Portland Daily Grain Report

June 28

July wheat futures trended mixed, from 19.50 cents lower to 2.75 cents per bushel higher compared to Thursday’s noon closes, 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 June delivery ordinary protein trended 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 trended steady compared to Thursday’s noon bids for the same delivery period. Some exporters are not issuing bids for nearby delivery.

Bids for 11.5 percent US 1 Hard Red Winter Wheat for June delivery trended 16.50 cents per bushel lower 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 June delivery trended 2.75 cents per bushel 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 for June delivery were not available as most exporters were not issuing bids for nearby delivery.

Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for June delivery trended 12 cents per bushel higher compared to Thursday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery.

According to the Portland Merchant’s Exchange, there were 13 grain vessels in Columbia River ports today, with three docked.

All bids in dollars per bushel

US 1 Soft White Wheat — delivered by Unit Trains and Barges

Ordinary protein

Jun: 5.7500-6.3000 unch

Jul: 5.7500-6.3000 unch

Aug: NC 5.7500-6.2500 unch

Sep: 5.7500-6.2500 unch

Oct: 6.1500-6.2000 unch

Guaranteed maximum 10.5 pct protein

Jun: 5.7500-6.2000 unch

Jul: 5.7500-6.2000 unch

Aug: NC 5.7500-6.2000 unch

Sep: 5.7500-6.2000 unch

Oct: NA

US 1 White Club Wheat — delivered by Unit Trains and Barges

Ordinary protein

Jun: 5.7500-6.3000 unch

Guaranteed maximum 10.5 pct protein

Jun: 5.7500-6.2000 unch

US 1 Hard Red Winter Wheat — (Exporter bids-falling numbers of 300 or better)

Ordinary protein: 5.8050-5.8550 dn 16.50

11 pct protein: 5.9450-5.9950 dn 16.50

11.5 pct protein:

Jun: 6.0150-6.0650 dn 16.50

Jul: 5.7650-6.0150 dn 16.50

Aug: NC 5.8150-5.8650 dn 20.00

Sep: 5.8150-5.8950 dn 20.00

Oct: NA

12 pct protein: 6.0150-6.0650 dn 16.50

13 pct protein: 6.0150-6.0650 dn 16.50

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: 6.1325-6.3125 up 2.75

14 pct protein:

Jun: 6.2925-6.3925 up 2.75

Jul: 6.2925-6.4425 up 2.75

Aug: NC 6.3425-6.3925 dn 7.25

Sep: 6.3425-6.3925 dn 7.25

Oct: NA

15 pct protein: 6.3425-6.3925 up 2.75

16 pct protein: 6.3425-6.4525 up 2.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jun: NA

Jul: 5.1825-5.2325 dn 21.75-19.75

Aug: 5.2275-5.2475 dn 21.00-24.00

Sep: 5.2475-5.2775 dn 21.00

Oct: 5.1950-5.2650 dn 19.50

Nov: 5.2150-5.2650 dn 19.50

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jun: 9.7475 up 12.00

Jul: 9.7475 up 12.00

Aug: 9.7450 up 10.75

Sep: 9.6000 up 10.75

Oct: 9.5800 up 10.75

Nov: NA

US 2 Heavy White Oats ** 3.7750 unch

** Not well tested.

Exporter Bids Portland Rail/Barge May 2019

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 5.8300

US 1 Hard Red Winter (Ordinary protein): 5.7400

US 1 Hard Red Winter (11.5% protein): 5.9500

US 1 Dark Northern Spring (14% protein): 6.2700

California Weekly Grain Report

June 27

Paid by feed manufacturers and other users, delivered plant or receiving station. All prices are offers for prompt shipment unless otherwise stated.

**Due to limited availability, prices were not available with the exception of the following categories:**

Dollars Per Cwt. Bulk

BARLEY US No 2 (46-lbs. per bushel)

Truck: Stockton-Modesto-Oakdale-Turlock, 10.00

Truck: Kings-Tulare-Fresno Counties Organic, 14.00

Truck: Kern County, 9.00

CORN US No 2 Yellow

Rail: Los Angeles-Chino Valley, 10.51

Truck: Glenn County, 9.65-9.80

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley, 10.48

WHEAT US No 2 or better — Hard Red Winter

(Domestic Values for Flour Milling)

FOB: Kern, 9.25

FOB: Fresno, 9.30

FOB: Merced, 9.15-9.25

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