Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Tue Feb 13, 2018    USDA Market News

Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change

   March wheat futures trended three to 8.25 cents per bushel lower
compared to Monday�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 to 3.25 cents
per bushel lower compared to Monday�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 3.25 cents
per bushel lower compared to Monday�s noon bids for nearby delivery.  Some
exporters are not issuing bids for nearby delivery.

   Bids for 11.5 percent US 1 Hard Red Winter Wheat for February delivery
trended three cents per bushel lower than Monday�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 8.25 cents per bushel lower than Monday�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 mixed, from 0.25 of a cent lower to 3.75
cents per bushel higher than Monday�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 were ten cents per bushel higher than Monday�s
noon bids for the same delivery period.  Some exporters were not issuing
bids for nearby delivery.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                       5.3000-5.4875    unch-dn 3.25
    Mar                                       5.3000-5.5175    unch-dn 3.25
    Apr                                       5.4500-5.5175    unch-dn 2.25
    May                                       5.4500-5.5375    unch-dn 2.25
    Aug NC                                    5.1000-5.5225    unch-dn 2.00
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.2500-5.4875    unch-dn 3.25
    Mar                                       5.3000-5.5175    unch-dn 3.25
    Apr                                       5.4500-5.5175    unch-dn 2.25
    May                                       5.4500-5.5375    unch-dn 2.25
    Aug NC                                    5.4000-5.5225    unch-dn 2.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                       5.3500-5.4875    unch-dn 3.25
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.2500-5.4875    dn 6.00-3.25
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.2950-5.4950    dn 3.00
  11 pct protein                              5.8950-6.0950    dn 3.00
  11.5 pct protein
    Feb                                       6.1950-6.3950    dn 3.00
    Mar                                       6.2450-6.3950    dn 3.00
    Apr                                       6.3925-6.4425    dn 3.50
    May                                       6.3925-6.4425    dn 3.50
  12 pct protein                              6.3450-6.5950    dn 3.00
  13 pct protein                              6.6450-6.9950    dn 3.00
_
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                              6.7375-6.8375    dn 8.25
  14 pct protein
    Feb                                       7.1675-7.3175    dn 8.25
    Mar                                       7.1675-7.4175    dn 8.25
    Apr                                       7.3475-7.5475    dn 7.75
    May                                       7.3475-7.5475    dn 7.75
 15 pct protein                               7.5375-7.6375    dn 8.25
 16 pct protein                               7.8275-7.9575    dn 8.25
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       4.6175-4.7075    dn 0.25-up 3.75
    Mar                                       4.6175-4.6675    dn 0.25-up 2.75
    Apr                                       4.5925-4.6425    dn 0.50-up 2.50
    May                                       4.5425-4.5525    dn 0.50
    Jun                                       4.5400-4.5600    dn 1.50-0.50
    Jul                                       4.5400-4.5600    dn 1.50-0.50
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       10.8975-10.9675  up 10.00
    Mar                                       10.8975-10.9175  up 10.00
    Apr                                       NA
    May                                       NA
    Jun                                       NA
    Jul                                       NA
_
US 2 Heavy White Oats **                      3.1925           up 14.50
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Jan 2018
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.3000
  US 1 Hard Red Winter (Ordinary protein)     5.0300
  US 1 Hard Red Winter (11.5% protein)        5.9200
  US 1 Dark Northern Spring (14% protein)     7.4100

Source:    USDA Market News Service, Portland, OR
           Niki Davila 503-535-5001  Portland.LPGMN@ams.usda.gov
           24 Hour Market Report  503-535-5005
           www.ams.usda.gov/mnreports/jo_gr110.txt
           www.ams.usda.gov/lpsmarketnewspage

11:32P nd