JO_GR110 Portland, OR Fri May 17, 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 two cents lower to 3.50 cents per bushel higher compared to Thursday’s noon closes, with the decline in Chicago soft red wheat and the greatest advance in Chicago hard red wheat. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for May delivery ordinary protein trended steady compared to Thursday’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 compared to Thursday’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 3.50 cents per bushel higher compared to Thursday’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 one cent per bushel higher compared to Thursday’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 4.25 cents per bushel higher compared to Thursday’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 two 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 Jun 5.7000-5.9500 unch Jul 5.7000-5.9000 unch Aug NC 5.6000-5.8000 unch Sep 5.6300-5.7500 unch Guaranteed maximum 10.5 pct protein May 5.7000-5.9500 unch Jun 5.7000-5.9500 unch Jul 5.7000-5.9000 unch Aug NC 5.6000-5.8000 unch 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 Guaranteed maximum 10.5 pct protein May 5.7000-5.9500 unch _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.6925-5.7925 up 3.50 11 pct protein 5.8325-5.9325 up 3.50 11.5 pct protein May 5.9025-6.0025 up 3.50 Jun 5.8525-5.9525 up 3.50 Jul 5.5025-5.9025 up 3.50 Aug NC 5.4600-5.6100 up 3.25 Sep NA 12 pct protein 5.9025-6.0025 up 3.50 13 pct protein 5.9025-6.0125 up 3.50 _ 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 5.9775-6.1975 up 1.00 14 pct protein May 6.1775-6.2775 up 1.00 Jun 6.1775 up 1.00 Jul 6.0775-6.1775 up 1.00 Aug NC 6.1675-6.2175 up 1.00 Sep NA 15 pct protein 6.1775-6.2775 up 1.00 16 pct protein 6.1775-6.2775 up 1.00 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN May 4.8625-4.9625 up 4.25 Jun 4.7625-4.8325 up 4.25 Jul 4.7125 up 4.25 Aug 4.6550-4.7050 up 3.50 Sep NA Oct NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN May NA Jun NA Jul 8.7675 dn 18.00 Aug 8.8825 dn 18.25 Sep 8.6925 dn 17.50 Oct 8.6525 dn 17.50 _ 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 11:38P nd