JO_GR110 Portland, OR Wed May 15, 2019 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change July wheat futures trended mixed, from eight cents lower to 0.25 of a cent per bushel higher compared to Tuesday’s noon closes, with the greatest decline in Minneapolis dark northern spring wheat and the advance in Chicago soft red wheat. 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 higher compared to Tuesday’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 Tuesday’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 6.75 cents per bushel lower compared to Tuesday’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 eight cents per bushel lower compared to Tuesday’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 0.75 of a cent to 3.75 cents per bushel higher compared to Tuesday’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 14 grain vessels in Columbia River ports today, with five docked. All bids in dollars per bushel US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein May 5.7000-5.8000 unch-up 5.00 Jun 5.7000-5.8000 unch-up 3.00 Jul 5.7000-5.8000 unch-up 3.00 Aug NC 5.6000-5.7500 unch-up 5.00 Sep 5.6300-5.7500 unch Guaranteed maximum 10.5 pct protein May 5.7000-5.8000 unch-up 5.00 Jun 5.7000-5.8000 unch-up 5.00 Jul 5.7000-5.8000 unch-up 5.00 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 5.7000-5.8000 unch-up 5.00 Guaranteed maximum 10.5 pct protein May 5.7000-5.8000 unch-up 5.00 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.5100-5.6100 dn 6.75 11 pct protein 5.6500-5.7500 dn 6.75 11.5 pct protein May 5.7200-5.8200 dn 6.75 Jun 5.6700-5.7700 dn 6.75 Jul 5.3200-5.7200 dn 6.75 Aug NC 5.2800-5.4300 dn 6.50 Sep NA 12 pct protein 5.7200-5.8200 dn 6.75-8.75 13 pct protein 5.7200-5.8300 dn 6.75-11.75 _ 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 5.8525-6.0725 dn 8.00 14 pct protein May 6.0525-6.1525 dn 8.00 Jun 6.0525 dn 8.00-13.00 Jul 5.9525-6.0525 dn 8.00-13.00 Aug NC 6.0450-6.0950 dn 7.25-17.25 Sep NA 15 pct protein 6.0525-6.1525 dn 8.00 16 pct protein 6.0525-6.1525 dn 8.00 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN May 4.8250-4.8450 up 3.75-0.75 Jun 4.6750-4.6950 up 3.75-0.75 Jul 4.5750-4.5950 up 0.75 Aug 4.5325-4.5825 up 1.00 Sep NA Oct NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN May NA Jun NA Jul 8.9050 up 4.00 Aug 9.0200 up 4.00 Sep 8.8175 no comp Oct 8.7775 no comp _ 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 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 11:45P nd