Bids for Grain Delivered to Portland
JO_GR110
Portland, OR    Tue Dec 03, 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 14.75 cents lower to 4.50 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 December delivery ordinary protein trended steady 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 trended steady 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 December delivery
trended 14.75 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 14 percent protein US 1 Dark Northern Spring Wheat for December
delivery trended 4.50 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 2 Yellow Corn delivered full coast in 110 car shuttle trains
for December delivery were not available as most exporters were not issuing
bids for nearby delivery.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains for December delivery trended 0.50 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 10 grain
vessels in Columbia River ports today, with two docked.

All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                       5.8500-5.9000    unch
    Jan                                       5.9500-6.0000    unch
    Feb                                       6.0000-6.0300    unch
    Mar                                       NA
    Apr                                       NA
  Guaranteed maximum 10.5 pct protein
    Dec                                       5.8500-5.9000    unch
    Jan                                       5.9500-6.0000    unch
    Feb                                       6.0000-6.0300    unch
    Mar                                       6.0600-6.0900    unch
    Apr                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                       5.8500-7.4000    unch
  Guaranteed maximum 10.5 pct protein
    Dec                                       5.8500-7.8000    unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            5.3750-5.6750    dn 14.75
  11 pct protein                              5.5750-5.8750    dn 14.75
  11.5 pct protein
    Dec                                       5.6750-5.9750    dn 14.75
    Jan                                       5.8675-6.1175    dn 2.50
    Feb                                       5.9175-6.1375    dn 2.50
    Mar                                       NA
    Apr                                       NA
  12 pct protein                              5.7250-6.0250    dn 14.75
  13 pct protein                              5.8250-6.1250    dn 14.75
_
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                              6.0400-6.5500    up 4.50
  14 pct protein
    Dec                                       6.2400-6.7900    up 4.50
    Jan                                       6.4650-6.8850    up 3.75
    Feb                                       6.4950-6.8850    up 3.75
    Mar                                       NA
    Apr                                       NA
 15 pct protein                               6.2400-6.9100    up 4.50
 16 pct protein                               6.2400-7.0300    up 4.50
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                       NA
    Jan                                       4.9725-4.9925    dn 1.75-0.75
    Feb                                       4.9725-5.0025    dn 2.75-0.75
    Mar                                       4.9725-5.0125    dn 2.75-0.75
    Apr                                       NA
    May                                       NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                       9.4600           up 0.50
    Jan                                       9.5100           up 0.50
    Feb                                       9.4350           up 0.25
    Mar                                       9.4750           up 0.25
    Apr                                       9.5075           up 0.50
    May                                       9.5075           up 0.50
_
US 2 Heavy White Oats **                      3.7750           unch
 ** Not well tested.

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

  US 1 Soft White by Unit Trains and Barges   5.9900
  US 1 Hard Red Winter (Ordinary protein)     5.4600
  US 1 Hard Red Winter (11.5% protein)        5.7600
  US 1 Dark Northern Spring (14% protein)     6.5800

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

11:40P nd