Portland Daily Grain Report

May 24

July wheat futures trended 13.75 to 19.25 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 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 16.75 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 14 percent protein US 1 Dark Northern Spring Wheat for May delivery trended 13.75 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 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 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 three docked.

All bids in dollars per bushel

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

Ordinary protein:

May: 5.7500-6.0500 unch

Jun: 5.7500-6.0500 unch

Jul: 5.7500-6.0500 unch

Aug: NC 5.7500-5.9500 unch

Sep: 5.7500-5.9500 unch

Guaranteed maximum 10.5 pct protein:

May: 5.7500-6.0500 unch

Jun: 5.7500-6.0500 unch

Jul: 5.7500-6.0500 unch

Aug: NC 5.7500-5.9500 unch

Sep: 5.7500-5.9500 unch

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

Ordinary protein:

May: 5.7500-6.0500 unch

Guaranteed maximum 10.5 pct protein

May: 5.7500-6.0500 unch

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

Ordinary protein: 5.9100-6.0100 up 16.75

11 pct protein: 6.0500-6.1500 up 16.75

11.5 pct protein:

May: 6.1200-6.2200 up 16.75

Jun: 6.1200-6.1700 up 16.75

Jul: 5.7700-6.1200 up 16.75

Aug: NC 5.6825-5.8325 up 16.50

Sep: NA

12 pct protein: 6.1200-6.1900 up 16.75

13 pct protein: 6.1200-6.2300 up 16.75

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: 6.1300-6.4000 up 13.75

14 pct protein

May: 6.3300-6.4800 up 13.75

Jun: 6.3300-6.3800 up 13.75

Jul: 6.2800-6.3800 up 13.75

Aug: NC 6.3500-6.4000 up 12.75

Sep: NA

15 pct protein: 6.3300-6.4800 up 13.75

16 pct protein: 6.3300-6.4800 up 13.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN May NA

Jun: 4.8225-4.9125 up 14.50-16.50

Jul: 4.7925-4.9025 up 14.50-20.50

Aug: 4.8750 up 14.00

Sep: 4.8750 up 14.00

Oct: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

May: NA

Jun: NA

Jul: 8.8475 up 8.25

Aug: 8.9150 up 8.25

Sep: 8.7625 up 8.00

Oct: 8.8125 up 8.00

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 23

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, 9.50

Truck: Stockton-Modesto-Oakdale-Turlock, Jun-Jul 11.00

CORN US No 2 Yellow

FOB: Turlock/Tulare, 9.46

Rail: Los Angeles-Chino Valley, 9.46

Rail: Kings-Tulare-Fresno, 8.65

Truck: Stockton-Modesto-Oakdale-Turlock, 9.76

Truck: Kings-Tulare-Fresno Counties, 9.76

Truck: Glenn County, 8.55-8.80

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley, 9.42

WHEAT Any Class for Feed

FOB: Kings-Tulare-Fresno Counties, 9.25-9.35

Recommended for you