BC-USDA-Portland Grain

3/2/2015 1:00 PM
By Associated Press

JO—GR110
Portland, OR Mon Mar 02, 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 in dollars per bushel.
March wheat futures closes were 9.50 to 13.50 cents per bushel lower
compared to Friday?s closes. May wheat futures closed 11.25 to 13.75
cents per bushel lower.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges during March ordinary protein were steady to 13.50 cents per
bushel lower than last Friday?s noon bids for nearby delivery. Some
exporters are not issuing bids for nearby delivery. Bids for guaranteed
maximum 10.5 percent protein trended 1.50 to 9.50 cents per bushel
lower compared to Friday?s noon bids for March delivery. Lower
Chicago March and May wheat futures weighed on bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for March
delivery were 8.75 cent per bushel lower compared to Friday?s
noon bids for March delivery. Bids were pressured by the lower
Kansas City May wheat futures.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
March delivery were mixed from 9.75 cents lower to instances of 40.25
cents per bushel higher than Friday?s noon bids for March delivery.
Lower Minneapolis March and May wheat futures pressured bids.
Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle
trains had no recent price comparison available.
Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains had no recent price comparison available.
All bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
Mar mostly 6.5000, ranging 6.4000-6.6000 dn 13.50-unch
Apr 6.3200-6.6000 dn 21.00-unch
May NA
Jun NA
Aug NC 6.0225-6.2000 dn 12.75-7.75
Guaranteed maximum 10.5 pct protein
Mar mostly 7.3200, ranging 7.0800-7.6200 dn 9.50-1.50
Apr 7.2500-7.6200 dn 18.00-1.00
May 7.3000-7.6200 dn 13.00-5.00
Jun 7.3000-7.6200 no comp
Aug NC 6.0225-6.6225 dn 17.75-up 7.25
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Mar mostly 8.9000, ranging 8.8000-9.0000 no comp
Guaranteed maximum 10.5 pct protein
Mar mostly 9.5600, ranging 9.0800-9.7300 no comp
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protein mostly 6.2875, ranging 6.2075-6.5375 no comp
10 pct protein mostly 6.2875, ranging 6.2075-6.5375 no comp
11 pct protein 6.3075-6.6175 no comp
11.5 pct protein
Mar mostly 6.4175, ranging 6.3575-6.6575 dn 8.75
Apr 6.2575-6.6575 dn 13.75
May 6.3075-6.6575 dn 13.75
Jun 6.3775-6.6775 no comp
Aug NC 6.2050-6.3550 dn 13.25-18.25
12 pct protein 6.4075-6.6575 no comp
13 pct protein mostly 6.4475, ranging 6.4075-6.6575 no comp
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 7.2625-7.5625 no comp
14 pct protein
Mar mostly 8.4125, ranging 8.3625-8.4625 up 40.25-dn 9.75
Apr 8.1525-8.6025 dn 1.25-6.25
May 8.4525-8.6025 dn 11.25-6.25
Jun NA
Aug NC 6.9825-7.1825 dn 6.00-11.00
15 pct protein 8.9625-9.2625 no comp
16 pct protein 9.6625-10.0625 no comp
US 2 Yellow Corn
110 car shuttle trains - Delivered full coast - BN
Mar 4.7800-4.9000 no comp
Apr 4.7800-4.8300 no comp
May 4.7800-4.8300 no comp
Jun/Jul 4.7725-4.8625 no comp
US 1 Yellow Soybeans
110 car shuttle trains - Delivered full coast - BN
Mar 11.0875-11.2375 no comp
Apr NA
May NA
Oct 10.8525-10.9025 no comp
US 2 Heavy White Oats ** 3.8475 unch
** Not well tested.
Exporter Bids Portland Rail/Barge Feb 2015
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 6.4900
US 1 Hard Red Winter (Ordinary protein) 6.3900
US 1 Hard Red Winter (11.5% protein) 6.5200
US 1 Dark Northern Spring (14% protein) 8.6000
Source: USDA Market News Service, Portland, OR
Tiffany Smit 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
12:16 P ts


Do farmers have the tools they need to cut costs in the face of low crop prices?

  • Yes
  • No
  • Unsure

User Submitted Photos

View photos      Submit your photos

3/2/2015 | Last Updated: 6:00 PM