BC-USDA-Portland Grain

1/26/2015 9:30 AM
By Associated Press

JO—GR110
Portland, OR Mon Jan 26, 2015 USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.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.
In early trading March wheat futures trended narrowly 4.50 to 7.75 cents
per bushel lower compared to Friday?s closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
and barges for January delivery were not fully established but were
indicated as lower compared to Friday?s noon bids for ordinary protein.
Bids for guaranteed maximum 10.5 protein were lower compared to Friday?s
noon bids for January delivery in a limited test.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January
delivery were not well tested in early trading, but were indicated as
lower than Friday?s noon bids, due to the lower Kansas City March wheat
futures. Several exporters are not issuing bids for January delivery due
to adequate nearby supplies in the pipelines.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for January
delivery were also not well tested in early trading, but bids were
indicated as lower compared to Friday?s noon bids, due to the lower
Minneapolis March wheat futures. Several exporters are not issuing bids
for January delivery due to moderate supplies in the pipelines to meet
nearby exporter demand.
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 6.4500-6.9500
Mar 6.5000-6.9500
Apr 6.5300-7.1000
Aug NC NA
Guaranteed maximum 10.5 pct protein
Jan mostly 7.3950, ranging 7.2450-7.5500
Feb 7.2450-7.5700
Mar 7.2450-7.6000
Apr 7.2775-7.6000
Aug NC 5.7475-6.2500
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Ordinary protein
Jan NA
Guaranteed maximum 10.5 pct protein
Jan mostly 9.7250, ranging 9.2450-10.2000
*Not fully established and limited.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein 6.2425-6.5425
10 pct protein 6.2425-6.5425
11 pct protein 6.3225-6.6225
11.5 pct protein
Jan 6.3625-6.6625
Feb 6.3625-6.7125
Mar 6.3625-6.7125
Apr 6.5175-6.7675
Aug NC 6.5225-6.6225
12 pct protein 6.3625-6.6625
13 pct protein 6.3625-6.6625
*Not fully established and limited.
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 7.2150-7.4650
14 pct protein
Jan 8.2650-8.4150
Feb 8.3650-8.4650
Mar 8.0150-8.4650
Apr 8.0800-8.6300
Aug NC 7.1850-7.4350
15 pct protein 8.8650-9.2150
16 pct protein 9.4650-10.0150
*Not fully established and limited.
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
** 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
8:44 P nd


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1/26/2015 | Last Updated: 12:15 PM