Portland Daily Grain Report

Jan. 4

Bids as of 12:00 p.m. Pacific time; subject to change.

March wheat futures trended 2.50 to five 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 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 one cent 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 2.50 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 five 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 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 January delivery trended mixed, from 4.50 cents lower to 5.50 cents per bushel higher than 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 13 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

Jan: 6.1500-6.3500 unch

Feb: 6.2100-6.3500 unch

Mar: 6.2400-6.3500 unch

Apr: 6.2800-6.3500 unch-up 5.00

May: 6.2800-6.3500 unch-up 3.00

Guaranteed maximum 10.5 pct protein

Jan: 6.1800-6.3500 unch

Feb: 6.2100-6.3500 unch

Mar: 6.2400-6.3500 unch

Apr: NA

May: NA

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

Ordinary protein

Jan: 6.1500-6.3500 unch

Guaranteed maximum 10.5 pct protein

Jan 6.1800-6.3500 unch

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

Ordinary protein: 6.3300-6.5100, up 2.50

11 pct protein: 6.4900-6.6100, up 2.50

11.5 pct protein

Jan: 6.5600-6.6600 up 2.50

Feb: 6.6100-6.6600 up 2.50

Mar: 6.5600-6.6600 up 2.50

Apr: NA

May: NA

12 pct protein: 6.5600-6.6800, up 2.50

13 pct protein: 6.5600-6.7800, up 2.50

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: 6.5525-6.5725, up 5.00

14 pct protein

Jan: 6.6525-6.7525 up 5.00

Feb: 6.7025-6.8825 up 5.00

Mar: 6.7525-6.9125 up 5.00

Apr: NA

May: NA

15 pct protein: 6.6525-6.7525, up 5.00

16 pct protein: 6.6525-6.7525, up 5.00

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: 4.6800-4.7300 no comp

Feb: 4.8100 up 1.25

Mar: 4.7600-4.7800 no comp

Apr: 4.8000-4.8100 up 2.50

May: 4.8000-4.8100 up 2.50

Jun: NA

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Jan: 9.5950-9.7450 up 9.25

Feb: 9.8650 up 8.75-6.75

Mar: 9.8650 up 8.75

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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