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West Coast grain price report

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during April for ordinary protein trended one to two cents per bushel lower compared to week ago prices for the same delivery period from 5.80-5.90.

Published on April 20, 2018 2:12PM


Grains are stated in dollars per bushel or hundredweight (cwt.) except feed grains traded in dollars per ton. National grain report bids are for rail delivery unless truck indicated.

PORTLAND GRAIN

(USDA Market News)

Portland

April 19

Pacific Northwest Market Summary: Cash wheat bids for April delivery ended the reporting week on Thursday, April 19, were mixed, mostly lower, compared to week

ago noon bids for April delivery.

May wheat futures ended the reporting week on Thursday, April 19, lower as follows compared to week ago closes: Chicago wheat futures were 4.25 cents lower at 4.7675, Kansas City wheat futures were 12.25 cents lower at 4.9525 and Minneapolis wheat futures trended 9.75 cents lower at 6.1325. Chicago May corn futures trended 6.75 cents lower at 3.82 and May soybean futures closed 23.25 cents lower at 10.3725.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during April for ordinary protein trended one to two cents per bushel lower compared to week ago prices for the same delivery period from 5.80-5.90. Some exporters were not issuing bids for nearby delivery.

White club wheat premiums were zero cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat any protein for April delivery by unit trains and barges to Portland were 4.39-4.75 and bids for White Club Wheat were 4.39-4.80.

Forward month bids for soft white wheat ordinary protein were as follows: May 5.8175-5.90, June 5.85-5.8775, July 5.75-5.87 and August New Crop

5.50-5.7850.

One year ago, forward month bids for soft white wheat for any protein were as follows: May 4.39-4.75, June 4.4450-4.75, July 4.4450-4.6950 and August New

Crop 4.4850-4.6850.

Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during April trended steady to two cents per bushel lower than week ago prices for the same delivery period from 5.80-5.90. Some exporters were not issuing bids for

nearby delivery.

White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat this week were zero cents per bushel over soft white wheat bids this week and last week.

One year ago bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein for April delivery by unit trains and barges to Portland were 4.39-4.75 and bids for White Club Wheat were 4.39-4.79.

Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: May 5.8175-5.90, June 5.85-5.8775, July 5.75-5.8275 and August New Crop 5.50-5.7850.

One year ago, forward month bids for soft white wheat for any protein were as follows: May 4.39-4.75, June and July 4.4450-4.75 and August New Crop 4.4850-4.75.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April delivery trended 12.25 cents per bushel lower than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. This week, bids were as follows: April and May 6.4025-6.5525, June 6.4450-6.5950, July 6.3750-6.4450 and August New Crop 6.3350-6.4350.

Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during April trended 9.75 cents per bushel lower than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery.

This week, bids for non-guaranteed 14 percent protein were as follows: April 7.4825-7.7325, May 7.4325-4.6325, June 7.5925, July 7.4925-7.5925 and August New Crop 7.49-7.54.

Coarse feeding grains: Bids for US 2 Yellow Corn delivered full coast Pacific Northwest - BN shuttle trains for April delivery trended mixed, from 6.75 cents lower to 3.25 cents per bushel higher than week ago bids for the same delivery period at 5.05-5.22.

Some exporters were not issuing bids for nearby delivery.

Forward month corn bids were as follows: May 5.00-5.12, June 5.07-5.11, July 5.03-5.06 and August 5.0550-5.0650. Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for April delivery trended 13.50 to 15.50 cents per bushel lower than week ago bids for the same delivery period from 11.3525-11.3725. Some exporters were not issuing bids for nearby delivery.

Forward month soybean bids were as follows: May 11.3225, June and July 11.39-11.44 and October 11.3550-11.3850. Bids for US 2 Heavy White Oats for April delivery trended steady at 3.63 per bushel.

Outstanding Export Sales: Outstanding U.S. white wheat export sales can be found at the following link: https://apps.fas.usda.gov/export-sales/wheat.htm

Outstanding U.S. barley export sales can be found at the following link: https://apps.fas.usda.gov/export-sales/barley.htm

Pacific Northwest Export News: There were 28 grain vessels in Columbia River ports on Thursday, April 19, with five docked compared to 28 last week with seven docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA.

California Weekly

Grain Report

April 19

Only one transaction was reported for the week.

WHEAT Any Class for Feed

Stockton-Modesto-

Oakdale-Turlock 10.25 Del



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