Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Thu Mar 08, 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                                 40.75 to 78.75    +K dn 2
    Apr                                 40.75 to 78.75    +K dn 2
    May                                 70.75 to 78.75    +K dn 1.25-2
    Jun                                 57 to 62.75       +N unch-dn 2.25
    Aug NC                              41.25 to 46.25    +U dn 0.75-3
  Guaranteed maximum 10.5 pct protein
    Mar                                 25.75 to 65.75    +K dn 2
    Apr                                 40.75 to 70.75    +K dn 2
    May                                 70.75 to 72       +K dn 1.25-1
    Jun                                 57 to 57.75       +N unch-dn 2.25
    Aug NC                              41.25 to 42       +U dn 0.75-2
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Mar                                 45.75 to 78.75    +K dn 2
  Guaranteed maximum 10.5 pct protein
    Mar                                 25.75 to 65.75    +K dn 2
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protei                       45 to 55          +K unch
  11 pct protein                        105 to 130        +K unch
  11.5 pct protein
    Mar                                 135 to 155        +K unch
    Apr                                 135 to 150        +K unch
    May                                 135 to 150        +K unch
    Jun                                 130 to 135        +N unch
  12 pct protein                        150 to 170        +K unch
  13 pct protein                        180 to 200        +K 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 130        +K unch
    Apr                                 115 to 130        +K unch
    May                                 120 to 130        +K unch
    Jun                                 110 to 125        +N unch
 15 pct protein                         147 to 162        +K unch
 16 pct protein                         178 to 194        +K unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 95 to 110         +K unch
    Apr                                 85 to 105         +K unch-up 5
    May                                 80 to 100         +K unch-up 2
    Jun                                 85 to 95          +N up 1-3
    Jul                                 80 to 83          +N up 5-unch
    Aug                                 NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Mar                                 80 to 90          +K unch-up 5
    Apr                                 92 to 92          +K up 4-unch
    May                                 90 to 92          +K up 2
    Jun                                 88 to 88          +N up 5-unch
    Jul                                 88 to 90          +N up 3-2
    Oct                                 90 to 90          +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

12:30P nd