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USDA - AMS: Pacific NW Wheat Basis Report (2019-01-02)

USDA U.S. Department of Agriculture - January 2, 2019


JO_GR111
Portland, OR    Wed Jan 02, 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
    Jan                                 108.25 to 128.25  +H dn 3.5
    Feb                                 114.25 to 128.25  +H dn 3.5
    Mar                                 117.25 to 128.25  +H dn 3.5
    Apr                                 115 to 115        +K dn 2.5
    May                                 115 to 118        +K no comp
  Guaranteed maximum 10.5 pct protein
    Jan                                 110.25 to 128.25  +H dn 4.5-4
    Feb                                 114.25 to 128.25  +H dn 3.5
    Mar                                 117.25 to 128.25  +H dn 3.5
    Apr                                 NA
    May                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jan                                 108.25 to 128.25  +H no comp
  Guaranteed maximum 10.5 pct protein
    Jan                                 110.25 to 128.25  +H no comp
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       127 to 145        +H no comp
  11 pct protein                        143 to 155        +H no comp
  11.5 pct protein
    Jan                                 150 to 160        +H unch
    Feb                                 155 to 160        +H unch
    Mar                                 150 to 160        +H unch
    Apr                                 NA
    May                                 NA
  12 pct protein                        150 to 162        +H no comp
  13 pct protein                        150 to 172        +H no comp
_
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 no comp
  14 pct protein
    Jan                                 95 to 105         +H unch
    Feb                                 100 to 118        +H unch
    Mar                                 105 to 121        +H unch
    Apr                                 NA
    May                                 NA
 15 pct protein                         95 to 105         +H no comp
 16 pct protein                         95 to 105         +H no comp
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                 NA
    Feb                                 100 to 103        +H dn 1-unch
    Mar                                 99 to 100         +H unch
    Apr                                 89 to 91          +K unch-dn 1
    May                                 89 to 91          +K unch-dn 1
    Jun                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jan                                 60 to 65          +F unch
    Feb                                 65 to 65          +H unch
    Mar                                 65 to 65          +H unch
    Apr                                 NA
    May                                 NA
    Jun                                 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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