JO_GR111 Portland, OR Wed Jun 19, 2019 USDA Market News Pacific NW Basis Report: Morning soft white wheat, hard red winter wheat, dark northern spring wheat, corn and soybean basis for Portland delivery. All bids in cents per bushel. Bids are limited and not fully established in early trading. Bids for grains delivered to Portland, Oregon in dollars per bushel. In early trading July wheat futures trended 2.50 to 9.75 cents per bushel lower compared to Tuesday’s noon closes. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for June delivery for ordinary protein were not well tested in early trading, but bids were indicated as steady compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for guaranteed maximum 10.5 percent protein were not well tested in early trading but bids were indicated as steady to lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June delivery were not well tested in early trading, but bids were indicated as lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for 14 percent protein US 1 Dark Northern Spring Wheat for June delivery were not well tested in early trading, but bids were indicated as lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains during June delivery were not well tested in early trading, but bids were indicated as mixed compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains during June were not well tested in early trading, but bids were indicated as lower compared to Tuesday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids as of 9:30 a.m. Pacific time; Subject to change US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Jun 47.75 to 102.75 +N Jul 47.75 to 102.75 +N Aug NC 43.25 to 93.25 +U Sep 43.25 to 93.25 +U Oct 72.25 to 77.25 +Z Guaranteed maximum 10.5 pct protein Jun 47.75 to 92.75 +N Jul 47.75 to 87.75 +N Aug NC 43.25 to 83.25 +U Sep 43.25 to 83.25 +U Oct NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jun 47.75 to 102.75 +N Guaranteed maximum 10.5 pct protein Jun 47.75 to 92.75 +N _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protei 129 to 134 +N 11 pct protein 143 to 148 +N 11.5 pct protein Jun 150 to 155 +N Jul 125 to 150 +N Aug NC 115 to 120 +U Sep 120 to 120 +U Oct NA 12 pct protein 150 to 155 +N 13 pct protein 150 to 155 +N _ 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 14 pct protein Jun 75 to 85 +N Jul 75 to 90 +N Aug NC 80 to 85 +U Sep 80 to 85 +U Oct NA 15 pct protein 80 to 85 +N 16 pct protein 80 to 91 +N _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jun 100 to 120 +N Jul 95 to 100 +N Aug 90 to 100 +U Sep 95 to 98 +U Oct 87 to 94 +Z Nov 87 to 94 +Z _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jun 70 to 70 +N Jul 70 to 70 +N Aug 63 to 63 +Q Sep 26 to 26 +X Oct 24 to 24 +X 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 8:43 P nd