Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Wed Mar 14, 2018    USDA Market News

Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
All Bids in dollars per bushel.  Bids are limited and not fully
established in early trading.

   Bids for grains delivered to Portland, Oregon in dollars per bushel.

   In early trading March wheat futures trended steady to 11 cents per
bushel higher than Tuesday�s closes. May wheat futures trended 1.50 to 3.75
cents per bushel higher than Tuesday�s closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for March delivery for ordinary protein were not well tested in
early trading, but bids were indicated as steady compared to Tuesday�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 were
well tested in early trading, but bids were indicated as higher compared to
Tuesday�s noon bids for the same delivery period.  Some exporters were not
issuing bids for nearby delivery.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for March
delivery were not well tested in early trading but bids were indicated as
higher compared to Tuesday�s 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 March
delivery were not well tested in early trading but bids were indicated as
higher compared to Tuesday�s noon bids for the same delivery period.  Some
exporters are not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains
during March were not well tested in early trading, but bids were indicated
as mixed compared to Tuesday�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 during March were not well tested in early trading, but bids were
indicated as lower compared to Tuesday�s noon bids for the same delivery
period.  Some exporters were not issuing bids for nearby delivery.

All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.4000-5.6400
    Apr                                       5.4000-5.6800
    May                                       5.6200-5.7300
    Jun                                       5.6400-5.7350
    Aug NC                                    5.6400-5.7200
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.4000-5.6300
    Apr                                       5.4000-5.6800
    May                                       5.6200-5.7300
    Jun                                       5.6800-5.7350
    Aug NC                                    5.6500-5.7200
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                       5.4500-5.6400
  Guaranteed maximum 10.5 pct protein
    Mar                                       5.4000-5.6300
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.6400-5.8400
  11 pct protein                              6.2400-6.5400
  11.5 pct protein
    Mar                                       6.5400-6.7900
    Apr                                       6.5900-6.7400
    May                                       6.5900-6.7900
    Jun                                       6.7575-6.7875
  12 pct protein                              6.6900-6.9400
  13 pct protein                              6.9900-7.2400
_
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                              6.9400-7.1700
  14 pct protein
    Mar                                       7.4200-7.6200
    Apr                                       7.4200-7.6500
    May                                       7.4700-7.6500
    Jun                                       7.4325-7.5825
  15 pct protein                              7.7400-7.9400
  16 pct protein                              8.0500-8.2600
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       5.0100
    Apr                                       5.0100
    May                                       5.0100
    Jun                                       5.0100-5.0400
    Jul                                       4.8600-4.8900
    Aug                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                       11.3100-11.4400
    Apr                                       11.4400-11.4600
    May                                       11.4400-11.4600
    Jun                                       11.5150-11.5450
    Jul                                       11.4850-11.5450
    Oct                                       11.2975-11.3975
_
US 2 Heavy White Oats **                      3.4825
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.4300
  US 1 Hard Red Winter (Ordinary protein)     5.4100
  US 1 Hard Red Winter (11.5% protein)        6.3200
  US 1 Dark Northern Spring (14% protein)     7.2900

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

8:43 P nd