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USDA - AMS: Pacific NW Wheat Basis Report (2019-03-14)

USDA U.S. Department of Agriculture - March 14, 2019


JO_GR111
Portland, OR    Thu Mar 14, 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                                 137.25 to 177.25  +K dn 5.5
    Apr                                 137.25 to 177.25  +K dn 5.5
    May                                 137.25 to 177.25  +K dn 5.5
    Jun                                 130.25 to 170.25  +N dn 4.5
    Aug NC                              91.5 to 131.5     +U dn 4.25
  Guaranteed maximum 10.5 pct protein
    Mar                                 137.25 to 177.25  +K dn 5.5
    Apr                                 137.25 to 177.25  +K dn 5.5
    May                                 137.25 to 177.25  +K dn 5.5
    Jun                                 130.25 to 170.25  +N dn 4.5
    Aug NC                              91.5 to 131.5     +U dn 4.25
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                 137.25 to 177.25  +K dn 5.5
  Guaranteed maximum 10.5 pct protein
    Mar                                 137.25 to 177.25  +K dn 5.5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       129 to 169        +K unch
  11 pct protein                        143 to 183        +K unch
  11.5 pct protein
    Mar                                 175 to 190        +K unch
    Apr                                 175 to 210        +K unch
    May                                 175 to 210        +K unch
    Jun                                 170 to 175        +N unch
    Aug NC                              NA
  12 pct protein                        175 to 190        +K unch
  13 pct protein                        175 to 190        +K 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                        90 to 117         +K unch
  14 pct protein
    Mar                                 110 to 125        +K unch
    Apr                                 110 to 140        +K unch
    May                                 110 to 140        +K unch
    Jun                                 110 to 115        +N unch
    Aug NC                              NA
 15 pct protein                         110 to 125        +K unch
 16 pct protein                         110 to 131        +K unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 130 to 130        +K up 7-5
    Apr                                 102 to 105        +K up 2-dn 10
    May                                 98 to 100         +K up 8-5
    Jun                                 90 to 90          +N no comp
    Jul                                 90 to 90          +N no comp
    Aug                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 80 to 80          +K up 10
    Apr                                 50 to 50          +K unch
    May                                 50 to 50          +K unch
    Jun                                 75 to 75          +N unch
    Jul                                 80 to 80          +N 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

11:45P nd

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