BC-USDA-Portland Grain

1/29/2015 12:30 PM
By Associated Press

JO—GR110
Portland, OR Thu Jan 29, 2015 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 January 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. Hard red winter wheat and dark northern spring wheat bids
are for full January delivery. Bids for corn are for 30 day delivery.
March wheat futures closed were 2.50 to 8.25 cents per bushel higher
compared to Wednesday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during January ordinary protein were not available as most
exporters were not issuing bids for nearby delivery. Bids for guaranteed
maximum 10.5 percent protein were steady to 2.50 cents per bushel higher
compared to Wednesday?s noon bids for January delivery. Bids were
supported by the higher Chicago March wheat futures. Some exporters are
not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were 8.25 cents per bushel higher compared to Wednesday?s noon
bids for January delivery. Bids were supported by the higher Kansas
City March wheat futures. Some exporters are not issuing bids for nearby
delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
January delivery were 4.25 cents per bushel higher than yesterday?s noon
bids for January delivery. Higher Minneapolis March wheat futures
supported bids. Some exporters are not issuing bids for nearby delivery.
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
Ordinary protein
Jan NA
Feb 6.3800-6.7500 dn 2.00-unch
Mar 6.3775-6.8000 up 2.50-unch
Apr 6.3750-6.9000 up 2.25-unch
Aug NC 5.9525-6.0500 up 0.50-unch
Guaranteed maximum 10.5 pct protein
Jan mostly 7.2875, ranging 7.0775-7.4500 up 2.50-unch
Feb 7.0775-7.4500 up 2.50-unch
Mar 7.0775-7.4500 up 2.50-unch
Apr 7.1250-7.4500 up 2.25-unch
Aug NC 5.6025-6.1525 up 0.50
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Jan NA
Guaranteed maximum 10.5 pct protein
Jan mostly 9.5675, ranging 9.0775-10.3000 up 2.50-unch
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 6.2500, ranging 6.1200-6.4500 up 8.25
10 pct protein mostly 6.2500, ranging 6.1200-6.4500 up 8.25
11 pct protein 6.2000-6.5300 up 8.25
11.5 pct protein
Jan mostly 6.3800, ranging 6.2400-6.5700 up 8.25
Feb 6.2900-6.5900 up 8.25
Mar 6.2900-6.6400 up 8.25
Apr 6.4375-6.6875 up 7.00
Aug NC 6.3975-6.5475 up 5.25
12 pct protein 6.2400-6.5700 up 8.25
13 pct protein mostly 6.4300, ranging 6.2400-6.5700 up 8.25
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 7.0925-7.3925 up 4.25
14 pct protein
Jan mostly 8.2425, ranging 8.1925-8.2925 up 4.25
Feb 8.2925-8.3425 up 4.25
Mar 7.8925-8.3925 up 4.25
Apr 8.0550-8.5550 up 2.75
Aug NC 7.0650-7.3150 up 1.75
15 pct protein 8.7425-9.0925 up 4.25
16 pct protein 9.3425-9.8925 up 4.25
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 ** 13.2500 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Dec 2014
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.1900
US 1 Hard Red Winter (Ordinary protein) 7.3800
US 1 Hard Red Winter (11.5% protein) 7.5200
US 1 Dark Northern Spring (14% protein) 9.4000
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
11:41 P nd


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1/29/2015 | Last Updated: 3:45 PM