USDA U.S. Department of Agriculture - December 31, 2018
JO_GR111
Portland, OR Mon Dec 31, 2018 USDA Market News
Pacific NW Basis Report: Morning soft white wheat, hard red
winter wheat, dark northern spring wheat, corn and soybean basis
for Portland delivery. All bids in cents per bushel.
Bids are limited and not fully established in early trading.
Bids for grains delivered to Portland, Oregon in dollars per bushel.
In early trading March wheat futures trended 3.25 to eight cents per
bushel lower compared to Friday’s noon closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for December delivery for ordinary protein were not well tested in
early trading, but bids were indicated as steady compared to Friday’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 were
not well tested in early trading but bids were indicated as steady compared
to Friday’s noon bids for the same delivery period. Some exporters were
not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for December
delivery were not well tested in early trading, but bids were indicated as
lower compared to Friday’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 December
delivery were not well tested in early trading, but bids were indicated as
lower compared to Friday’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
during December delivery were not available in early trading as most
exporters were not issuing bids for nearby delivery.
Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during December were not available in early trading as most
exporters were not issuing bids for nearby delivery.
Bids as of 9:30 a.m. Pacific time; Subject to change
US 1 Soft White Wheat - delivered by Unit Trains and Barges
Ordinary protein
Dec 110.75 to 125.75 +H
Jan 110.75 to 130.75 +H
Feb 116.75 to 130.75 +H
Mar 119.75 to 130.75 +H
Apr 116.75 to 118.75 +K
Guaranteed maximum 10.5 pct protein
Dec 110.75 to 125.75 +H
Jan 113.75 to 130.75 +H
Feb 116.75 to 130.75 +H
Mar 119.75 to 130.75 +H
Apr NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Dec 110.75 to 125.75 +H
Guaranteed maximum 10.5 pct protein
Dec 110.75 to 125.75 +H
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protei 124 to 145 +H
11 pct protein 138 to 155 +H
11.5 pct protein
Dec 145 to 160 +H
Jan 150 to 160 +H
Feb 155 to 160 +H
Mar 150 to 160 +H
Apr NA
12 pct protein 145 to 160 +H
13 pct protein 145 to 170 +H
_
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 85 to 87 +H
14 pct protein
Dec 95 to 105 +H
Jan 95 to 105 +H
Feb 100 to 118 +H
Mar 105 to 121 +H
Apr NA
15 pct protein 95 to 105 +H
16 pct protein 95 to 105 +H
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Dec NA
Jan NA
Feb 101 to 103 +H
Mar 99 to 100 +H
Apr 89 to 92 +K
May 89 to 92 +K
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Dec NA
Jan 60 to 65 +F
Feb 65 to 65 +H
Mar 65 to 65 +H
Apr NA
May 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
8:53 P nd
