JO_GR111 Portland, OR Tue Jun 25, 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 mixed, from 0.75 of a cent lower to 1.75 cents per bushel higher compared to Monday’s noon closes, with the decline in Chicago soft red wheat and the greatest advance in Minneapolis dark northern spring wheat. 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 Monday’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 compared to Monday’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 higher compared to Monday’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 higher compared to Monday’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 available in early trading as most 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 available in early trading as most 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 37.75 to 92.75 +N Jul 37.75 to 92.75 +N Aug NC 33 to 83 +U Sep 33 to 83 +U Oct 62.5 to 67.5 +Z Guaranteed maximum 10.5 pct protein Jun 37.75 to 82.75 +N Jul 37.75 to 77.75 +N Aug NC 33 to 73 +U Sep 33 to 73 +U Oct NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jun 37.75 to 92.75 +N Guaranteed maximum 10.5 pct protein Jun 37.75 to 82.75 +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 120 to 125 +U Sep 120 to 128 +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 NA Jul 95 to 100 +N Aug 90 to 97 +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 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 8:45 P nd