JO_GR111
Portland, OR    Thu Dec 27, 2018    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
    Dec                                 104.5 to 119.5    +H dn 0.5
    Jan                                 107.5 to 124.5    +H dn 0.5-up 11.5
    Feb                                 110.5 to 124.5    +H dn 0.5-up 8.5
    Mar                                 113.5 to 124.5    +H dn 0.5-up 5.5
    Apr                                 112.25 to 116.25  +K up 1-4
  Guaranteed maximum 10.5 pct protein
    Dec                                 104.5 to 119.5    +H dn 0.5
    Jan                                 107.5 to 124.5    +H dn 0.5-up 11.5
    Feb                                 110.5 to 124.5    +H dn 0.5-up 8.5
    Mar                                 113.5 to 124.5    +H dn 0.5-up 5.5
    Apr                                 NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                 104.5 to 119.5    +H dn 0.5
  Guaranteed maximum 10.5 pct protein
    Dec                                 104.5 to 119.5    +H dn 0.5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       124 to 145        +H dn 1-unch
  11 pct protein                        138 to 155        +H dn 7-unch
  11.5 pct protein
    Dec                                 145 to 160        +H dn 10-unch
    Jan                                 150 to 160        +H dn 7-4
    Feb                                 155 to 160        +H dn 5-7
    Mar                                 150 to 160        +H dn 10
    Apr                                 NA
  12 pct protein                        145 to 160        +H dn 15-unch
  13 pct protein                        145 to 170        +H dn 15-unch
_
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                        85 to 87          +H dn 5-22
  14 pct protein
    Dec                                 95 to 105         +H dn 15-12
    Jan                                 95 to 105         +H no comp
    Feb                                 100 to 118        +H dn 18-5
    Mar                                 105 to 121        +H dn 16-5
    Apr                                 NA
 15 pct protein                         95 to 105         +H dn 15-12
 16 pct protein                         95 to 105         +H dn 15-12
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                 NA
    Jan                                 97 to 103         +H unch
    Feb                                 103 to 105        +H unch-dn 3
    Mar                                 100 to 100        +H unch-dn 1
    Apr                                 NA
    May                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                 NA
    Jan                                 65 to 65          +F unch
    Feb                                 70 to 70          +H unch
    Mar                                 70 to 70          +H unch
    Apr                                 NA
    May                                 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

11:46P nd