Portland Daily Grain Report

Jan. 25

Bids as of noon Pacific time; subject to change.

March wheat futures trended 1.50 to two cents per bushel lower compared to Thursday’s noon closes.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for January 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 January delivery trended two 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 January delivery trended 1.50 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 January 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 January delivery were not available as most exporters were not issuing bids for nearby delivery.

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

All bids in dollars per bushel

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

Jan: 6.1500-6.4500 unch

Feb: 6.2100-6.5300 unch

Mar: 6.2400-6.5300 unch

Apr: 6.5000-6.5300 unch

May: 6.5000-6.5300 unch

Guaranteed maximum 10.5 pct protein

Jan: 6.1800-6.4500 unch

Feb: 6.2100-6.5000 unch

Mar: 6.2400-6.5000 unch

Apr: NA

May: NA

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

Ordinary protein

Jan: 6.1500-6.4500 unch

Guaranteed maximum 10.5 pct protein

Jan: 6.1800-6.4500 unch

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

Ordinary protein: 6.3850-6.5450 dn 2.00

11 pct protein: 6.5250-6.6450 dn 2.00

11.5 pct protein:

Jan: 6.5950-6.6950 dn 2.00

Feb: 6.6450-6.6950 dn 2.00

Mar: 6.6950-6.7450 dn 2.00

Apr: 6.6950-6.7950 dn 1.50

May: 6.7250-6.8450 dn 1.50

12 pct protein: 6.5950-6.6950 dn 2.00

13 pct protein: 6.5950-6.7250 dn 2.00

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: 6.5175-6.5975 dn 1.50

14 pct protein:

Jan: 6.5975-6.7975 dn 1.50

Feb: 6.6975-6.7975 dn 1.50

Mar: 6.7475-6.8575 dn 1.50

Apr: 6.8250-6.8850 dn 2.25

May: 6.8750-6.9150 dn 2.25

15 pct protein: 6.5975-6.7975 dn 1.50

16 pct protein: 6.5975-6.7975 dn 1.50

US 2 Yellow Corn: Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: NA

Feb: 4.7025-4.7325 no comp

Mar: 4.7725-4.8025 up 3.25-6.25

Apr: 4.8275-4.8375 up 4.25

May: 4.7875-4.8175 up 1.25-4.25

Jun: NA

US 1 Yellow Soybeans: Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: NA

Feb: NA

Mar: NA

Apr: NA

May: NA

Jun: NA

US 2 Heavy White Oats: 3.7750 unch (Not well tested)

Exporter Bids Portland Rail/Barge Dec 2018

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 6.2300

US 1 Hard Red Winter (Ordinary protein): 6.4400

US 1 Hard Red Winter (11.5% protein): 6.6600

US 1 Dark Northern Spring (14% protein): 6.8200

California Grain

Jan. 25

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

Dollars Per Cwt. (Bulk)

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

Truck: Colusa County; 10.65 no comp

CORN US No 2 Yellow

FOB: Turlock/Tulare; 8.89 dn .02

Rail: Los Angeles-Chino Valley: 9.02 dn .07

Truck: Stockton-Modesto-Oakdale-Turlock: 9.20 dn .01

Kings-Tulare-Fresno Counties; 9.20 dn .01

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