Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Thu May 16, 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
    May                                 103 to 128        +N dn 18.25-3
    Jun                                 103 to 128        +N dn 18.25-3
    Jul                                 103 to 123        +N dn 18.25-8
    Aug NC                              86.5 to 106.5     +U dn 17.25-12
    Sep                                 89.5 to 101.5     +U dn 17.25
  Guaranteed maximum 10.5 pct protein
    May                                 103 to 128        +N dn 18.25-3
    Jun                                 103 to 128        +N dn 18.25-3
    Jul                                 103 to 123        +N dn 18.25-8
    Aug NC                              86.5 to 106.5     +U dn 17.25-12
    Sep                                 89.5 to 101.5     +U dn 17.25
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    May                                 103 to 128        +N dn 18.25-3
  Guaranteed maximum 10.5 pct protein
    May                                 103 to 128        +N dn 18.25-3
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       149 to 159        +N unch
  11 pct protein                        163 to 173        +N unch
  11.5 pct protein
    May                                 170 to 180        +N unch
    Jun                                 165 to 175        +N unch
    Jul                                 130 to 170        +N unch
    Aug NC                              115 to 130        +U unch
    Sep                                 NA
  12 pct protein                        170 to 180        +N unch
  13 pct protein                        170 to 181        +N 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                        70 to 92          +N unch
  14 pct protein
    May                                 90 to 100         +N unch
    Jun                                 90 to 90          +N unch
    Jul                                 80 to 90          +N unch
    Aug NC                              80 to 85          +U unch
    Sep                                 NA
 15 pct protein                         90 to 100         +N unch
 16 pct protein                         90 to 100         +N unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                 103 to 113        +N dn 10-2
    Jun                                 93 to 100         +N dn 5-unch
    Jul                                 88 to 88          +N unch-dn 2
    Aug                                 75 to 80          +U unch
    Sep                                 NA
    Oct                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    May                                 NA
    Jun                                 NA
    Jul                                 55 to 55          +N unch
    Aug                                 60 to 60          +Q unch
    Sep                                 22 to 22          +X unch
    Oct                                 18 to 18          +X 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

11:31P nd