Grains are stated in dollars per bushel or hundredweight (cwt.) except feed grains traded in dollars per ton. National grain report bids are for rail delivery unless truck indicated.

PORTLAND GRAIN

(USDA Market News)

Portland

March 20

PACIFIC NORTHWEST MARKET SUMMARY

Cash wheat bids for March delivery ended the reporting week on Thursday, March 19, mixed, compared to March 13 noon bids for March delivery. Bids for dark northern spring wheat trended higher, soft white wheat trended steady to higher and hard red winter wheat trended mixed.

May wheat futures ended the reporting week on Thursday, March 19, higher follows compared to March 13 closes: Chicago May wheat futures 4.75 cents higher at $5.12, Kansas City 3.75 cents higher at $5.5025 and Minneapolis wheat futures trended 3.25 cents higher at $5.7275. Chicago May corn futures trended 15 cents lower at $3.7350 while May soybean futures closed 28.75 cents lower at $9.6175.

Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains or barges during March for ordinary protein were steady to 4.75 cents per bushel higher from $6.25 to 6.52, mostly $6.3850 compared to March 13 noon bids for March delivery of $6.25-6.4725, mostly $6.3625.

White club wheat premiums for ordinary protein nearby delivery were 2.40 for this week compared to 2.40 last week.

One year ago bids for U.S. 1 Soft White Wheat any protein for March delivery by unit trains and barges to Portland were $7.50-7.9075, mostly $7.7050 and bids for White Club Wheat were $8-8.4075, mostly $8.2050. Nearby bids for U.S. 1 Soft White wheat ordinary protein started the reporting week on March 14 at mostly $6.3350, then moved higher to mostly $6.3950 on March 16.

On March 17, bids moved lower to mostly $6.3425 and on March 18 moved higher to mostly $6.38. March 19 (Thursday), bids moved higher to mostly $6.3850. Several exports are not issuing bids for nearby delivery.

Forward month bids for soft white wheat ordinary protein were as follows: April $6.25-6.52, May $6.25-6.52, June not available and August New Crop $6.14-6.1475. One year ago, forward month bids for soft white wheat for any protein were as follows: April and May $7.50-7.9075, June $7.77-7.87 and August New Crop $7.5875-7.8375.

Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 percent protein during March trended mixed, from 0.25 lower to 4.75 cents per bushel higher from $7.12-7.37, mostly $7.2825 per bushel compared to last week ranging from $7.0725-7.3725, mostly $7.2675. The white club wheat premiums for guaranteed 10.5 percent protein this week were $2 to $2.40, mostly $2.24 compared to the previous week’s from $2 to $2.40, mostly $2.24. Nearby bids for U.S. 1 Soft White Wheat guaranteed 10.5 percent protein began the week on March 14 at mostly $7.2325, than moved higher to mostly $7.2850 on March 16, dropping lower on March 17 to mostly $7.4225 and returning higher to mostly $7.2850 on March 18. March 19, Thursday bids were fractionally lower at mostly $7.2825.

Forward month bids for soft white wheat guaranteed 10.5 percent protein were as follows: April $7.32-7.42, May $7.37-7.42, June $6.9575-7.4575 and August New Crop 5.9975-6.35.

Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for March delivery were mixed, from $6.25 lower to 3.75 cents per bushel higher compared to last Thursday’s noon bids. On Thursday, bids were as follows: March $6.5025-6.7025, mostly $6.6025; April $6.5025-6.7525; May $6.5025-6.8025; June $6.71-6.76 and August New Crop $6.4750-6.6750.

Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark Northern Spring Wheat for Portland delivery for March delivery were 3.25 cents per bushel higher compared to March 12 noon bids in lining up with the higher Minneapolis May wheat futures. On March 19, bids for non-guaranteed 14 percent protein were as follows: March $8.3275-8.9775, mostly $8.8275; April and May $8.3275-8.9775; June $8.0225-9.0725 and August New Crop $7.10-7.35.

COARSE FEEDING GRAINS

Bids for U.S. 2 Yellow Corn delivered full coast Pacific Northwest - BN 110-car shuttle trains for March delivery were $4.7750-4.8150 per bushel. Forward month corn bids for April were $4.6950-4.7650, May were $4.6650-4.6850, June/July were $4.6550-4.6850 and October and November were $4.81-4.84. Bids for U.S. 1 Yellow Soybeans delivered full coast Pacific Northwest - BN 110-car shuttle trains for March delivery were $10.6675-10.7675 per bushel. Forward month soybean bids for April and May were not available, September were $10.5575-10.5875, October were $10.4025-10.4125 and November were $10.4225-10.4625. Bids for U.S. 2 Heavy Wheat Oats for March delivery held steady at $3.8475 per bushel.

PACIFIC NORTHWEST EXPORT NEWS

There were 10 grain vessels in Columbia River ports on Thursday, March 19, with four docked compared to 14 last Thursday with five docked. There were no new confirmed Commodity Credit Corporation sales for Pacific Northwest loadout.

CALIFORNIA GRAINS

(USDA Market News)

Portland

March 20

Prices in dollars per cwt., bulk Inc.= including; Nom.= nominal; Ltd.= limited; Ind.= indicated; NYE=Not fully estimated.

GRAIN DELIVERED

Mode Destination Price per cwt.

BARLEY - U.S. No. 2 (46-lbs. per bushel)

Rail Stockton-Modesto-Oakdale-Turlock $9.30

Tulare County NA

Truck Petaluma-Santa Rosa $11.25

Stockton-Modesto-Oakdale-Turlock $11.25

Kings-Tulare-Fresno Counties $11.25

Madera County NA

Kern County NA

Glenn County NA

Colusa County NA

Solano County NA

CORN - U.S. No. 2 Yellow

FOB Turlock $8.99

FOB Tulare $8.99

Rail Single Car Units via BNSF

Chino Valley-Los Angeles $9.35-9.53

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-Oakdale-Turlock $9.29

Los Angeles-Chino Valley NA

Kings-Tulare-Fresno Counties $9.29

SORGHUM - U.S. No. 2 Yellow

Rail Los Angeles-Chino Valley

via BNSF Single $10.99-11.03

Truck Modesto-Oakdale-Turlock NA

OATS - U.S. No. 1 White

Truck Los Angeles-Chino Valley $15.60

OATS - U.S. No. 2 White

Truck Petaluma NA

Rail Petaluma NA

WHEAT - U.S. No. 2 or better - Hard Red Winter

(Domestic Values for Flour Milling)

Los Angeles 12 percent Protein $13.14

Los Angeles 13 percent Protein $13.34

Los Angeles 14 percent Protein $13.54

Truck/Rail Los Angeles 11-12 percent Protein

Los Angeles 12 percent Protein $12.17

Los Angeles 13 percent Protein NA

Los Angeles 14 percent Protein NA

WHEAT - U.S. Durum Wheat

Truck Imperial County NA

Kings-Tulare-Fresno Counties NA

WHEAT - Any Class for Feed

FOB Tulare NA

Truck/Rail Los Angeles-Chino Valley $12-12.85

Truck Petaluma-Santa Rosa NA

Stockton-Modesto-Oakdale-Turlock $12.25

King-Tulare-Fresno Counties $10.90-11

Merced County NA

Colusa County NA

Kern County NA

Prices paid to California farmers, seven-day reporting period ending March 19:

No confirmed sales.

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