                                       NA
    Mar                                       NA
_
US 2 Heavy White Oats **                      3.6300           unch
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.7500
  US 1 Hard Red Winter (Ordinary protein)     4.9900
  US 1 Hard Red Winter (11.5% protein)        5.2500
  US 1 Dark Northern Spring (14% protein)     5.8100

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

11:40P nd