JO_GR110 Portland, OR Wed Oct 11, 2017 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change December wheat futures trended mixed, from three cents lower to 1.50 cents per bushel higher compared to Tuesday’s closes, with the greatest decline in Chicago hard red wheat and the advance in Minneapolis dark northern spring wheat. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for delivery ordinary protein trended steady to two cents per bushel lower compared to Tuesday’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 to two cents per bushel lower compared to Tuesday’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 October delivery trended three cents per bushel lower compared to Tuesday’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 October delivery trended 1.50 cents per bushel higher compared to Tuesday’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 October delivery were not available as most exporters were not issuing bids for nearby delivery. Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for October delivery trended 0.75 of a cent per bushel lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. All bids in dollars per bushel US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Oct 5.0825-5.3100 dn 2.00-unch Nov 5.0825-5.3500 dn 2.00-up 4.00 Dec 5.1325-5.3500 dn 2.00-up 2.00 Jan 5.1225-5.4000 dn 3.00-unch Feb 5.3725-5.4000 up 1.25-unch Guaranteed maximum 10.5 pct protein Oct 5.0825-5.3100 dn 2.00-unch Nov 5.0825-5.3500 dn 2.00-up 4.00 Dec 5.1325-5.3500 dn 2.00-up 2.00 Jan 5.1225-5.4000 dn 3.00-unch Feb 5.3725-5.4000 up 1.25-unch _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Oct 5.0825-5.3500 dn 2.00-up 4.00 Guaranteed maximum 10.5 pct protein Oct 5.0825-5.3500 dn 2.00-up 4.00 _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 4.6325-5.2325 dn 3.00 11 pct protein 5.2325-5.7325 dn 3.00 11.5 pct protein Oct 5.2825-5.9325 dn 3.00 Nov 5.5325-5.9325 dn 3.00 Dec 5.5325-5.9325 dn 3.00 Jan 5.5650-5.9650 dn 2.75 Feb NA 12 pct protein 5.6825-6.0825 dn 3.00 13 pct protein 5.9825-6.3825 dn 3.00 _ 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 7.0700-7.1700 up 1.50 14 pct protein Oct 7.2900-7.4900 up 1.50 Nov 7.2900-7.4900 up 1.50 Dec 7.2900-7.4900 up 1.50 Jan 7.3275-7.5775 up 1.25 Feb NA 15 pct protein 7.5500-7.6500 up 1.50 16 pct protein 7.7100-7.8100 up 1.50 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Oct NA Nov 3.9800-4.0100 dn 3.25 Dec 4.0100-4.1300 dn 10.25-3.25 Jan 4.1750-4.2450 dn 0.25-3.25 Feb 4.2450-4.2650 dn 3.25 Mar 4.2450-4.3050 dn 3.25 _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Oct 10.3725-10.4025 dn 0.75 Nov 10.4025-10.4725 dn 0.75 Dec 10.4800-10.5800 dn 0.25 Jan 10.4600-10.5800 dn 0.25 Feb NA Mar NA _ US 2 Heavy White Oats ** 3.1200 unch ** Not well tested. Exporter Bids Portland Rail/Barge Sep 2017 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.1900 US 1 Hard Red Winter (Ordinary protein) 4.8300 US 1 Hard Red Winter (11.5% protein) 5.5900 US 1 Dark Northern Spring (14% protein) 7.4100 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 11:43P nd