JO_GR111 Portland, OR Wed Aug 21, 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 September wheat futures trended 1.25 to 2.25 cents per bushel lower compared to Tuesday’s closes. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for August 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 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 August 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 August 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 August 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 August were not a well tested in early trading, but bids were indicated as higher 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 Aug 81.25 to 116.25 +U Sep 81.25 to 131.25 +U Oct 118.5 to 125.5 +Z Nov 120.5 to 125.5 +Z Dec 122.5 to 125.5 +Z Guaranteed maximum 10.5 pct protein Aug 81.25 to 116.25 +U Sep 81.25 to 131.25 +U Oct NA Nov NA Dec NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Aug 81.25 to 116.25 +U Guaranteed maximum 10.5 pct protein Aug 81.25 to 116.25 +U _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protei 90 to 105 +U 11 pct protein 110 to 120 +U 11.5 pct protein Aug 120 to 130 +U Sep 130 to 145 +U Oct 125 to 135 +Z Nov 130 to 140 +Z Dec 135 to 145 +Z 12 pct protein 125 to 135 +U 13 pct protein 135 to 145 +U _ 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 55 to 59 +U 14 pct protein Aug 75 to 75 +U Sep 75 to 80 +U Oct 75 to 75 +Z Nov 78 to 80 +Z Dec 80 to 81 +Z 15 pct protein 75 to 83 +U 16 pct protein 75 to 91 +U _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Aug 90 to 96 +U Sep 88 to 90 +U Oct 83 to 85 +Z Nov 85 to 85 +Z Dec 85 to 88 +Z Jan 93 to 93 +H _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Aug 50 to 52 +X Sep 42 to 47 +X Oct 42 to 46 +X Nov 47 to 48 +X Dec 53 to 53 +F Jan 57 to 57 +F _ 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