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USDA-JO: Pacific NW Wheat Basis Report

Portland, OR - Fri Nov 10, 2017 - 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
    Nov                                 94.5 to 103.5     +Z dn 1.5-3
    Dec                                 98 to 103.5       +Z unch-dn 2.5
    Jan                                 85 to 91          +H unch-dn 4
    Feb                                 86 to 91          +H dn 1-4
    Mar                                 89 to 91          +H unch-dn 4
  Guaranteed maximum 10.5 pct protein
    Nov                                 96 to 103.5       +Z unch-dn 2.5
    Dec                                 98 to 103.5       +Z unch-dn 2.5
    Jan                                 85 to 91          +H unch-dn 4
    Feb                                 86 to 91          +H dn 1-4
    Mar                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Nov                                 94.5 to 108.5     +Z dn 1.5-3
  Guaranteed maximum 10.5 pct protein
    Nov                                 96 to 108.5       +Z unch-dn 2.5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       65 to 105         +Z unch
  11 pct protein                        125 to 155        +Z unch
  11.5 pct protein
    Nov                                 155 to 170        +Z unch
    Dec                                 140 to 170        +Z unch
    Jan                                 135 to 150        +H unch
    Feb                                 150 to 152        +H unch-up 2
    Mar                                 150 to 155        +H unch-up 5
  12 pct protein                        170 to 180        +Z unch
  13 pct protein                        200 to 210        +Z unch
_
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                        80 to 93          +Z unch
  14 pct protein
    Nov                                 120 to 130        +Z unch
    Dec                                 110 to 135        +Z unch
    Jan                                 110 to 130        +H unch-dn 5
    Feb                                 110 to 135        +H unch
    Mar                                 110 to 135        +H unch
 15 pct protein                         141 to 162        +Z unch
 16 pct protein                         157 to 194        +Z unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Nov                                 NA
    Dec                                 70 to 78          +Z unch-up 1
    Jan                                 67 to 72          +H unch
    Feb                                 70 to 73          +H unch
    Mar                                 71 to 73          +H unch
    Apr                                 60 to 64          +K unch
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Nov                                 60 to 70          +X unch
    Dec                                 59 to 70          +F unch
    Jan                                 57 to 68          +F unch
    Feb                                 NA
    Mar                                 NA
    Apr                                 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

11:41P nd

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