Portland Daily Grain Report

Feb. 15

Bids as of noon Pacific time; subject to change.

March wheat futures trended 1.75 to five cents per bushel lower compared to Thursday’s noon closes.

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 five 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 five 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 1.75 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 February delivery trended one to 15 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 mixed, from three cents lower to 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.

According to the Portland Merchant’s Exchange, there were 27 grain vessels in Columbia River ports today, with six docked.

All bids in dollars per bushel.

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

Ordinary protein

Feb: 6.2000-6.5000 unch

Mar: 6.3000-6.5000 dn 5.00-unch

Apr: 6.3000-6.5000 dn 12.00-unch

May: 6.3000-6.5000 dn 12.00-unch

Jun: 6.3000-6.5000 dn 12.00-unch

Guaranteed maximum 10.5 pct protein

Feb: 6.3000-6.5000 dn 5.00-unch

Mar: 6.3000-6.5000 dn 5.00-unch

Apr: 6.3000-6.5000 dn 15.00-unch

May: 6.3000-6.5000 dn 15.00-unch

Jun: 6.3000-6.5000 dn 15.00-unch

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

Ordinary protein

Feb: 6.2000-6.5000 unch

Guaranteed maximum 10.5 pct protein

Feb: 6.3000-6.5000 dn 5.00-unch

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

Ordinary protein: 6.1050-6.2550 dn 5.00

11 pct protein: 6.2450-6.3950 dn 5.00

11.5 pct protein:

Feb: 6.3150-6.4650 dn 5.00

Mar: 6.3150-6.4650 dn 5.00

Apr: 6.3950-6.5450 dn 3.75

May: 6.3950-6.5450 dn 3.75

Jun: NA

12 pct protein: 6.3150-6.4850 dn 5.00

13 pct protein: 6.3150-6.5250 dn 5.00

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: 6.5300-6.6000 dn 1.75

14 pct protein:

Feb: 6.6800-6.7800 dn 1.75

Mar: 6.7300-6.8800 dn 1.75

Apr: 6.7200-6.7800 dn 0.75

May: 6.7200-6.8100 dn 0.75

Jun: 6.8025-6.8225 dn 2.00

15 pct protein: 6.6800-6.7800 dn 1.75

16 pct protein: 6.6800-6.7800 dn 1.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Feb: 4.9875-4.9975 dn 1.00-15.00

Mar: 4.8875-4.9475 dn 1.00-up 3.00

Apr: 4.8075-4.8275 dn 1.25-0.25

May: 4.7775 dn 0.25

Jun: 4.7750-4.7850 up 1.75-dn 0.25

Jul: 4.7750-4.7850 up 1.75-dn 0.25

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Feb: 9.7550-9.8050 up 4.00-dn 3.00

Mar: 9.7250-9.7650 up 4.00-3.00

Apr: 9.6150 up 3.75

May: 9.6150-9.6650 up 3.75

Jun: 9.8700 up 3.75

Jul: 9.9000 up 3.75

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. 14

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, 10.65

Glenn County, 10.50

CORN US No 2 Yellow

FOB: Turlock/Tulare, 8.96

Rail: Los Angeles-Chino Valley, 8.96-8.98

Truck: Stockton-Modesto-Oakdale-Turlock, 9.26

Kings-Tulare-Fresno Counties 9.26

SORGHUM US No 2 Yellow (Milo)

Rail: Los Angeles-Chino Valley, 8.92

WHEAT Any Class for Feed

FOB: Kings-Tulare-Fresno Counties, 10.00

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