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USDA - AMS: Pacific NW Wheat Basis Report (2019-05-10)

USDA U.S. Department of Agriculture - May 10, 2019


JO_GR111
Portland, OR    Fri May 10, 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
    May                                 150.25 to 155.25  +N up 4.75-dn 0.25
    Jun                                 150.25 to 162.25  +N up 4.75
    Jul                                 135.25 to 162.25  +N up 4.75
    Aug NC                              126.25 to 146.25  +U up 4.75
    Sep                                 141.25 to 146.25  +U up 4.75
  Guaranteed maximum 10.5 pct protein
    May                                 150.25 to 155.25  +N up 4.75-dn 0.25
    Jun                                 150.25 to 155.25  +N up 4.75-dn 0.25
    Jul                                 135.25 to 150.25  +N up 4.75
    Aug NC                              126.25 to 141.25  +U up 4.75
    Sep                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                 150.25 to 155.25  +N up 4.75-dn 0.25
  Guaranteed maximum 10.5 pct protein
    May                                 150.25 to 155.25  +N up 4.75-dn 0.25
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       139 to 159        +N unch
  11 pct protein                        153 to 173        +N unch
  11.5 pct protein
    May                                 160 to 180        +N unch
    Jun                                 140 to 175        +N unch
    Jul                                 85 to 135         +N unch
    Aug NC                              85 to 120         +U unch
    Sep                                 NA
  12 pct protein                        160 to 180        +N unch
  13 pct protein                        160 to 180        +N 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                        85 to 92          +N unch
  14 pct protein
    May                                 100 to 105        +N unch
    Jun                                 90 to 95          +N unch
    Jul                                 90 to 95          +N unch
    Aug NC                              80 to 95          +U unch
    Sep                                 NA
 15 pct protein                         100 to 105        +N unch
 16 pct protein                         100 to 105        +N unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                 105 to 108        +N unch
    Jun                                 95 to 100         +N up 2-3
    Jul                                 90 to 90          +N unch
    Aug                                 NA
    Sep                                 NA
    Oct                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                 NA
    Jun                                 60 to 60          +N unch
    Jul                                 67 to 68          +N unch
    Aug                                 68 to 68          +Q unch
    Sep                                 NA
    Oct                                 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

11:40P nd

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