JO_GR110 Portland, OR Tue Jan 28, 2020 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change March wheat futures trended 2.50 to five cents per bushel lower compared to Monday’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 ten cents 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 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 January delivery trended 4.50 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 US 1 Dark Northern Spring Wheat for January delivery trended five 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains for January 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 January delivery trended 2.25 cents per bushel lower 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 13 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 6.3000 up 10.00-unch Feb 6.3000-6.3500 up 5.00-unch Mar 6.3500-6.4000 up 2.00-unch Apr 6.4000-6.4500 up 2.00-unch May NA Guaranteed maximum 10.5 pct protein Jan 6.1000-6.3000 unch Feb 6.3000-6.3500 up 5.00-unch Mar 6.3500-6.4200 up 2.00-unch Apr 6.4000-6.4600 up 2.00-unch May 6.4300-6.4800 up 5.00-unch _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jan 6.3000-8.0500 unch-up 10.00 Guaranteed maximum 10.5 pct protein Jan 6.3000-8.0500 unch-up 10.00 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.8700-5.9700 dn 4.50 11 pct protein 6.0700-6.1700 dn 4.50 11.5 pct protein Jan 6.1700-6.2700 dn 4.50 Feb 6.2200-6.2700 dn 4.50 Mar 6.2700-6.3200 dn 4.50 Apr 6.2925-6.3425 dn 10.00-5.00 May 6.2925-6.3425 no comp 12 pct protein 6.2200-6.3200 dn 4.50 13 pct protein 6.3200-6.4200 dn 4.50 _ 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 6.5325-6.8825 dn 5.00 14 pct protein Jan 6.7725-7.1225 dn 5.00 Feb 6.7725-7.1225 dn 10.00-5.00 Mar 6.8225-7.1225 dn 10.00-5.00 Apr 6.8650-7.2150 dn 10.25-5.25 May 6.8650-6.9150 no comp 15 pct protein 6.8925-7.2425 dn 5.00 16 pct protein 7.0125-7.3625 dn 5.00 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jan NA Feb 4.9650-5.0150 up 1.00 Mar 5.0150 up 6.00 Apr 4.9900-5.0200 up 7.25-5.25 May 4.9200-5.0200 up 0.25-5.25 Jun NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jan 9.7000 dn 2.25 Feb 9.7000 dn 2.25 Mar 9.7000 dn 2.25 Apr 9.8400 dn 2.00 May 9.8400 dn 2.00 Jun 9.9725 dn 2.25 _ US 2 Heavy White Oats ** 3.6300 dn 7.25 ** 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 11:37P nd