Portland Daily Grain Report

March 1

Bids as of noon Pacific time; subject to change.

March wheat futures trended mixed, from five cents lower to 1.50 cents per bushel higher compared to Thursday’s noon closes. May wheat futures trended mixed, from 2.25 cents lower to 0.25 of a cent per bushel higher, with the greatest decline in Chicago soft red wheat and the advance in Chicago hard red wheat.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for March delivery ordinary protein trended 10 to 15 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 guaranteed maximum 10.5 percent protein trended 10 to 15 cents per bushel lower 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 March delivery trended 0.25 of a cent 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 14 percent protein US 1 Dark Northern Spring Wheat for March delivery trended one cent 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains for March delivery trended 7.25 to 22.25 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 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for March delivery trended 1.25 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 28 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

Mar: 6.0500-6.2000 dn 10.00-15.00

Apr: 6.0500-6.2000 dn 10.00-unch

May: 6.0500-6.2000 dn 10.00-unch

Jun: 6.0500-6.2000 dn 10.00-unch

Aug: NC 5.6000-5.8500 no comp

Guaranteed maximum 10.5 pct protein

Mar: 6.0500-6.2000 dn 10.00-15.00

Apr: 6.0500-6.2000 dn 10.00-unch

May: 6.0500-6.2000 dn 10.00-unch

Jun: 6.0500-6.2000 dn 10.00-unch

Aug: NC 5.6000-5.8500 no comp

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

Ordinary protein

Mar: 6.0500-6.2000 no comp

Guaranteed maximum 10.5 pct protein

Mar: 6.0500-6.2000 no comp

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

Ordinary protein: 5.7375-5.9875 no comp

11 pct protein: 5.8775-6.1275 no comp

11.5 pct protein

Mar: 5.9475-6.1975 up 0.25

Apr: 5.9475-6.1975 up 0.25

May: 5.9475-6.1975 up 0.25

Jun: 6.0325-6.1325 unch

Aug: NC NA

12 pct protein: 5.9475-6.1975 no comp

13 pct protein: 5.9475-6.2075 no comp

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: 6.3825-6.7025 no comp

14 pct protein

Mar: 6.5825-6.7825 dn 1.00

Apr: 6.5825-6.7325 dn 1.00

May: 6.5825-6.7325 dn 1.00

Jun: 6.5775-6.6975 dn 4.50-2.50

Aug: NC NA

15 pct protein: 6.5825-6.7825 no comp

16 pct protein: 6.5825-6.7825 no comp

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Mar: 5.0300-5.3300 up 7.25-22.25

Apr: 4.8100-4.8300 up 2.25

May: 4.7000-4.7300 up 2.25

Jun: 4.7150-4.7550 up 1.00-2.00

Jul: 4.7150-4.7550 unch-up 2.00

Aug: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Mar: 9.6850 up 1.25

Apr: 9.5350 up 1.25

May: 9.5650 up 1.25

Jun: 9.8750 up 3.50-1.50

Jul: 9.9250 up 6.50-1.50

Aug: NA

US 2 Heavy White Oats ** 3.7750 unch

** Not well tested.

Exporter Bids Portland Rail/Barge Jan 2019

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 6.2900

US 1 Hard Red Winter (Ordinary protein): 6.4100

US 1 Hard Red Winter (11.5% protein): 6.5900

US 1 Dark Northern Spring (14% protein): 6.6700

California Weekly Grain Report

Feb. 28

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.

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

Truck: Kings-Tulare-Fresno Counties, 10.00

CORN US No 2 Yellow

FOB: Turlock/Tulare, 8.82

Rail: Los Angeles-Chino Valley, 8.78-8.80

Truck: Petaluma-Santa Rosa, 9.50-10.00

Truck: Stockton-Modesto-Oakdale-Turlock, 9.12

Truck: Kings-Tulare-Fresno Counties, 9.12

Truck: Glenn County, 8.50

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley,8.73-8.75

Truck: Modesto-Oakdale-Turlock, 11.00

WHEAT Any Class for Feed

FOB: Kings-Tulare-Fresno Counties, 9.40-9.50

Truck: Stockton-Modesto-Oakdale-Turlock, 10.50

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