Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Thu Mar 08, 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 1.25 cents lower to 1.75 cents
per bushel higher compared to Wednesday�s noon closes.  May wheat futures
trended mixed, from one cent lower to 4.75 cents per bushel higher.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for March delivery ordinary protein trended steady compared to
Wednesday�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 Wednesday�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 one cent per bushel lower than Wednesday�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 4.75 cents per bushel lower than Wednesday�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 6.25 cents per bushel higher than Wednesday�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 mixed, from 1.25 cents lower to 3.75 cents
per bushel higher than Wednesday�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                                       5.4000-5.7800    unch
    Apr                                       5.4000-5.7800    unch
    May                                       5.7000-5.7800    up 0.75-unch
    Jun                                       5.7225-5.7800    up 2.25-unch
    Aug NC                                    5.7300-5.7800    up 2.00-unch
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.2500-5.6500    unch
    Apr                                       5.4000-5.7000    unch
    May                                       5.7000-5.7125    up 0.75-1.25
    Jun                                       5.7225-5.7300    up 2.25-unch
    Aug NC                                    5.7300-5.7375    up 2.00-0.75
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.4500-5.7800    unch
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.2500-5.6500    unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.7825-5.8825    dn 1.00
  11 pct protein                              6.3825-6.6325    dn 1.00
  11.5 pct protein
    Mar                                       6.6825-6.8825    dn 1.00
    Apr                                       6.6825-6.8325    dn 1.00
    May                                       6.6825-6.8325    dn 1.00
    Jun                                       6.8000-6.8500    dn 1.00
  12 pct protein                              6.8325-7.0325    dn 1.00
  13 pct protein                              7.1325-7.3325    dn 1.00
_
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                              6.9175-7.1475    up 4.75
  14 pct protein
    Mar                                       7.3975-7.5475    up 4.75
    Apr                                       7.3975-7.5475    up 4.75
    May                                       7.4475-7.5475    up 4.75
    Jun                                       7.4275-7.5775    up 5.00
 15 pct protein                               7.7175-7.8675    up 4.75
 16 pct protein                               8.0275-8.1875    up 4.75
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       4.8850-5.0350    up 6.25
    Apr                                       4.7850-4.9850    up 6.25-11.25
    May                                       4.7350-4.9350    up 6.25-8.25
    Jun                                       4.8550-4.9550    up 7.00-9.00
    Jul                                       4.8050-4.8350    up 11.00-6.00
    Aug                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       11.4400-11.5400  dn 1.25-up 3.75
    Apr                                       11.5600          up 2.75-dn 1.25
    May                                       11.5400-11.5600  up 0.75
    Jun                                       11.6100          up 4.00-dn 1.00
    Jul                                       11.6100-11.6300  up 2.00-1.00
    Oct                                       11.3500          up 0.50
_
US 2 Heavy White Oats **                      3.1925           unch
 ** 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

13:02P nd