JO_GR110 Portland, OR Thu May 16, 2019 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change July wheat futures trended 11.50 to 18.25 cents per bushel higher compared to Wednesday’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 15 cents per bushel higher compared to Wednesday’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 15 cents per bushel higher compared to Wednesday’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 14.75 cents per bushel higher compared to Wednesday’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 11.50 cents per bushel higher compared to Wednesday’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 mixed, from 0.50 of a cent lower to 7.50 cents per bushel higher compared to Wednesday’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 5.7000-5.9500 unch-up 15.00 Jun 5.7000-5.9500 unch-up 15.00 Jul 5.7000-5.9000 unch-up 10.00 Aug NC 5.6000-5.8000 unch-up 5.00 Sep 5.6300-5.7500 unch Guaranteed maximum 10.5 pct protein May 5.7000-5.9500 unch-up 15.00 Jun 5.7000-5.9500 unch-up 15.00 Jul 5.7000-5.9000 unch-up 10.00 Aug NC 5.6000-5.8000 unch-up 5.00 Sep 5.6300-5.7500 unch _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein May 5.7000-5.9500 unch-up 15.00 Guaranteed maximum 10.5 pct protein May 5.7000-5.9500 unch-up 15.00 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.6575-5.7575 up 14.75 11 pct protein 5.7975-5.8975 up 14.75 11.5 pct protein May 5.8675-5.9675 up 14.75 Jun 5.8175-5.9175 up 14.75 Jul 5.4675-5.8675 up 14.75 Aug NC 5.4275-5.5775 up 14.75 Sep NA 12 pct protein 5.8675-5.9675 up 14.75 13 pct protein 5.8675-5.9775 up 14.75 _ 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 5.9675-6.1875 up 11.50 14 pct protein May 6.1675-6.2675 up 11.50 Jun 6.1675 up 11.50 Jul 6.0675-6.1675 up 11.50 Aug NC 6.1575-6.2075 up 11.25 Sep NA 15 pct protein 6.1675-6.2675 up 11.50 16 pct protein 6.1675-6.2675 up 11.50 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN May 4.8200-4.9200 dn 0.50-up 7.50 Jun 4.7200-4.7900 up 4.50-9.50 Jul 4.6700 up 9.50-7.50 Aug 4.6200-4.6700 up 8.75 Sep NA Oct NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN May NA Jun NA Jul 8.9475 up 4.25 Aug 9.0650 up 4.50 Sep 8.8675 up 5.00 Oct 8.8275 up 5.00 _ 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 11:31P nd