JO_GR110 Portland, OR Wed Jul 08, 2020 USDA Market News NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_3145.pdf If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change July wheat futures trended 10.75 to 25.25 cents per bushel higher compared to Tuesday’s noon closes. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for July delivery ordinary protein trended steady 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 5.00 cents per bushel higher 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 July delivery trended 16.00 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 14 percent US 1 Dark Northern Spring Wheat for July delivery trended 9.25 to 10.25 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 July delivery was 2.75 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 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for July delivery trended 4.25 cents per bushel lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. According to the Portland Merchant’s Exchange, there were 14 grain vessels in Columbia River ports today, with five docked. All bids in dollars per bushel US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Jul 5.7800-5.8000 unch Aug NC 5.7500-5.7800 unch Sep 5.7800-5.8000 unch Oct NA Nov NA Guaranteed maximum 10.5 pct protein Jul 5.7800-5.8500 unch-up 5.00 Aug NC 5.7500-5.8500 unch-up 5.00 Sep 5.7800-5.8900 unch-up 5.00 Oct 5.8000-5.9200 unch-up 4.00 Nov NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jul 5.8000-7.5300 unch Guaranteed maximum 10.5 pct protein Jul 5.8000-7.5300 unch _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.5175-5.7675 up 16.00 11 pct protein 5.7175-5.9675 up 16.00 11.5 pct protein Jul 5.8175-6.0675 up 16.00 Aug NC 5.8175-6.0675 up 16.00 Sep 5.8475-5.9675 up 16.00 Oct 6.0750 up 24.25-14.25 Nov NA 12 pct protein 5.8675-6.1175 up 16.00 13 pct protein 5.9675-6.2175 up 16.00 _ 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 6.0225-6.1425 up 9.25-10.25 14 pct protein Jul 6.1825-6.3825 up 9.25-10.25 Aug NC 6.1825-6.3325 up 5.25-10.25 Sep 6.1825-6.4325 up 5.25-10.25 Oct 6.3700-6.6200 up 10.25 Nov NA 15 pct protein 6.2625-6.5025 up 9.25-10.25 16 pct protein 6.3425-6.6225 up 9.25-10.25 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jul 4.4125-4.4225 up 2.75 Aug NA Sep NA Oct 4.4225-4.4925 up 1.75 Nov 4.4225-4.5425 up 1.75-6.75 Dec NA _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jul 9.7950 dn 4.25 Aug 9.7950-9.9450 dn 19.25-4.25 Sep 10.0525-10.0725 dn 2.25-3.25 Oct NC 10.0725-10.1925 dn 5.25-up 4.75 Nov 10.1225-10.2225 dn 5.25-up 4.75 Dec 10.1475-10.2275 dn 4.50-up 3.50 _ US 2 Heavy White Oats ** 3.6300 unch ** Not well tested. Exporter Bids Portland Rail/Barge Jun 2020 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.8700 US 1 Hard Red Winter (Ordinary protein) 5.5700 US 1 Hard Red Winter (11.5% protein) 5.8700 US 1 Dark Northern Spring (14% protein) 6.4500 Source: USDA Market News Service, Portland, OR Brian Personius 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 13:47 P bp