JO_GR110 Portland, OR Tue May 14, 2019 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 May wheat futures trended steady to 17 cents per bushel higher compared to Monday’s noon closes. July wheat futures trended 7.75 to 12.75 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 for ordinary protein 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 guaranteed maximum 10.5 percent protein 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 11.5 percent protein US 1 Hard Red Winter Wheat for May delivery were not well tested in early trading, but bids were indicated as 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 were not well tested in early trading, but bids were indicated as 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 May delivery were not well tested in early trading, but bids were indicated as 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 during May 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 May 5.7000-5.7500 Jun 5.7000-5.7700 Jul 5.7000-5.7700 Aug NC 5.6000-5.7000 Sep 5.6300-5.7500 Guaranteed maximum 10.5 pct protein May 5.7000-5.7500 Jun 5.7000-5.7500 Jul 5.7000-5.7500 Aug NC 5.6000-5.7500 Sep 5.6300-5.7500 _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein May 5.7000-5.7500 Guaranteed maximum 10.5 pct protein May 5.7000-5.7500 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.5875-5.6875 11 pct protein 5.7275-5.8275 11.5 pct protein May 5.7975-5.8975 Jun 5.7475-5.8475 Jul 5.3975-5.7975 Aug NC 5.3025-5.5025 Sep NA 12 pct protein 5.7975-5.8975 13 pct protein 5.7975-5.8975 _ 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 5.9575-6.1775 14 pct protein May 6.1575-6.2575 Jun 6.1575-6.2075 Jul 6.0575-6.2075 Aug NC 6.1400-6.2900 Sep NA 15 pct protein 6.1575-6.2575 16 pct protein 6.1575-6.2575 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN May 4.7975-4.8475 Jun 4.6475-4.6975 Jul 4.5775-4.5975 Aug 4.5325-4.5825 Sep NA Oct NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN May NA Jun 8.8500 Jul 8.9000 Aug 9.0150 Sep NA Oct NA _ US 2 Heavy White Oats ** 3.7750 ** 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 8:41