Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Tue Mar 13, 2018    USDA Market News

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

   March wheat futures trended mixed, from 4.25 cents lower to four cents
per bushel higher compared to Monday�s noon closes.  May wheat futures
trended mixed, from 4.25 cents lower to one cent per bushel higher, with
the greatest decline in Chicago soft red wheat and the advance in
Minneapolis dark northern spring wheat.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for March delivery ordinary protein trended steady to 1.75 cents per
bushel lower compared to Monday�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 4.25 cents per
bushel higher compared to Monday�s noon bids for nearby delivery.  Some
exporters are not issuing bids for nearby delivery.

   Bids for 11.5 percent US 1 Hard Red Winter Wheat for March delivery
trended two to seven cents per bushel lower than Monday�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 March
delivery trended one to six cents per bushel higher than Monday�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 March delivery were four cents per bushel higher than Monday�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 March delivery were 12.75 to 15.75 cents per bushel higher than
Monday�s noon bids for the same delivery period.  Some exporters were not
issuing bids for nearby delivery.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.4000-5.6400    unch-dn 1.75
    Apr                                       5.4000-5.6650    unch-dn 4.25
    May                                       5.6200-5.7150    unch-dn 4.25
    Jun                                       5.6400-5.7250    unch-dn 3.00
    Aug NC                                    5.6400-5.7100    unch-dn 2.75
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.2500-5.6150    unch-dn 4.25
    Apr                                       5.4000-5.6650    unch-dn 4.25
    May                                       5.6200-5.7150    unch-dn 4.25
    Jun                                       5.6800-5.7250    unch-dn 3.00
    Aug NC                                    5.6500-5.7100    unch-dn 2.75
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.4500-5.6400    unch-dn 1.75
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.2500-5.6150    unch-dn 4.25
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.6025-5.8025    dn 7.00-2.00
  11 pct protein                              6.2025-6.5025    dn 7.00-2.00
  11.5 pct protein
    Mar                                       6.5025-6.7525    dn 7.00-2.00
    Apr                                       6.5525-6.7025    dn 2.00
    May                                       6.5525-6.7525    dn 2.00
    Jun                                       6.7225-6.7525    up 3.25-dn 1.75
  12 pct protein                              6.6525-6.9025    dn 7.00-2.00
  13 pct protein                              6.9525-7.2025    dn 7.00-2.00
_
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                              6.9250-7.1550    up 1.00
  14 pct protein
    Mar                                       7.4050-7.6050    up 1.00-6.00
    Apr                                       7.4050-7.6350    up 1.00-9.00
    May                                       7.4550-7.6350    up 1.00-9.00
    Jun                                       7.4175-7.5675    dn 0.25
 15 pct protein                               7.7250-7.9250    up 1.00-6.00
 16 pct protein                               8.0350-8.2450    up 1.00-6.00
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       4.9975-5.0675    up 4.00
    Apr                                       4.9675           up 6.00-dn 2.00
    May                                       4.9675           up 6.00-dn 2.00
    Jun                                       4.9975-5.0075    up 8.25-2.25
    Jul                                       4.8475-4.9475    up 6.25-11.25
    Aug                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       11.3375-11.4675  up 12.75-15.75
    Apr                                       11.4675-11.4875  up 13.75-9.75
    May                                       11.4675-11.4875  up 13.75-9.75
    Jun                                       11.5450-11.5750  up 15.50-11.50
    Jul                                       11.5250-11.5750  up 11.50-13.50
    Oct                                       11.3400          up 8.00-dn 2.00
_
US 2 Heavy White Oats **                      3.4825           up 29.00
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Feb 2018
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.4300
  US 1 Hard Red Winter (Ordinary protein)     5.4100
  US 1 Hard Red Winter (11.5% protein)        6.3200
  US 1 Dark Northern Spring (14% protein)     7.2900

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

11:38P nd