Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Tue Feb 12, 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
    Feb                                 100 to 130        +H dn 16.75-10
    Mar                                 115 to 130        +H dn 1.75-10
    Apr                                 118.25 to 128.25  +K dn 1.25-9
    May                                 118.25 to 128.25  +K dn 1.25-9
    Jun                                 118 to 128        +N up 0.75-dn 7.25
  Guaranteed maximum 10.5 pct protein
    Feb                                 115 to 130        +H dn 1.75
    Mar                                 115 to 130        +H dn 1.75
    Apr                                 118.25 to 128.25  +K dn 1.25
    May                                 118.25 to 128.25  +K dn 1.25
    Jun                                 118 to 128        +N up 0.75
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                 100 to 130        +H dn 16.75-10
  Guaranteed maximum 10.5 pct protein
    Feb                                 115 to 130        +H dn 1.75
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       134 to 149        +H unch
  11 pct protein                        148 to 163        +H unch
  11.5 pct protein
    Feb                                 155 to 170        +H unch
    Mar                                 155 to 170        +H unch
    Apr                                 155 to 170        +K unch
    May                                 155 to 170        +K unch
    Jun                                 NA
  12 pct protein                        155 to 172        +H unch
  13 pct protein                        155 to 176        +H 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                        80 to 87          +H unch
  14 pct protein
    Feb                                 95 to 105         +H unch
    Mar                                 100 to 115        +H unch-up 4
    Apr                                 105 to 111        +K unch
    May                                 105 to 114        +K unch
    Jun                                 110 to 112        +N no comp
 15 pct protein                         95 to 105         +H unch
 16 pct protein                         95 to 105         +H unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                 108 to 110        +H unch-dn 5
    Mar                                 106 to 110        +H unch
    Apr                                 98 to 99          +K unch-up 1
    May                                 95 to 96          +K dn 1-unch
    Jun                                 87 to 88          +N unch
    Jul                                 87 to 88          +N unch
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                 60 to 64          +H unch
    Mar                                 60 to 60          +H unch
    Apr                                 40 to 40          +K unch
    May                                 40 to 45          +K unch
    Jun                                 55 to 58          +N unch
    Jul                                 57 to 60          +N unch
_
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

11:53P nd