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

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

   March wheat futures trended 1.50 to five cents per bushel lower
compared to Tuesday�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 higher 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 trended steady to five cents
per bushel lower compared to Tuesday�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 mixed, from 4.75 cents lower to 0.25 of a cent per bushel higher
than Tuesday�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 1.50 cents per bushel lower than Tuesday�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 0.50 of a cent to 11.50 cents per bushel
higher than 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 for February delivery were 5.50 cents per bushel higher than
Tuesday�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                                       5.3000-5.5200    unch-up 3.25
    Mar                                       5.3000-5.5200    unch-up 0.25
    Apr                                       5.4500-5.5500    unch-up 3.25
    May                                       5.4500-5.5800    unch-up 4.25
    Aug NC                                    5.4000-5.5400    up 30.00-1.75
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.2500-5.4375    unch-dn 5.00
    Mar                                       5.3000-5.4675    unch-dn 5.00
    Apr                                       5.4500-5.4725    unch-dn 4.50
    May                                       5.4500-5.4925    unch-dn 4.50
    Aug NC                                    5.4000-5.4925    unch-dn 3.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                       5.3500-5.5200    unch-up 3.25
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.2500-5.4375    unch-dn 5.00
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.2475-5.4475    dn 4.75
  11 pct protein                              5.8475-6.0975    dn 4.75-up 0.25
  11.5 pct protein
    Feb                                       6.1475-6.3975    dn 4.75-up 0.25
    Mar                                       6.1975-6.3975    dn 4.75-up 0.25
    Apr                                       6.3450-6.3950    dn 4.75
    May                                       6.3450-6.3950    dn 4.75
  12 pct protein                              6.2975-6.5975    dn 4.75-up 0.25
  13 pct protein                              6.5975-6.9975    dn 4.75-up 0.25
_
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                              6.6725-6.8225    dn 6.50-1.50
  14 pct protein
    Feb                                       7.1525-7.3025    dn 1.50
    Mar                                       7.1525-7.3525    dn 1.50-6.50
    Apr                                       7.3250-7.4750    dn 2.25-7.25
    May                                       7.3250-7.5250    dn 2.25
 15 pct protein                               7.4725-7.6225    dn 6.50-1.50
 16 pct protein                               7.7925-7.9425    dn 3.50-1.50
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       4.6225-4.8225    up 0.50-11.50
    Mar                                       4.6225-4.7025    up 0.50-3.50
    Apr                                       4.5975-4.6475    up 0.50
    May                                       4.5475-4.5675    up 0.50-1.50
    Jun                                       4.5450-4.5650    up 0.50
    Jul                                       4.5450-4.5650    up 0.50
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       10.9525-11.0225  up 5.50
    Mar                                       10.9525-10.9725  up 5.50
    Apr                                       NA
    May                                       NA
    Jun                                       NA
    Jul                                       NA
_
US 2 Heavy White Oats **                      3.1925           unch
 ** 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

11:53P nd