Portland Daily Grain Report

May 10

May wheat futures trended 1.25 to 10.75 cents per bushel lower compared to Thursday’s noon closes. July wheat futures trended 0.25 to 10.75 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 May delivery ordinary protein trended steady to five 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 steady to five 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 May delivery trended 10.75 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 May delivery trended 0.25 of a 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 May delivery trended 1.50 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 US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for May delivery were not available as most exporters were not issuing bids for nearby delivery.

According to the Portland Merchant’s Exchange, there were 11 grain vessels in Columbia River ports today, with four docked.

All bids in dollars per bushel

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

Ordinary protein

May: 5.7500-5.8000 unch-dn 5.00

Jun: 5.7500-5.8700 unch

Jul: 5.6000-5.8700 unch

Aug: NC 5.6000-5.8000 unch

Sep: 5.7500-5.8000 unch

Guaranteed maximum 10.5 pct protein

May: 5.7500-5.8000 unch-dn 5.00

Jun: 5.7500-5.8000 unch-dn 5.00

Jul: 5.6000-5.7500 unch

Aug: NC 5.6000-5.7500 unch

Sep: NA

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

Ordinary protein

May: 5.7500-5.8000 unch-dn 5.00

Guaranteed maximum 10.5 pct protein

May: 5.7500-5.8000 unch-dn 5.00

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

Ordinary protein: 5.2600-5.4600 dn 10.75

11 pct protein: 5.4000-5.6000 dn 10.75

11.5 pct protein

May: 5.4700-5.6700 dn 10.75

Jun: 5.2700-5.6200 dn 10.75

Jul: 4.7200-5.2200 dn 10.75

Aug: NC 4.8300-5.1800 dn 10.50

Sep: NA

12 pct protein: 5.4700-5.6700 dn 10.75

13 pct protein: 5.4700-5.6700 dn 10.75

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: 6.0200-6.0900 dn 0.25

14 pct protein

May: 6.1700-6.2200 dn 0.25

Jun: 6.0700-6.1200 dn 0.25

Jul: 6.0700-6.1200 dn 0.25

Aug: NC 6.0550-6.2050 dn 0.25

Sep: NA

15 pct protein: 6.1700-6.2200 dn 0.25

16 pct protein: 6.1700-6.2200 dn 0.25

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

May: 4.5675-4.5975 dn 1.50

Jun: 4.4675-4.5175 up 0.50-1.50

Jul: 4.4175 dn 1.50

Aug: NA

Sep: NA

Oct: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

May: NA

Jun: 8.6925 dn 3.50

Jul: 8.7625-8.7725 dn 3.50

Aug: 8.8375 dn 3.75

Sep: NA

Oct: NA

US 2 Heavy White Oats ** 3.7750 unch

** Not well tested.

Exporter Bids Portland Rail/Barge Apr 2019

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 5.9300

US 1 Hard Red Winter (Ordinary protein): 5.8300

US 1 Hard Red Winter (11.5% protein): 6.0300

US 1 Dark Northern Spring (14% protein): 6.3200

California Weekly Grain Report

May 9

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)

FOB: Kings-Tulare-Fresno Counties, 9.00

Truck: Stockton-Modesto-Oakdale-Turlock, 11.00

CORN US No 2 Yellow

FOB: Turlock/Tulare, 8.81

Truck: Stockton-Modesto-Oakdale-Turlock, 9.11

Truck: Kings-Tulare-Fresno Counties, 9.11

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley via BNSF, 9.02

WHEAT Any Class for Feed

FOB: Kings-Tulare-Fresno Counties, 8.75

Truck: Stockton-Modesto-Oakdale-Turlock, 10.75

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