Portland Daily Grain Report

Dec. 28

Bids as of noon Pacific time; Subject to change.

March wheat futures trended mixed, from 1.75 cents lower to one cent per bushel higher compared to Thursday’s noon closes, with the decline in Minneapolis dark northern spring wheat.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for December 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 December delivery trended one cent 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 December 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 December 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 December delivery were not available as most exporters were not issuing bids for nearby delivery.

According to the Portland Merchant’s Exchange, there were 14 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

Dec: 6.1500-6.3000 unch

Jan: 6.1800-6.3500 unch

Feb: 6.2100-6.3500 unch

Mar: 6.2400-6.3500 unch

Apr: 6.3000-6.3400 unch

Guaranteed maximum 10.5 pct protein

Dec: 6.1500-6.3000 unch

Jan: 6.1800-6.3500 unch

Feb: 6.2100-6.3500 unch

Mar: 6.2400-6.3500 unch

Apr: NA

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

Ordinary protein

Dec: 6.1500-6.3000 unch

Guaranteed maximum 10.5 pct protein

Dec: 6.1500-6.3000 unch

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

Ordinary protein: 6.2000-6.4100 up 1.00

11 pct protein: 6.3400-6.5100 up 1.00

11.5 pct protein

Dec 6.4100-6.5600 up 1.00

Jan: 6.4600-6.5600 up 1.00

Feb: 6.5100-6.5600 up 1.00

Mar: 6.4600-6.5600 up 1.00

Apr: NA

12 pct protein: 6.4100-6.5600 up 1.00

13 pct protein: 6.4100-6.6600 up 1.00

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: 6.3550-6.3750 dn 1.75

14 pct protein

Dec: 6.4550-6.5550 dn 1.75

Jan: 6.4550-6.5550 dn 1.75

Feb: 6.5050-6.6850 dn 1.75

Mar: 6.5550-6.7150 dn 1.75

Apr: NA

15 pct protein: 6.4550-6.5550 dn 1.75

16 pct protein: 6.4550-6.5550 dn 1.75

US 2 Yellow Corn

Shuttle trains-Delivered full coast Pacific Northwest-BN

Dec: NA

Jan: 4.7150-4.7350 unch-dn 4.00

Feb: 4.7850 up 1.00-dn 1.00

Mar: 4.7450-4.7550 unch-up 1.00

Apr: 4.7225-4.7325 no comp

May: 4.7225-4.7325 no comp

US 1 Yellow Soybeans

Shuttle trains-Delivered full coast Pacific Northwest-BN

Dec: NA

Jan: 9.4275-9.5275 up 8.75-18.75

Feb: 9.6050-9.6550 up 8.00-13.00

Mar: 9.6050-9.6550 up 8.00-13.00

Apr: NA

May NA

US 2 Heavy White Oats

** 3.7750 unch

** Not well tested.

Exporter Bids Portland Rail/Barge Nov 2018

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges: 6.2500

US 1 Hard Red Winter (Ordinary protein): 6.1500

US 1 Hard Red Winter (11.5% protein): 6.3500

6.8200

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