Portland Daily Grain Report

March 8

Bids as of noon Pacific time; subject to change.

March wheat futures trended mixed, from 1.25 cents lower to 4.50 cents per bushel higher compared to Thursday’s noon closes. May wheat futures trended mixed, from 3.75 cents lower to 3.25 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 March 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 March delivery trended 3.25 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 14 percent protein US 1 Dark Northern Spring Wheat for March delivery trended 3.75 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains for March delivery had no recent price comparison available. Some exporters were not issuing bids for nearby delivery.

Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for March delivery trended 6.75 cents per bushel lower compared to Thursday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery.

According to the Portland Merchant’s Exchange, there were 28 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

Mar: 5.9000-6.3000 unch

Apr: 5.9000-6.3000 unch

May: 5.9000-6.3000 unch

Jun: 5.9000-6.3000 unch

Aug: NC 5.6000-6.0000 unch

Guaranteed maximum 10.5 pct protein

Mar: 5.9500-6.3000 up 5.00-unch

Apr: 5.9500-6.3000 up 5.00-unch

May: 5.9500-6.3000 up 5.00-unch

Jun: 5.9500-6.3000 up 5.00-unch

Aug: NC 5.6000-6.0000 unch

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

Ordinary protein

Mar: 5.9000-6.3000 unch

Guaranteed maximum 10.5 pct protein

Mar: 5.9500-6.3000 up 5.00-unch

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

Ordinary protein: 5.5975-5.9975 up 3.25

11 pct protein: 5.7375-6.1375 up 3.25

11.5 pct protein

Mar: 5.8075-6.2075 up 3.25

Apr: 5.8075-6.4075 up 3.25

May: 5.8075-6.4075 up 3.25

Jun: 5.9025-6.1025 up 3.25

Aug: NC NA

12 pct protein: 5.8075-6.2075 up 3.25

13 pct protein: 5.8075-6.2075 up 3.25

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: 6.2925-6.6625 dn 3.75

14 pct protein

Mar: 6.4925-6.7425 dn 3.75

Apr: 6.4925-6.8925 dn 3.75

May: 6.4925-6.8925 dn 3.75

Jun: 6.5125-6.6625 dn 2.75

Aug: NC NA

15 pct protein: 6.4925-6.7425 dn 3.75

16 pct protein: 6.4925-6.7425 dn 3.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Mar: 5.1425-5.3925 no comp

Apr: 4.7425-4.8925 dn 3.00-21.00

May: 4.5925-4.6425 dn 6.00-4.00

Jun: NA

Jul: NA

Aug: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Mar: 9.6575 dn 6.75

Apr: 9.3775 dn 6.75

May: 9.4075 dn 6.75

Jun: 9.7475-9.7675 dn 6.75-4.75

Jul: 9.7775-9.8475 dn 6.75-up 0.25

Aug: NA

US 2 Heavy White Oats: 3.7750 unch

Exporter Bids Portland Rail/Barge Feb 2019

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 6.3600

US 1 Hard Red Winter (Ordinary protein): 6.4000

US 1 Hard Red Winter (11.5% protein): 6.2100

US 1 Dark Northern Spring (14% protein): 6.7000

California Weekly Grain Report

March 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-

BARLEY US No 2 (46-lbs. per bushel)

Truck: Stockton-Modesto-Oakdale-Turlock, 11.00

CORN US No 2 Yellow

FOB: Turlock/Tulare, 9.47 up .65

Rail: Los Angeles-Chino Valley, 8.78-8.70

Truck: Stockton-Modesto-Oakdale-Turlock, 9.77

Truck: Kings-Tulare-Fresno Counties, 9.77

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley via BNSF, 8.63-8.65

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