Portland Daily Grain Report

May 3

May wheat futures trended steady to 5.75 cents per bushel lower compared to Thursday’s noon closes. July wheat futures trended 3.50 to six cents per bushel higher 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 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 5.00 cents per bushel higher 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 8.50 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 14 percent protein US 1 Dark Northern Spring Wheat for May delivery trended 9.75 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 May delivery trended 0.25 of a cent to 2.25 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 May delivery were not available as most exporters were not issuing bids for nearby delivery.

According to the Portland Merchant’s Exchange, there were 16 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: 5.6000-5.9000 unch

Jun: 5.6800-5.9000 unch

Jul: 5.6000-5.7000 unch-up 4.00

Aug: NC 5.6000-5.7000 unch

Sep: NA

Guaranteed maximum 10.5 pct protein

May: 5.7500-5.9000 up 5.00-unch

Jun: 5.7500-5.9000 unch

Jul: 5.6000 unch

Aug: NC 5.6000-5.7000 unch

Sep: NA

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

Ordinary protein

May: 5.6000-5.9000 unch

Guaranteed maximum 10.5 pct protein

May: 5.7500-5.9000 up 5.00-unch

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

Ordinary protein: 5.4050-5.6550 up 8.50

11 pct protein: 5.5450-5.7950 up 8.50

11.5 pct protein

May: 5.6150-5.8650 up 8.50

Jun: 5.4150-5.8150 dn 3.50

Jul: 4.8650-5.3650 dn 3.50

Aug: NC 4.9750-5.2250 dn 3.75

Sep: NA

12 pct protein: 5.6150-5.8650 up 8.50

13 pct protein: 5.6150-5.8650 up 8.50

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: 6.0000-6.0700 up 9.75

14 pct protein

May: 6.1500-6.2000 up 9.75

Jun: 6.1000-6.1500 dn 5.75

Jul: 6.0500-6.1500 dn 5.75

Aug: NC 6.0300-6.1800 dn 6.25

Sep: NA

15 pct protein: 6.1500-6.2000 up 9.75

16 pct protein: 6.1500-6.2000 up 9.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

May: 4.7475-4.7675 up 2.25-0.25

Jun: 4.6375-4.6675 up 1.25-dn 1.75

Jul: 4.6075 up 0.25

Aug: NA

Sep: NA

Oct: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

May: NA

Jun: 9.0225 dn 1.00

Jul: 9.0925 dn 1.00

Aug: 9.1675 dn 0.75

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 2

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: Colusa County, 10.75

CORN US No 2 Yellow

Rail: Los Angeles-Chino Valley, 9.40

Truck: Glenn County, 8.45-9.00

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley, 9.33

WHEAT Any Class for Feed

Truck: Stockton-Modesto-Oakdale-Turlock, 10.75

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