Portland Daily Grain Report

Feb. 8

Bids as of noon Pacific time; subject to change.

March wheat futures trended mixed, from two cents lower to four cents per bushel higher compared to Thursday’s noon closes, with the decline in Chicago hard red wheat.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for February 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 two 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 February 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 February delivery trended four 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 February delivery trended 0.75 of a cent to 2.75 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 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for February 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 21 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

Feb: 6.3500-6.5800 unch

Mar: 6.3500-6.5800 unch

Apr: 6.4000-6.5800 dn 10.00-unch

May: 6.4000-6.5800 dn 10.00-unch

Jun: 6.4000-6.5800 dn 10.00-unch

Guaranteed maximum 10.5 pct protein

Feb: 6.3500-6.5000 unch-dn 2.00

Mar: 6.3500-6.5000 unch-dn 2.00

Apr: 6.4000-6.5000 dn 10.00-2.00

May: 6.4000-6.5000 dn 10.00-2.00

Jun: 6.4000-6.5000 dn 10.00-2.00

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

Ordinary protein

Feb: 6.3500-6.5800 unch

Guaranteed maximum 10.5 pct protein

Feb: 6.3500-6.5000 unch-dn 2.00

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

Ordinary protein: 6.2825-6.4325 dn 2.00

11 pct protein: 6.4225-6.5725 dn 2.00

11.5 pct protein:

Feb: 6.4925-6.6425 dn 2.00

Mar: 6.4925-6.6425 dn 2.00

Apr: 6.5625-6.7125 dn 2.50

May: 6.5625-6.7125 dn 2.50

Jun: NA

12 pct protein: 6.4925-6.6625 dn 2.00

13 pct protein: 6.4925-6.7025 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: 6.4850-6.5550 up 4.00

14 pct protein:

Feb: 6.6350-6.7350 up 4.00

Mar: 6.6850-6.7950 up 4.00

Apr: 6.7400-6.8000 up 1.00

May: 6.7400-6.8300 up 1.00

Jun: NA

15 pct protein: 6.6350-6.7350 up 4.00

16 pct protein: 6.6350-6.7350 up 4.00

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN Feb 4.8125-4.8425 up 0.75-2.75 Mar 4.7925-4.8125 dn 2.25-0.25

Apr: 4.8025 dn 1.00

May: 4.7525-4.7825 dn 3.00-1.00

Jun: NA

Jul: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Feb: 9.7450 up 1.25

Mar: 9.7250-9.7450 up 2.25-1.25

Apr: 9.6875 up 1.50

May: 9.6875-9.7375 up 1.50

Jun: 9.9825-10.0025 up 0.25-1.25

Jul: 10.0025-10.0225 dn 0.75-up 1.25

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. 7

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

CORN US No 2 Yellow

FOB: Turlock/Tulare, 8.94

Rail: Los Angeles-Chino Valley, 8.99-9.01

Truck: Stockton-Modesto-Oakdale-Turlock, 9.24

Truck: Kings-Tulare-Fresno Counties 9.24

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley, 8.96

Recommended for you