JO_GR111
Portland, OR    Wed Feb 06, 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                                 109 to 132        +H up 1.25
    Mar                                 109 to 132        +H up 1.25
    Apr                                 121.25 to 129.25  +K up 0.5
    May                                 121.25 to 129.25  +K up 0.5
    Jun                                 117.75 to 125.75  +N dn 1.5
  Guaranteed maximum 10.5 pct protein
    Feb                                 109 to 126        +H up 1.25
    Mar                                 109 to 126        +H up 1.25
    Apr                                 121.25 to 123.25  +K up 0.5
    May                                 121.25 to 123.25  +K up 0.5
    Jun                                 117.75 to 119.75  +N dn 1.5
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Feb                                 109 to 132        +H up 1.25
  Guaranteed maximum 10.5 pct protein
    Feb                                 109 to 126        +H up 1.25
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       134 to 149        +H unch-up 4
  11 pct protein                        148 to 163        +H unch-up 8
  11.5 pct protein
    Feb                                 155 to 170        +H unch-up 10
    Mar                                 155 to 170        +H unch-up 5
    Apr                                 155 to 170        +K up 5-10
    May                                 155 to 170        +K up 2-5
    Jun                                 NA
  12 pct protein                        155 to 172        +H unch-up 10
  13 pct protein                        155 to 176        +H unch-up 10
_
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 111        +H unch
    Apr                                 105 to 111        +K unch
    May                                 105 to 114        +K unch
    Jun                                 NA
 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                                 102 to 103        +H up 2-1
    Mar                                 103 to 103        +H up 1
    Apr                                 96 to 96          +K unch
    May                                 93 to 94          +K up 2-unch
    Jun                                 NA
    Jul                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Feb                                 60 to 60          +H unch
    Mar                                 58 to 60          +H dn 2-unch
    Apr                                 40 to 40          +K unch
    May                                 40 to 45          +K dn 5-unch
    Jun                                 58 to 58          +N unch
    Jul                                 60 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

11:38P nd