Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Mon Apr 16, 2018    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 May wheat futures trended 7.50 to 14.50 cents per
bushel lower than Friday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for April delivery for ordinary protein were not well tested in
early trading, but bids were indicated as mixed compared to Friday�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
well tested in early trading, but bids were indicated as mixed compared to
Friday�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 April
delivery were not well tested in early trading but bids were indicated as
lower compared to Friday�s 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 April
delivery were not well tested in early trading but bids were indicated as
lower compared to Friday�s noon bids for the same delivery period.  Some
exporters are not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains
during April were not well tested in early trading, but bids were indicated
as lower compared to Friday�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 during April were not well tested in early trading, but bids were
indicated as lower compared to Friday�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
    Apr                                       5.7600-5.9000
    May                                       5.8100-5.9000
    Jun                                       5.8500-5.8700
    Jul                                       5.7500-5.8700
    Aug NC                                    5.5000-5.7500
  Guaranteed maximum 10.5 pct protein
    Apr                                       5.7600-5.9000
    May                                       5.8100-5.9000
    Jun                                       5.8500-5.8525
    Jul                                       5.7500-5.8025
    Aug NC                                    5.5000-5.7500
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Apr                                       5.7600-5.9000
  Guaranteed maximum 10.5 pct protein
    Apr                                       5.7600-5.9000
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.4125-5.6625
  11 pct protein                              6.0125-6.1625
  11.5 pct protein
    Apr                                       6.2625-6.4125
    May                                       6.2625-6.4125
    Jun                                       6.3050-6.4550
    Jul                                       6.2350-6.3050
    Aug NC                                    6.2100-6.3100
  12 pct protein                              6.3625-6.5625
  13 pct protein                              6.5625-6.8625
_
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                              7.0375-7.2875
  14 pct protein
    Apr                                       7.4375-7.6875
    May                                       7.3875-7.5875
    Jun                                       7.5775
    Jul                                       7.4775-7.5775
    Aug NC                                    NA
  15 pct protein                              7.6775-7.9275
  16 pct protein                              7.9175-8.1675
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Apr                                       5.0700-5.0800
    May                                       5.0300-5.0800
    Jun                                       5.0325-5.0625
    Jul                                       5.0125-5.0325
    Aug                                       5.0350-5.0450
    Sep                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Apr                                       11.4175
    May                                       11.4175
    Jun                                       11.5200-11.5300
    Jul                                       11.5200-11.5500
    Aug                                       NA
    Oct                                       11.4000
_
US 2 Heavy White Oats **                      3.6300
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.5600
  US 1 Hard Red Winter (Ordinary protein)     5.5300
  US 1 Hard Red Winter (11.5% protein)        6.4700
  US 1 Dark Northern Spring (14% protein)     7.3300

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

8:49 P nd