JO_GR110 Portland, OR Fri Aug 07, 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_3148.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 September wheat futures trended 1.50 to 5.75 cents per bushel lower compared to Thursday’s noon closes. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for August delivery ordinary protein trended steady to five cents per bushel lower compared to Thursday’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 five cents per bushel lower compared to Thursday’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 August delivery trended 1.75 cents per bushel lower compared to Thursday’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 August delivery trended 1.50 cents per bushel lower compared to Thursday’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 August delivery trended 3.50 cents per bushel lower compared to Thursday’s noon bids for the same delivery period. Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains for August delivery trended 10.50 cents per bushel lower compared to Thursday’s noon bids for the same delivery period. According to the Portland Merchant’s Exchange, there were 12 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 Aug 5.5000-5.5900 dn 5.00-unch Sep 5.5500-5.6400 dn 5.00-unch Oct NA Nov NA Dec NA Guaranteed maximum 10.5 pct protein Aug 5.5000-5.6000 dn 5.00-unch Sep 5.5500-5.7000 dn 5.00-unch Oct 5.5800-5.7300 dn 5.00-unch Nov 5.6100-5.7300 dn 5.00-unch Dec NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Aug 5.5000-7.3400 dn 5.00-unch Guaranteed maximum 10.5 pct protein Aug 5.5000-7.3400 dn 5.00-unch _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protein 5.2550-5.3550 dn 1.75 11 pct protein 5.4550-5.5550 dn 1.75 11.5 pct protein Aug 5.5550-5.6550 dn 1.75 Sep 5.5550-5.6550 dn 1.75 Oct 5.6725-5.7225 dn 1.00 Nov 5.7225-5.7725 dn 1.00 Dec NA 12 pct protein 5.6050-5.7050 dn 1.75 13 pct protein 5.7050-5.8050 dn 1.75 _ 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 5.7350-5.8050 dn 1.50 14 pct protein Aug 5.8950-6.0450 dn 1.50 Sep 5.8950-6.0650 dn 1.50 Oct 6.2050-6.3550 dn 0.25 Nov 6.1550-6.4050 dn 0.25 Dec NA 15 pct protein 5.9750-6.1650 dn 1.50 16 pct protein 6.0550-6.2850 dn 1.50 _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Aug 4.0775-4.1475 dn 3.50 Sep 4.0775-4.1775 dn 3.50 Oct NA Nov 4.2075-4.3275 dn 3.00 Dec 4.3275-4.3575 dn 3.00 Jan 4.4775-4.4875 dn 2.75 _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Aug 9.8350 dn 10.50 Sep 9.8950-9.9250 dn 10.50 Oct 9.9750-10.0050 dn 10.50 Nov 10.0050 dn 10.50 Dec 9.9400 dn 10.50 Jan NA _ US 2 Heavy White Oats ** 3.6300 unch ** Not well tested. Exporter Bids Portland Rail/Barge Jul 2020 Averages in Dollars per bushel US 1 Soft White by Unit Trains and Barges 5.7900 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) 6.2000 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 11:38P nd