JO_GR110 Portland, OR Thu Jan 23, 2020 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change March wheat futures trended mixed, from 0.25 of a cent lower to 2.75 cents per bushel higher compared to Wednesday’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 five cents per bushel higher compared to Wednesday’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 to five cents per bushel higher compared to Wednesday’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 0.25 of a cent per bushel lower compared to Wednesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for 14 percent US 1 Dark Northern Spring Wheat for January delivery trended 0.25 of a cents per bushel higher compared to Wednesday’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 five cents per bushel higher compared to Wednesday’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 4.25 cents per bushel lower compared to Wednesday’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 12 grain vessels in Columbia River ports today, with four docked. All bids in dollars per bushel US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Jan 6.2000-6.3000 unch-up 5.00 Feb 6.2500-6.3500 unch-up 5.00 Mar 6.3300-6.4000 unch-up 5.00 Apr 6.3800-6.4500 unch-up 5.00 May NA Guaranteed maximum 10.5 pct protein Jan 6.1000-6.3000 unch-up 5.00 Feb 6.2500-6.3500 unch-up 3.00 Mar 6.3300-6.4200 unch Apr 6.3800-6.4600 unch May 6.3800-6.4800 unch _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jan 6.3000-7.9500 unch Guaranteed maximum 10.5 pct protein Jan 6.3000-7.9500 unch _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.9725-6.0725 dn 0.25 11 pct protein 6.1725-6.2725 dn 0.25 11.5 pct protein Jan 6.2725-6.3725 dn 0.25 Feb 6.3225-6.3725 dn 0.25 Mar 6.3725-6.4225 dn 0.25 Apr 6.4475 unch May NA 12 pct protein 6.3225-6.4225 dn 0.25 13 pct protein 6.4225-6.5225 dn 0.25 _ 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 6.6675-7.0175 up 0.25 14 pct protein Jan 6.9075-7.2575 up 0.25 Feb 6.9575-7.2575 up 0.25 Mar 7.0075-7.2575 up 0.25 Apr 7.0450-7.3450 dn 0.50 May NA 15 pct protein 7.0275-7.3775 up 0.25 16 pct protein 7.1475-7.4975 up 0.25 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jan 4.9375-5.0875 up 5.00 Feb 5.0375-5.1375 up 5.00-10.00 Mar 5.0875-5.1375 up 5.00-10.00 Apr 5.0350-5.0850 up 4.25 May 5.0350-5.0850 up 4.25 Jun NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jan 9.9150 dn 4.25 Feb 9.8950 dn 4.25 Mar 9.9150 dn 4.25 Apr 9.9825 dn 4.25 May 9.9825 dn 4.25 Jun 10.1200 dn 4.25 _ US 2 Heavy White Oats ** 3.7025 unch ** Not well tested. Exporter Bids Portland Rail/Barge Dec 2020 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.9700 US 1 Hard Red Winter (Ordinary protein) 5.7500 US 1 Hard Red Winter (11.5% protein) 6.0500 US 1 Dark Northern Spring (14% protein) 6.7600 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 11:44P nd