JO_GR110 Portland, OR Tue May 14, 2019 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change May wheat futures trended 4.50 to eight cents per bushel higher compared to Monday’s noon closes. July wheat futures trended 5.25 to 11.75 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 May delivery ordinary protein trended steady to 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 guaranteed maximum 10.5 percent protein trended steady to five cents per bushel lower 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 May delivery trended 11.75 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 14 percent protein US 1 Dark Northern Spring Wheat for May delivery trended 5.25 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains for May delivery trended 7.25 to 16.25 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 US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for May delivery were not available as most 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 May 5.7000-5.7500 unch-dn 5.00 Jun 5.7000-5.7700 unch-dn 3.00 Jul 5.7000-5.7700 up 5.00-2.00 Aug NC 5.6000-5.7000 unch-dn 5.00 Sep 5.6300-5.7500 unch Guaranteed maximum 10.5 pct protein May 5.7000-5.7500 unch-dn 5.00 Jun 5.7000-5.7500 unch-dn 5.00 Jul 5.7000-5.7500 up 5.00-unch Aug NC 5.6000-5.7500 unch Sep 5.6300-5.7500 unch _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein May 5.7000-5.7500 unch-dn 5.00 Guaranteed maximum 10.5 pct protein May 5.7000-5.7500 unch-dn 5.00 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.5775-5.6775 up 11.75 11 pct protein 5.7175-5.8175 up 11.75 11.5 pct protein May 5.7875-5.8875 up 11.75 Jun 5.7375-5.8375 up 11.75 Jul 5.3875-5.7875 up 11.75 Aug NC 5.3450-5.4950 up 16.50-11.50 Sep NA 12 pct protein 5.7875-5.9075 up 11.75-13.75 13 pct protein 5.7875-5.9475 up 11.75-17.75 _ 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 5.9325-6.1525 up 5.25 14 pct protein May 6.1325-6.2325 up 5.25 Jun 6.1325-6.1825 up 5.25 Jul 6.0325-6.1825 up 5.25 Aug NC 6.1175-6.2675 up 5.00 Sep NA 15 pct protein 6.1325-6.2325 up 5.25 16 pct protein 6.1325-6.2325 up 5.25 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN May 4.7875-4.8375 up 16.25-7.25 Jun 4.6375-4.6875 up 12.25-10.25 Jul 4.5675-4.5875 up 10.25-12.25 Aug 4.5225-4.5725 no comp Sep NA Oct NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN May NA Jun 8.8150 up 19.00 Jul 8.8650 up 17.00-16.00 Aug 8.9800 up 21.00 Sep NA Oct NA _ US 2 Heavy White Oats ** 3.7750 unch ** Not well tested. Exporter Bids Portland Rail/Barge Apr 2019 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.9300 US 1 Hard Red Winter (Ordinary protein) 5.8300 US 1 Hard Red Winter (11.5% protein) 6.0300 US 1 Dark Northern Spring (14% protein) 6.3200 Source: USDA Market News Service, Portland, OR 24 Hour Market Report 503-535-5005 www.ams.usda.gov/mnreports/jo_gr110.txt www.ams.usda.gov/lpsmarketnewspage 11:41