JO_GR110 Portland, OR Tue Jun 25, 2019 USDA Market News Portland Daily Grain Report Bids as of 12:00 p.m. Pacific time; Subject to change July wheat futures trended mixed, from 2.25 cents lower to five cents per bushel higher compared to Monday’s noon closes, with the greatest decline in Chicago soft 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 June delivery ordinary protein trended steady compared to Monday’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 compared to Monday’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 June delivery trended 0.25 of a cent per bushel lower compared to Monday’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 June delivery trended five cents per bushel higher compared to Monday’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 June 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 June delivery were not available as most 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 three docked. All bids in dollars per bushel US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Jun 5.7500-6.3000 unch Jul 5.7500-6.3000 unch Aug NC 5.7500-6.2500 unch Sep 5.7500-6.2500 unch Oct 6.1500-6.2000 unch Guaranteed maximum 10.5 pct protein Jun 5.7500-6.2000 unch Jul 5.7500-6.1500 unch Aug NC 5.7500-6.1500 unch Sep 5.7500-6.1500 unch Oct NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jun 5.7500-6.3000 unch Guaranteed maximum 10.5 pct protein Jun 5.7500-6.2000 unch _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.9425-5.9925 dn 0.25 11 pct protein 6.0825-6.1325 dn 0.25 11.5 pct protein Jun 6.1525-6.2025 dn 0.25 Jul 5.9025-6.1525 dn 0.25 Aug NC 5.9825-6.0325 up 0.75 Sep 5.9825-6.0625 up 0.75 Oct NA 12 pct protein 6.1525-6.2025 dn 0.25 13 pct protein 6.1525-6.2025 dn 0.25 _ 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 6.0750-6.2550 up 5.00 14 pct protein Jun 6.2350-6.3350 up 5.00 Jul 6.2350-6.3850 up 5.00 Aug NC 6.3700-6.4200 up 3.75 Sep 6.3700-6.4200 up 3.75 Oct NA 15 pct protein 6.2850-6.3350 up 5.00 16 pct protein 6.2850-6.3950 up 5.00 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jun NA Jul 5.4250-5.4750 up 0.75 Aug 5.4300-5.5000 up 1.25-dn 1.75 Sep 5.4800-5.5100 up 1.25 Oct 5.4450-5.5150 up 0.25 Nov 5.4450-5.5150 up 0.25 _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jun NA Jul NA Aug NA Sep NA Oct NA Nov NA _ US 2 Heavy White Oats ** 3.7750 unch ** Not well tested. Exporter Bids Portland Rail/Barge May 2019 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.8300 US 1 Hard Red Winter (Ordinary protein) 5.7400 US 1 Hard Red Winter (11.5% protein) 5.9500 US 1 Dark Northern Spring (14% protein) 6.2700 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 11:39P nd