JO_GR111 Portland, OR Tue Dec 10, 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 December wheat futures trended steady to 2.25 cents per bushel lower compared to Monday’s noon closes. March wheat futures trended mixed, from 0.50 of a cent lower to one cent per bushel higher. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for December delivery for ordinary protein were not well tested in early trading, but bids were 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 December 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 steady delivery were 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 US 2 Yellow Corn delivered full coast in 110 car shuttle trains during December 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 December 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 as of 9:30 a.m. Pacific time; Subject to change US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Dec 67.75 to 69.75 +H Jan 72.75 to 77.75 +H Feb 75.75 to 80.75 +H Mar 81.75 to 83.75 +H Apr NA Guaranteed maximum 10.5 pct protein Dec 67.75 to 69.75 +H Jan 69.75 to 77.75 +H Feb 75.75 to 80.75 +H Mar 81.75 to 83.75 +H Apr NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Dec 69.75 to 217.75 +H Guaranteed maximum 10.5 pct protein Dec 69.75 to 242.75 +H _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protei 115 to 140 +H 11 pct protein 135 to 160 +H 11.5 pct protein Dec 145 to 170 +H Jan 150 to 170 +H Feb 155 to 177 +H Mar NA Apr NA 12 pct protein 150 to 175 +H 13 pct protein 160 to 185 +H _ 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 110 to 151 +H 14 pct protein Dec 130 to 175 +H Jan 133 to 175 +H Feb 136 to 175 +H Mar NA Apr NA 15 pct protein 130 to 187 +H 16 pct protein 130 to 199 +H _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Dec NA Jan 99 to 114 +H Feb 114 to 114 +H Mar 114 to 116 +H Apr 100 to 110 +K May 100 to 110 +K _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Dec 75 to 75 +F Jan 77 to 78 +F Feb 59 to 59 +H Mar 63 to 63 +H Apr 45 to 55 +K May 45 to 55 +K _ 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 8:51 P nd