Portland Daily Grain Report

July 5

Noon bids. July wheat futures trended mixed, from 6.25 cents lower to three cents per bushel higher compared to Wednesday’s noon closes. September wheat futures trended mixed, from 6.75 cents lower to 1.50 cents per bushel higher, with the decline in Minneapolis dark northern spring wheat and the greatest advance in Chicago hard red wheat.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for July delivery ordinary protein trended steady compared to Wednesday’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 Wednesday’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 July delivery trended 1.50 cents per bushel higher compared to Wednesday’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 July delivery trended 6.75 cents per bushel lower compared to Wednesday’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 July delivery trended five to eight cents per bushel higher compared to Wednesday’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 July 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 one docked.

All bids in dollars per bushel

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

Ordinary protein:

Jul: 5.7500-6.0800 unch

Aug: NC 5.7500-6.0800 unch

Sep: 5.7500-6.0800 unch

Oct: 6.0200-6.0800 unch

Nov: 6.0400-6.0500 unch

Guaranteed maximum 10.5 pct protein

Jul: 5.7500-6.0800 unch

Aug: NC 5.7500-6.0800 unch

Sep: 5.7500-6.0800 unch

Oct: 6.0500-6.0800 unch

Nov: NA

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

Ordinary protein:

Jul: 5.7500-6.0800 unch

Guaranteed maximum 10.5 pct protein:

Jul: 5.7500-6.0800 unch

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

Ordinary protein: 5.3925-5.5425 up 1.50

11 pct protein: 5.5325-5.6825 up 1.50

11.5 pct protein:

Jul: 5.6025-5.7525 up 1.50

Aug: NC 5.6025-5.7525 up 1.50

Sep: 5.6025-5.7825 up 1.50

Oct: 5.8150-5.8650 up 1.00

Nov: NA

12 pct protein: 5.6025-5.7725 up 1.50

13 pct protein: 5.6025-5.8125 up 1.50

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: 5.9225-6.0525 dn 6.75

14 pct protein:

Jul: 6.0825-6.1325 dn 6.75

Aug: NC 6.1325 dn 6.75

Sep: 6.1325-6.1825 dn 6.75

Oct: 6.3325-6.6825 dn 6.00

Nov: NA

15 pct protein: 6.1325-6.1625 dn 6.75

16 pct protein: 6.1325-6.2425 dn 6.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jul: 5.3700-5.4100 up 8.00-5.00

Aug: 5.3675 up 2.00

Sep: 5.3875-5.4175 up 2.00

Oct: 5.3425-5.3725 up 1.00

Nov: 5.3425-5.3725 up 1.00

Dec: 5.3725-5.4725 up 1.00

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jul: NA

Aug: NA

Sep: NA

Oct: NA

Nov: NA

Dec: NA

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

Exporter Bids Portland Rail/Barge: Jun 2019

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 5.9800

US 1 Hard Red Winter (Ordinary protein): 6.0300

US 1 Hard Red Winter (11.5% protein): 6.2400

US 1 Dark Northern Spring (14% protein): 6.3800

Recommended for you