Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Tue Mar 13, 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
    Mar                                 53.5 to 77.5      +K up 4.25-3
    Apr                                 53.5 to 80        +K up 4.25-unch
    May                                 75.5 to 85        +K up 4.25-unch
    Jun                                 59.5 to 68        +N up 3-unch
    Aug NC                              43 to 50          +U up 2.75-unch
  Guaranteed maximum 10.5 pct protein
    Mar                                 38.5 to 75        +K up 4.25-unch
    Apr                                 53.5 to 80        +K up 4.25-unch
    May                                 75.5 to 85        +K up 4.25-unch
    Jun                                 63.5 to 68        +N up 3-unch
    Aug NC                              44 to 50          +U up 2.75-unch
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                 58.5 to 77.5      +K up 4.25-3
  Guaranteed maximum 10.5 pct protein
    Mar                                 38.5 to 75        +K up 4.25-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       40 to 60          +K dn 5-unch
  11 pct protein                        100 to 130        +K dn 5-unch
  11.5 pct protein
    Mar                                 130 to 155        +K dn 5-unch
    Apr                                 135 to 150        +K unch
    May                                 135 to 155        +K unch
    Jun                                 135 to 138        +N up 5-unch
  12 pct protein                        145 to 170        +K dn 5-unch
  13 pct protein                        175 to 200        +K dn 5-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                        67 to 90          +K unch
  14 pct protein
    Mar                                 115 to 135        +K unch-up 5
    Apr                                 115 to 138        +K unch-up 8
    May                                 120 to 138        +K unch-up 8
    Jun                                 110 to 125        +N unch
 15 pct protein                         147 to 167        +K unch-up 5
 16 pct protein                         178 to 199        +K unch-up 5
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 108 to 115        +K up 3
    Apr                                 105 to 105        +K up 5-dn 3
    May                                 105 to 105        +K up 5-dn 3
    Jun                                 100 to 101        +N up 7-1
    Jul                                 85 to 95          +N up 5-10
    Aug                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 85 to 98          +K up 5-8
    Apr                                 98 to 100         +K up 6-2
    May                                 98 to 100         +K up 6-2
    Jun                                 95 to 98          +N up 7-3
    Jul                                 93 to 98          +N up 3-5
    Oct                                 90 to 90          +X unch-dn 10
_
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

11:38P nd