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USDA - AMS: Pacific NW Wheat Basis Report (2019-03-06)

USDA U.S. Department of Agriculture - March 6, 2019


JO_GR111
Portland, OR    Wed Mar 06, 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
    Mar                                 140 to 170        +K dn 2.25-up 12.75
    Apr                                 140 to 170        +K dn 2.25-up 12.75
    May                                 140 to 170        +K dn 2.25-up 12.75
    Jun                                 134.5 to 164.5    +N dn 2.5-up 12.5
    Aug NC                              95.5 to 120.5     +U up 12
  Guaranteed maximum 10.5 pct protein
    Mar                                 150 to 170        +K up 7.75-13
    Apr                                 150 to 170        +K up 7.75-13
    May                                 150 to 170        +K up 7.75-13
    Jun                                 144.5 to 164.5    +N up 7.5-13
    Aug NC                              95.5 to 120.5     +U up 12
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                 140 to 170        +K dn 2.25-up 12.75
  Guaranteed maximum 10.5 pct protein
    Mar                                 150 to 170        +K up 7.75-13
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       129 to 169        +K unch-up 10
  11 pct protein                        143 to 183        +K unch-up 10
  11.5 pct protein
    Mar                                 150 to 190        +K unch-up 10
    Apr                                 150 to 185        +K unch-up 5
    May                                 150 to 180        +K unch
    Jun                                 150 to 170        +N unch
    Aug NC                              NA
  12 pct protein                        150 to 190        +K unch-up 8
  13 pct protein                        150 to 190        +K unch-up 4
_
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 117         +K unch-up 5
  14 pct protein
    Mar                                 100 to 125        +K unch-up 5
    Apr                                 100 to 125        +K unch-up 10
    May                                 100 to 120        +K unch-up 5
    Jun                                 100 to 115        +N unch-up 3
    Aug NC                              NA
 15 pct protein                         100 to 125        +K unch-up 5
 16 pct protein                         100 to 125        +K unch-up 5
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 140 to 140        +K up 10
    Apr                                 112 to 125        +K up 2-10
    May                                 100 to 100        +K up 1-unch
    Jun                                 91 to 91          +N dn 1-3
    Jul                                 91 to 92          +N dn 1-2
    Aug                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 70 to 70          +K up 13-5
    Apr                                 42 to 42          +K unch
    May                                 45 to 45          +K unch
    Jun                                 65 to 65          +N up 5-unch
    Jul                                 68 to 68          +N up 6-unch
    Aug                                 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

11:50P nd

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