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BC-USDA-Portland Grain

4/16/2014 12:30 PM
By Associated Press

JO—GR110
Portland, OR Wed Apr 16, 2014 USDA Market News
Portland Daily Grain Report
Bids as of 12:00 p.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during April by unit
trains and barges, in dollars per bushel, except oats and corn, in
dollars per cwt. Bids for soft white wheat are for delivery periods
as specified. All other wheat bids are for full April delivery. Bids
for corn are for 30 day delivery.
May wheat futures closed 11 to 13.75 cents per bushel higher than
Tuesday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during April trended two to 20.75 cents per bushel lower
than Tuesday?s noon bids for April delivery. Lower Chicago May wheat
futures pressured bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April
delivery trended 11 to 16 cents per bushel lower than Tuesday?s noon bids
for the same delivery period. Bids were pressured by the lower Kansas
City May wheat futures and a lower basis bid by some exporters. Some
exporters were not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
April delivery trended seven to 12 cents per bushel lower than
Tuesday?s noon bids for the same delivery period, with pressure coming
from the lower Minneapolis May wheat futures, however a higher basis bid
by some exporters tempered the declines.
Bids for US 2 Yellow Corn delivered to Portland and the Yakima Valley
were not available.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Apr mostly 7.6725, ranging 7.5800-7.7300 dn 2.00-20.75
May 7.6000-7.7300 unch-dn 13.75
Jun 7.6525-7.7525 dn 14.50-9.50
Jul 7.4450-7.4725 dn 13.25-21.50
Aug NC 7.4450-7.4950 dn 14.25-19.25
US 1 White Club Wheat - delivered by Unit Trains and Barges
Apr mostly 8.1725, ranging 7.8800-8.2300 dn 13.75-20.75
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 8.5750, ranging 8.5150-8.6250 dn 17.00-11.00
10 pct protein mostly 8.5750, ranging 8.5150-8.6250 dn 17.00-11.00
11 pct protein 8.6350-8.7050 dn 13.00-14.00
11.5 pct protein
Apr mostly 8.6950, ranging 8.6950-8.7450 dn 11.00-16.00
May 8.6450 dn 11.00-23.00
Jun 8.5575-8.6575 dn 15.75
Jul 8.5075-8.6075 dn 10.75
Aug NC 8.2275-8.4275 dn 9.50-14.50
12 pct protein 8.7150-8.7650 dn 9.00-17.00
13 pct protein mostly 8.7650, ranging 8.7550-8.8050 dn 5.00-19.00
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 8.1650-8.2350 dn 12.00
14 pct protein
Apr mostly 8.7450, ranging 8.7150-8.7650 dn 7.00-12.00
May 8.6150-8.7150 dn 12.00-17.00
Jun 8.6500-8.7500 dn 12.25-2.25
Jul 8.4500-8.6500 dn 2.25-12.25
Aug NC 8.2075-8.4075 dn 12.50
15 pct protein 9.0350-9.1650 dn 7.00-12.00
16 pct protein 9.3550-9.5650 dn 7.00-12.00
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland NA
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley NA
US 2 Heavy White Oats in dollars per CWT ** 13.5000 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.5500
US 1 Hard Red Winter (Ordinary protein) 8.7300
US 1 Hard Red Winter (11.5% protein) 8.8600
US 1 Dark Northern Spring (14% protein) 9.0200
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
www.ams.usda.gov/mnreports/jo—gr110.txt
www.ams.usda.gov/lpsmarketnewspage
11:52 P nd


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4/16/2014 | Last Updated: 6:30 PM