Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Wed May 16, 2018    USDA Market News

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

   July wheat futures trended 0.75 of a cent to five cents per bushel
higher compared to Tuesday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for May delivery ordinary protein trended steady to 1.50 cents per
bushel lower 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 4.25 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 May delivery
trended 4.25 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 14 percent protein US 1 Dark Northern Spring Wheat for May
delivery trended five 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 US 2 Yellow Corn delivered full coast in 110 car shuttle
trains for May delivery had no recent price comparison available.  Some
exporters were not issuing bids for nearby.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for May delivery were not available as most 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
    May                                       5.7500-5.9000    unch-dn 1.50
    Jun                                       5.7500-5.9225    unch-dn 4.25
    Jul                                       5.7500-5.8725    unch-dn 4.25
    Aug NC                                    5.7400-5.7525    up 1.00-dn 4.50
    Sep                                       5.7400-5.8025    up 1.00-dn 4.50
  Guaranteed maximum 10.5 pct protein
    May                                       5.7500-5.8725    unch-dn 4.25
    Jun                                       5.7500-5.9225    unch-dn 4.25
    Jul                                       5.7500-5.8725    unch-dn 4.25
    Aug NC                                    5.7500-5.8025    unch-up 0.50
    Sep                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                       5.7500-5.9000    unch-dn 1.50
  Guaranteed maximum 10.5 pct protein
    May                                       5.7500-5.8725    unch-dn 4.25
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.6400-5.7900    up 9.25-4.25
  11 pct protein                              6.1900-6.3900    up 4.25
  11.5 pct protein
    May                                       6.3900-6.5900    up 4.25
    Jun                                       6.3900-6.5900    up 4.25
    Jul                                       6.1400-6.5400    dn 5.75-up 4.25
    Aug NC                                    6.2250-6.4750    up 4.00
    Sep                                       6.4250-6.4750    up 4.00
  12 pct protein                              6.4900-6.6900    up 4.25
  13 pct protein                              6.6900-6.9900    up 4.25-9.25
_
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                              7.2125-7.4425    up 5.00
  14 pct protein
    May                                       7.6125-7.7625    up 5.00
    Jun                                       7.5625-7.6125    up 5.00
    Jul                                       7.5125-7.6125    up 5.00
    Aug NC                                    7.3775-7.4775    up 4.50
    Sep                                       7.3275-7.4275    up 4.50
 15 pct protein                               7.8525-7.9225    up 5.00
 16 pct protein                               8.0825-8.1425    up 5.00-10.00
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       5.1425           no comp
    Jun                                       5.0725-5.0925    dn 2.00-3.00
    Jul                                       5.0425-5.0625    dn 3.00-1.00
    Aug                                       5.0750-5.1150    dn 3.00
    Sep                                       4.8750-4.9250    dn 3.00
    Oct                                       4.9700-5.0200    dn 2.25
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       NA
    Jun                                       NA
    Jul                                       NA
    Aug                                       NA
    Oct                                       10.8400-10.9400  dn 15.75-10.75
    Nov                                       NA
_
US 2 Heavy White Oats **                      3.6300           unch
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.7800
  US 1 Hard Red Winter (Ordinary protein)     5.6400
  US 1 Hard Red Winter (11.5% protein)        6.4800
  US 1 Dark Northern Spring (14% protein)     7.5000

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

11:41P nd