Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Wed Jan 03, 2018    USDA Market News

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

   March wheat futures trended 1.75 to 6.25 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 January delivery ordinary protein trended steady to 1.00 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 one to 1.50 cents per bushel higher
compared to Tuesday�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 January delivery
trended 6.25 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 14 percent protein US 1 Dark Northern Spring Wheat for January
delivery trended 1.75 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 2 Yellow Corn delivered full coast in 110 car shuttle trains
for January delivery trended 0.25 of a cent 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 US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for January delivery trended 4.75 to 5.75 cents per bushel higher
compared to 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
    Jan                                       5.2500-5.3100    unch-up 1.00
    Feb                                       5.2500-5.3300    unch-up 3.00
    Mar                                       5.2700-5.3600    unch-up 2.50
    Apr                                       5.2700-5.3625    unch-up 3.00
    May                                       5.2700-5.3825    unch-up 2.00
  Guaranteed maximum 10.5 pct protein
    Jan                                       5.2500-5.3100    up 1.50-1.00
    Feb                                       5.2500-5.3300    up 1.50-3.00
    Mar                                       5.2900-5.3600    up 2.00-2.50
    Apr                                       5.3000-5.3625    unch-up 3.00
    May                                       5.3000-5.3825    unch-up 2.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jan                                       5.2500-5.3500    unch
  Guaranteed maximum 10.5 pct protein
    Jan                                       5.2500-5.3500    unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            4.9600-5.0600    up 6.25
  11 pct protein                              5.6100-5.7100    up 6.25
  11.5 pct protein
    Jan                                       5.8600-5.9600    up 6.25
    Feb                                       5.8600-5.9600    up 6.25
    Mar                                       5.9100-5.9600    up 6.25
    Apr                                       NA
    May                                       NA
  12 pct protein                              6.0600-6.1600    up 6.25
  13 pct protein                              6.3600-6.5600    up 6.25
_
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                              6.8675-7.0675    up 1.75
  14 pct protein
    Jan                                       7.3475-7.5475    up 1.75
    Feb                                       7.3475-7.5975    up 1.75
    Mar                                       7.3475-7.5975    up 1.75
    Apr                                       NA
    May                                       NA
 15 pct protein                               7.6675-7.8675    up 1.75
 16 pct protein                               7.9875-8.1875    up 1.75
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       4.4300-4.4500    dn 0.25
    Feb                                       4.4300-4.4500    dn 0.25-up 0.75
    Mar                                       4.4400-4.4500    dn 0.25-up 0.75
    Apr                                       4.4125           unch
    May                                       4.3125-4.4125    unch
    Jun                                       4.3450-4.3550    no comp
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                       10.4475-10.4775  up 5.75-4.75
    Feb                                       10.4175-10.5375  up 5.00-4.00
    Mar                                       NA
    Apr                                       NA
    May                                       NA
    Jun                                       NA
_
US 2 Heavy White Oats **                      3.0475           unch
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Dec 2017
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   5.2200
  US 1 Hard Red Winter (Ordinary protein)     4.8400
  US 1 Hard Red Winter (11.5% protein)        5.7700
  US 1 Dark Northern Spring (14% protein)     7.3800

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

11:43P nd