JO_GR110
Portland, OR    Tue Dec 11, 2018    USDA Market News

Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
All Bids in dollars per bushel.  Bids are limited and not fully
established in early trading.

   Bids for grains delivered to Portland, Oregon in dollars per bushel.

   In early trading March wheat futures trended mixed, from one cent lower
to two cents per bushel higher compared to Monday’s noon bids, with the
decline in Chicago soft red wheat and the advance in Minneapolis dark
northern spring wheat.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for December delivery for ordinary protein were not well tested in
early trading, but bids were indicated as 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 were
not well tested in early trading but bids were indicated as steady compared
to Monday’s noon bids for the same delivery period.  Some exporters were
not issuing bids for nearby delivery.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for December
delivery were not well tested in early trading, but bids were indicated as
steady to 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 were not well tested in early trading, but bids were indicated as
steady to 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
during December delivery were available in early trading as most exporters
were not issuing bids for nearby delivery.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during December were not available in early trading as most
exporters were not issuing bids for nearby delivery.

All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                       6.1500-6.3000
    Jan                                       6.1800-6.2300
    Feb                                       6.2100-6.2600
    Mar                                       6.2400-6.2900
    Apr                                       6.2700-6.2900
  Guaranteed maximum 10.5 pct protein
    Dec                                       6.1500-6.3000
    Jan                                       6.1800
    Feb                                       6.2100-6.2200
    Mar                                       6.2400-6.2700
    Apr                                       NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                       6.1500-6.3000
  Guaranteed maximum 10.5 pct protein
    Dec                                       6.1500-6.3000
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                            6.4025-6.5525
  11 pct protein                              6.6025-6.6525
  11.5 pct protein
    Dec                                       6.7025
    Jan                                       6.7025-6.7425
    Feb                                       6.7025-6.7725
    Mar                                       6.7025-6.8025
    Apr                                       NA
  12 pct protein                              6.7025-6.7525
  13 pct protein                              6.7025-6.8525
_
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                              6.6625-6.8625
  14 pct protein
    Dec                                       6.8725-6.9525
    Jan                                       6.9525-6.9725
    Feb                                       6.9925-7.0025
    Mar                                       7.0225-7.0325
    Apr                                       NA
  15 pct protein                              6.8725-6.9425
  16 pct protein                              6.8725-6.9825
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                       NA
    Jan                                       4.7925-4.8025
    Feb                                       4.8125
    Mar                                       4.7525-4.7625
    Apr                                       4.8075-4.8275
    May                                       4.8075-4.8275
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                       NA
    Jan                                       NA
    Feb                                       NA
    Mar                                       NA
    Apr                                       NA
    May                                       NA
_
US 2 Heavy White Oats **                      3.7750
 ** Not well tested.

Exporter Bids Portland Rail/Barge             Nov 2018
  Averages in Dollars per bushel

  US 1 Soft White by Unit Trains and Barges   6.2500
  US 1 Hard Red Winter (Ordinary protein)     6.1500
  US 1 Hard Red Winter (11.5% protein)        6.3500
  US 1 Dark Northern Spring (14% protein)     6.8200

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

8:46 P nd