Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Tue Feb 13, 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 March wheat futures trended mixed, from 4.50 cents
lower to 1.50 cents per bushel higher than Monday�s closes, with the
greatest decline in Minneapolis dark northern spring wheat and the advance
in Chicago hard red wheat.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for February delivery for ordinary protein were not well tested in
early trading, but bids were indicated as steady to lower compared to
Monday�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 well tested in early trading, but bids were indicated as mixed
compared to Monday�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 February
delivery were not well tested in early trading but bids were indicated as
higher compared to Monday�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 February
delivery were not well tested in early trading but bids were indicated as
lower compared to Monday�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 February were not well tested in early trading, but bids were
indicated as 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 during February were not well tested in early trading, but bids were
indicated as higher compared to Monday�s noon bids for the same delivery
period.  Some 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
    Feb                                       5.3000-5.5150
    Mar                                       5.3000-5.5450
    Apr                                       5.4500-5.5400
    May                                       5.4500-5.5600
    Aug NC                                    5.1000-5.5400
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.3000-5.5150
    Mar                                       5.3000-5.5450
    Apr                                       5.4500-5.5400
    May                                       5.4500-5.5600
    Aug NC                                    5.4000-5.5400
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                       5.3500-5.5150
  Guaranteed maximum 10.5 pct protein
    Feb                                       5.3500-5.5150
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.3400-5.5400
  11 pct protein                              5.9400-6.1400
  11.5 pct protein
    Feb                                       6.2400-6.4400
    Mar                                       6.2900-6.4400
    Apr                                       6.4400-6.4900
    May                                       6.4400-6.4900
  12 pct protein                              6.3900-6.6400
  13 pct protein                              6.6900-7.0400
_
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                              6.7750-6.8750
  14 pct protein
    Feb                                       7.2050-7.3550
    Mar                                       7.2050-7.4550
    Apr                                       7.3850-7.5850
    May                                       7.3850-7.5850
  15 pct protein                              7.5750-7.6750
  16 pct protein                              7.8650-7.9950
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       4.6300-4.7200
    Mar                                       4.6300-4.6800
    Apr                                       4.6050-4.6550
    May                                       4.5550-4.5650
    Jun                                       4.5525-4.5725
    Jul                                       4.5525-4.5725
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                       10.8975-10.9675
    Mar                                       10.8975-10.9175
    Apr                                       NA
    May                                       NA
    Jun                                       NA
    Jul                                       NA
_
US 2 Heavy White Oats **                      3.1925
 ** 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

8:49 P nd