Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Fri Jan 12, 2018    USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY JANUARY 15 DUE TO THE HOLIDAY***

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

   March wheat futures trended 12.75 to 16.25 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 January delivery ordinary protein trended 0.25 of a cent to 6.50
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 guaranteed maximum 10.5 percent protein trended 0.25 of a cent to
12.75 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 January delivery
trended 14 cents per bushel lower than 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 January
delivery trended 16.25 cents per bushel lower than 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 January delivery trended 0.50 of a cent to 2.50 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 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for January delivery trended 10.50 to 15.50 cents per bushel lower
compared to Thursday�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
    Jan                                       5.2050-5.3300    dn 6.50-0.25
    Feb                                       5.2350-5.3300    dn 3.50-3.25
    Mar                                       5.2650-5.3300    dn 0.50-6.25
    Apr                                       5.2625-5.3500    dn 0.75-3.75
    May                                       5.2625-5.3500    dn 0.75-3.75
  Guaranteed maximum 10.5 pct protein
    Jan                                       5.1050-5.3300    dn 12.75-0.25
    Feb                                       5.1050-5.3300    dn 12.75-3.25
    Mar                                       5.2650-5.3300    dn 3.50-6.25
    Apr                                       5.2625-5.3500    dn 8.75-3.75
    May                                       5.2625-5.3500    dn 8.75-3.75
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jan                                       5.2050-5.3500    dn 6.50-unch
  Guaranteed maximum 10.5 pct protein
    Jan                                       5.1050-5.3500    dn 12.75-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            4.8125-4.9625    dn 14.00
  11 pct protein                              5.4625-5.5625    dn 14.00
  11.5 pct protein
    Jan                                       5.7125-5.8625    dn 14.00
    Feb                                       5.7125-5.8625    dn 14.00
    Mar                                       5.7625-5.8625    dn 14.00
    Apr                                       NA
    May                                       NA
  12 pct protein                              5.9125-6.0125    dn 14.00
  13 pct protein                              6.2125-6.4125    dn 14.00
_
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                              6.7975-6.9975    dn 16.25
  14 pct protein
    Jan                                       7.2775-7.4775    dn 16.25
    Feb                                       7.2775-7.5275    dn 16.25
    Mar                                       7.2775-7.5275    dn 16.25
    Apr                                       7.5550-7.6050    dn 14.75
    May                                       NA
 15 pct protein                               7.5975-7.7975    dn 16.25
 16 pct protein                               7.9175-8.1175    dn 16.25
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       4.3825-4.4325    dn 2.50-0.50
    Feb                                       4.3825-4.4325    dn 2.50-3.50
    Mar                                       4.3825-4.4325    dn 2.50
    Apr                                       4.3375-4.3875    dn 2.25
    May                                       4.3075-4.3475    dn 2.25
    Jun                                       4.2975-4.3475    dn 2.25
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       10.5250-10.5550  up 15.50-10.50
    Feb                                       10.4550-10.5250  up 10.50
    Mar                                       10.3850-10.4850  up 10.50
    Apr                                       NA
    May                                       NA
    Jun                                       NA
_
US 2 Heavy White Oats **                      3.0475           unch
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Dec 2017
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.2200
  US 1 Hard Red Winter (Ordinary protein)     4.8400
  US 1 Hard Red Winter (11.5% protein)        5.7700
  US 1 Dark Northern Spring (14% protein)     7.3800

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