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Bids as of noon

July wheat futures trended mixed, from 4.75 cents lower to 8.25 cents per bushel higher compared to Monday's noon closes.

Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains and barges for June delivery ordinary protein trended steady to 13 cents per bushel higher compared to Tuesday's noon bids for the same delivery period. Bids for guaranteed maximum 10.5-percent protein trended steady to 15 cents per bushel higher compared to Tuesday's noon bids for the same delivery period.

All bids in dollars per bushel

U.S. 1 Soft White Wheat — delivered by Unit Trains and Barges

Ordinary

Jun; 5.7500-6.2000

Jul; 5.7500-6.1500

Aug; 5.7500-6.1000

Sep; 5.7500-6.1000

Oct; 6.0400-6.0500

U.S. 1 Hard Red Winter Wheat (Exporter bids-falling numbers of 300 or better)

Ordinary; 5.9175-6.1675

11 pct; 6.0575-6.3075

11.5 pct

Jun; 6.1275-6.3775

Jul; 5.8775-6.3275

Aug; 5.9050-5.9550

Sep; 5.9550

Oct; NA

12 pct; 6.1275-6.3775

13 pct; 6.1275-6.3775

Rail/Barge May 2019 Averages in dollars per bushel

U.S. 1 Soft White; 5.8300

US 1 H. Red Win. (Ord.); 5.7400

US 1 H. Red Win. (11.5%); 5.9500

US 1 D. Nor. Spr. (14%); 6.2700

Source: USDA 

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