Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Fri Jul 12, 2019    USDA Market News

Pacific NW Basis Report:  Afternoon soft white wheat, hard red
winter wheat, dark northern spring wheat, corn and soybean basis
at midday for Portland delivery.  All bids in cents per bushel.

Bids as of 12:30 p.m. Pacific time; Subject to change
US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jul                                 52 to 92          +U dn 1.5-up 0.5
    Aug NC                              52 to 92          +U dn 1.5-up 0.5
    Sep                                 52 to 92          +U dn 1.5-up 0.5
    Oct                                 75 to 82          +Z dn 2.25-0
    Nov                                 78 to 82          +Z dn 2.25
  Guaranteed maximum 10.5 pct protein
    Jul                                 52 to 92          +U dn 1.5-up 3.5
    Aug NC                              52 to 92          +U dn 1.5-up 3.5
    Sep                                 52 to 92          +U dn 1.5-up 3.5
    Oct                                 75 to 82          +Z dn 2.25-up 2.75
    Nov                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jul                                 52 to 92          +U dn 1.5-up 0.5
  Guaranteed maximum 10.5 pct protein
    Jul                                 52 to 92          +U dn 1.5-up 3.5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       95 to 105         +U unch-dn 9
  11 pct protein                        115 to 125        +U unch-dn 3
  11.5 pct protein
    Jul                                 125 to 135        +U unch
    Aug NC                              125 to 130        +U unch
    Sep                                 125 to 133        +U unch
    Oct                                 115 to 125        +Z unch
    Nov                                 NA
  12 pct protein                        130 to 140        +U up 5-3
  13 pct protein                        140 to 150        +U up 15-9
_
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                        55 to 69          +U unch
  14 pct protein
    Jul                                 75 to 85          +U unch
    Aug NC                              75 to 80          +U unch
    Sep                                 75 to 85          +U unch
    Oct                                 80 to 85          +Z unch
    Nov                                 NA
 15 pct protein                         75 to 93          +U unch
 16 pct protein                         75 to 101         +U unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jul                                 103 to 107        +U dn 1-up 2
    Aug                                 100 to 103        +U unch
    Sep                                 100 to 103        +U unch-dn 2
    Oct                                 95 to 98          +Z unch-dn 2
    Nov                                 95 to 98          +Z unch-dn 2
    Dec                                 98 to 105         +Z dn 2-unch
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jul                                 78 to 78          +Q up 6
    Aug                                 75 to 75          +Q up 3
    Sep                                 50 to 50          +X unch
    Oct                                 50 to 50          +X up 2
    Nov                                 NA
    Dec                                 NA
_
BASIS REPORT SYMBOLS:
January-F; February-G; March-H; April-J; May-K; June-M; July-N;
August-Q; September-U; October-V; November-X; December-Z

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_gr111.txt
           www.ams.usda.gov/lpsmarketnewspage

11:45P nd