Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Tue Oct 22, 2019    USDA Market News

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

   December wheat futures trended mixed, from 5.50 cents lower to 1.25 cents
per bushel higher compared to Monday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for October delivery ordinary protein had no recent price comparison
available.  Some exporters were not issuing bids for nearby delivery.  Bids
for guaranteed maximum 10.5 percent protein trended steady to five cents per
bushel higher compared to Monday�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 October delivery
trended 4.25 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 14 percent protein US 1 Dark Northern Spring Wheat for October
delivery trended 6.75 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains
for October delivery trended 0.75 of a cent per bushel higher compared to
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 October delivery trended mixed from 4.25 cents lower to 0.75 of a
cent per bushel higher compared to Monday�s noon bids for the same delivery
period.  Some exporters were not issuing bids for nearby delivery.

   According to the Portland Merchant�s Exchange, there were 14 grain
vessels in Columbia River ports today, with three docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Oct                                       6.0000-6.0500    no comp
    Nov                                       6.0300-6.0800    unch-dn 2.00
    Dec                                       6.0600-6.1200    unch-dn 3.00
    Jan                                       NA
    Feb                                       NA
  Guaranteed maximum 10.5 pct protein
    Oct                                       6.0000-6.0500    unch-up 5.00
    Nov                                       6.0300-6.1000    unch
    Dec                                       6.0600-6.1500    unch
    Jan                                       6.1500-6.1800    dn 2.00-unch
    Feb                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Oct                                       6.0000-6.0500    no comp
  Guaranteed maximum 10.5 pct protein
    Oct                                       6.0000-6.9500    unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.4625-5.5625    dn 4.25
  11 pct protein                              5.6625-5.7625    dn 4.25
  11.5 pct protein
    Oct                                       5.7625-5.8625    dn 4.25
    Nov                                       5.8125-5.9125    dn 4.25
    Dec                                       5.8525-5.9125    dn 4.25
    Jan                                       5.8975-5.9975    dn 3.75
    Feb                                       NA
  12 pct protein                              5.8125-5.9125    dn 4.25
  13 pct protein                              5.9125-6.0125    dn 4.25
_
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                              6.3900-6.5500    up 1.25
  14 pct protein
    Oct                                       6.5900-6.7900    up 1.25
    Nov                                       6.6300-7.0400    up 1.25-dn 3.75
    Dec                                       6.6700-7.0900    up 1.25
    Jan                                       6.8275-7.1275    up 1.50
    Feb                                       NA
 15 pct protein                               6.5900-6.9100    up 1.25
 16 pct protein                               6.5900-7.0300    up 1.25
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                       4.9800-5.0300    up 0.75
    Nov                                       4.9200-4.9300    up 0.75
    Dec                                       4.9200-4.9300    up 0.75
    Jan                                       4.9800           up 0.50
    Feb                                       4.9900-5.0300    up 0.50
    Mar                                       5.0000-5.0300    up 0.50
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                       10.1900          up 0.75-dn 4.25
    Nov                                       10.1400          up 0.75
    Dec                                       10.2025          up 1.50
    Jan                                       10.2325          up 1.50
    Feb                                       NA
    Mar                                       NA
_
US 2 Heavy White Oats **                      3.6300           unch
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Sep 2019
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.8300
  US 1 Hard Red Winter (Ordinary protein)     5.1500
  US 1 Hard Red Winter (11.5% protein)        5.4500
  US 1 Dark Northern Spring (14% protein)     5.9600

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

11:38P nd