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USDA-JO: Pacific NW Wheat Basis Report

Portland, OR - Thu Dec 07, 2017 - 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                                 85 to 108.5       +H dn 2-up 3.75
    Jan                                 90 to 108.5       +H unch-up 3.75
    Feb                                 93 to 108.5       +H unch-up 3.75
    Mar                                 96 to 108.5       +H unch-up 3.75
    Apr                                 85 to 99          +K unch-up 12
  Guaranteed maximum 10.5 pct protein
    Dec                                 85 to 108.5       +H unch-up 3.75
    Jan                                 90 to 108.5       +H unch-up 3.75
    Feb                                 93 to 108.5       +H unch-up 3.75
    Mar                                 96 to 108.5       +H unch-up 3.75
    Apr                                 85 to 90          +K unch-up 3
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Dec                                 87 to 113.5       +H unch-up 3.75
  Guaranteed maximum 10.5 pct protein
    Dec                                 87 to 113.5       +H up 2-4
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       60 to 70          +H unch
  11 pct protein                        120 to 130        +H unch
  11.5 pct protein
    Dec                                 145 to 160        +H dn 5-unch
    Jan                                 145 to 155        +H unch
    Feb                                 145 to 155        +H unch
    Mar                                 150 to 155        +H unch
    Apr                                 NA
  12 pct protein                        165 to 180        +H unch
  13 pct protein                        195 to 220        +H 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                        72 to 77          +H unch
  14 pct protein
    Dec                                 120 to 125        +H unch
    Jan                                 115 to 135        +H unch
    Feb                                 115 to 135        +H unch
    Mar                                 115 to 135        +H unch
    Apr                                 NA
 15 pct protein                         152 to 157        +H unch
 16 pct protein                         184 to 189        +H unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                 76 to 82          +H unch
    Jan                                 82 to 84          +H unch
    Feb                                 83 to 85          +H unch-up 1
    Mar                                 84 to 86          +H unch-up 1
    Apr                                 74 to 76          +K unch
    May                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Dec                                 75 to 77          +F dn 2-5
    Jan                                 77 to 78          +F unch-dn 2
    Feb                                 64 to 68          +H unch-dn 4
    Mar                                 NA
    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

13:39P nd

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