Portland Daily Grain Report

Jan. 18

Bids as of 12:00 p.m. Pacific time; Subject to change March wheat futures trended steady to 2.25 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 January delivery ordinary protein trended steady to three 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 guaranteed maximum 10.5 percent protein trended steady to three 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 January delivery trended two 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 January delivery trended 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 2 Yellow Corn delivered full coast in 110 car shuttle trains for January 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 January delivery were not available as most exporters were not issuing bids for nearby delivery.

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

Jan: 6.1000-6.3800 unch-up 3.00

Feb: 6.2100-6.4000 unch-up 5.00

Mar: 6.2400-6.4000 unch-up 5.00

Apr: 6.3000-6.4000 unch-up 5.00

May: 6.3000-6.4000 unch-up 5.00

Guaranteed maximum 10.5 pct protein

Jan: 6.1800-6.3800 unch-up 3.00

Feb: 6.2100-6.4000 unch-up 5.00

Mar: 6.2400-6.4000 unch-up 5.00

Apr: NA

May: NA

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

Ordinary protein

Jan: 6.1000-6.3800 unch-up 3.00

Guaranteed maximum 10.5 pct protein

Jan: 6.1800-6.3800 unch-up 3.00

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

Ordinary protein: 6.4000-6.5100 up 2.00

11 pct protein: 6.5400-6.6100 up 2.00

11.5 pct protein:

Jan: 6.6100-6.6600 up 2.00

Feb: 6.6600 up 2.00

Mar: 6.6100-6.6600 up 2.00

Apr: NA

May: NA

12 pct protein: 6.6100-6.6600 up 2.00

13 pct protein: 6.6100-6.6900 up 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: 6.5625-6.5925 up 2.25

14 pct protein

Jan: 6.6425-6.7925 up 2.25

Feb: 6.6925-6.7925 up 2.25

Mar: 6.7425-6.8525 up 2.25

Apr: NA

May: NA

15 pct protein: 6.6425-6.7925 up 2.25

16 pct protein: 6.6425-6.7925 up 2.25

US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: NA

Feb: 4.7175-4.7875 dn 5.25-up 0.75

Mar: 4.7875-4.8175 up 1.75-0.75

Apr: 4.8100-4.8200 up 2.00-1.00

May: 4.8100 up 2.00-unch

Jun: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: NA

Feb: NA

Mar: NA

Apr: NA

May: NA

Jun: NA

US 2 Heavy White Oats

3.7750 unch Not well tested.

Exporter Bids Portland Rail/Barge Dec 2018

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 6.2300

US 1 Hard Red Winter (Ordinary protein): 6.4400

US 1 Hard Red Winter (11.5% protein): 6.6600

US 1 Dark Northern Spring (14% protein): 6.8200

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