Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Mon Jun 24, 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
    Jun                                 37 to 92          +N dn 12
    Jul                                 37 to 92          +N dn 12
    Aug NC                              32.5 to 82.5      +U dn 11.75
    Sep                                 32.5 to 82.5      +U dn 11.75
    Oct                                 62.5 to 67.5      +Z dn 11
  Guaranteed maximum 10.5 pct protein
    Jun                                 37 to 82          +N dn 12
    Jul                                 37 to 77          +N dn 12
    Aug NC                              32.5 to 72.5      +U dn 11.75
    Sep                                 32.5 to 72.5      +U dn 11.75
    Oct                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jun                                 37 to 92          +N dn 12
  Guaranteed maximum 10.5 pct protein
    Jun                                 37 to 82          +N dn 12
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       129 to 134        +N unch
  11 pct protein                        143 to 148        +N unch
  11.5 pct protein
    Jun                                 150 to 155        +N unch
    Jul                                 125 to 150        +N unch
    Aug NC                              120 to 125        +U unch-up 5
    Sep                                 120 to 128        +U unch
    Oct                                 NA
  12 pct protein                        150 to 155        +N unch
  13 pct protein                        150 to 155        +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                        59 to 77          +N unch
  14 pct protein
    Jun                                 75 to 85          +N unch
    Jul                                 75 to 90          +N unch
    Aug NC                              80 to 85          +U unch
    Sep                                 80 to 85          +U unch
    Oct                                 NA
 15 pct protein                         80 to 85          +N unch
 16 pct protein                         80 to 91          +N unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jun                                 NA
    Jul                                 95 to 100         +N unch
    Aug                                 90 to 100         +U unch
    Sep                                 95 to 98          +U unch
    Oct                                 87 to 94          +Z unch
    Nov                                 87 to 94          +Z unch
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jun                                 NA
    Jul                                 NA
    Aug                                 NA
    Sep                                 NA
    Oct                                 NA
    Nov                                 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