Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Wed May 16, 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 July wheat futures trended three to 5.75 cents per
bushel higher than Tuesday�s noon closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for May delivery for ordinary protein were not well tested in early
trading, but bids were indicated as steady to 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
were not well tested in early trading, but bids were indicated as steady to
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 May
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 May
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 May had no recent price comparison available.  Some exporters were
not issuing bids for nearby delivery.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during May were not available in early trading as most 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
    May                                       5.7500-5.9450
    Jun                                       5.7500-5.9950
    Jul                                       5.7500-5.9450
    Aug NC                                    5.7400-5.8275
    Sep                                       5.7400-5.8775
  Guaranteed maximum 10.5 pct protein
    May                                       5.7500-5.9450
    Jun                                       5.7500-5.9950
    Jul                                       5.7500-5.9450
    Aug NC                                    5.7500-5.8275
    Sep                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                       5.7500-5.9450
  Guaranteed maximum 10.5 pct protein
    May                                       5.7500-5.9450
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.5950-5.7950
  11 pct protein                              6.1950-6.3950
  11.5 pct protein
    May                                       6.3950-6.5950
    Jun                                       6.3950-6.5950
    Jul                                       6.2450-6.5450
    Aug NC                                    6.2325-6.4825
    Sep                                       6.4325-6.4825
  12 pct protein                              6.4950-6.6950
  13 pct protein                              6.6950-6.9450
_
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                              7.2200-7.4500
  14 pct protein
    May                                       7.6200-7.7700
    Jun                                       7.5700-7.6200
    Jul                                       7.5200-7.6200
    Aug NC                                    7.3825-7.4825
    Sep                                       7.3325-7.4325
  15 pct protein                              7.8600-7.9300
  16 pct protein                              8.0900-8.1000
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       5.1600
    Jun                                       5.0900-5.1100
    Jul                                       5.0600-5.0800
    Aug                                       5.0950-5.1350
    Sep                                       4.8950-4.9450
    Oct                                       4.9825-5.0325
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                       NA
    Jun                                       NA
    Jul                                       NA
    Aug                                       NA
    Oct                                       10.8725-10.9725
    Nov                                       NA
_
US 2 Heavy White Oats **                      3.6300
 ** 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

8:42 P nd