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Bids for Grain Delivered to Portland
USDA - Fri Jan 17, 5:48AM CST
JO_GR110
Portland, OR    Fri Jan 17, 2020    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 March wheat futures trended 2.25 to six 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 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 January
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 steady
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 January delivery were not well tested in early trading, and bids had
no recent price comparison available.  Some exporters were not issuing bids
for nearby delivery.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during January 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
    Jan                                       6.2000-6.2500
    Feb                                       6.2500-6.3000
    Mar                                       6.3300-6.3500
    Apr                                       NA
    May                                       NA
  Guaranteed maximum 10.5 pct protein
    Jan                                       6.2000-6.2500
    Feb                                       6.2500-6.3000
    Mar                                       6.3000-6.3500
    Apr                                       6.3000-6.3800
    May                                       6.3000-6.3800
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jan                                       6.2500-7.9500
  Guaranteed maximum 10.5 pct protein
    Jan                                       6.2500-7.9500
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.9325-6.0325
  11 pct protein                              6.1325-6.2325
  11.5 pct protein
    Jan                                       6.2325-6.3325
    Feb                                       6.2825-6.3325
    Mar                                       6.3325-6.3825
    Apr                                       NA
    May                                       NA
  12 pct protein                              6.2825-6.3825
  13 pct protein                              6.3825-6.4825
_
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                              6.6725-7.0225
  14 pct protein
    Jan                                       6.9125-7.2625
    Feb                                       6.9625-7.2625
    Mar                                       7.0125-7.2625
    Apr                                       NA
    May                                       NA
  15 pct protein                              7.0325-7.3825
  16 pct protein                              7.1525-7.5025
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       4.8375-4.9175
    Feb                                       4.9375-4.9875
    Mar                                       4.9875
    Apr                                       4.9525-5.0025
    May                                       4.9525-5.0025
    Jun                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       10.0325
    Feb                                       10.0325
    Mar                                       10.0525
    Apr                                       10.1325
    May                                       10.1325
    Jun                                       10.2600
_
US 2 Heavy White Oats **                      3.7025
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Dec 2020
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.9700
  US 1 Hard Red Winter (Ordinary protein)     5.7500
  US 1 Hard Red Winter (11.5% protein)        6.0500
  US 1 Dark Northern Spring (14% protein)     6.7600

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

8:45 P nd

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