Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Mon Jun 19, 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
    Jun                                  18 to 45          +N dn 1.75-unch
    Jul                                  18 to 45          +N dn 1.75-unch
    Aug NC                               0 to 35           +U dn 1.5-unch
    Sep                                  3 to 40           +U dn 1.5-unch
    Oct                                  -14.75 to 20      +Z dn 1-unch
  Guaranteed maximum 10.5 pct protein
    Jun                                  26 to 50          +N up 1-unch
    Jul                                  26 to 50          +N up 1-unch
    Aug NC                               25 to 35          +U unch
    Sep                                  12 to 40          +U dn 1.5-unch
    Oct                                  NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Jun                                  24 to 50          +N dn 1-unch
  Guaranteed maximum 10.5 pct protein
    Jun                                  26 to 55          +N up 1-unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                       -15 to 5          +N unch
  11 pct protein                         45 to 65          +N unch
  11.5 pct protein
    Jun                                  75 to 95          +N unch
    Jul                                  75 to 85          +N up 5-dn 5
    Aug NC                               70 to 80          +U dn 50-60
    Sep                                  70 to 90          +U unch
    Oct                                  NA
  12 pct protein                         90 to 110         +N unch
  13 pct protein                         120 to 140        +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                         35 to 59          +N unch
  14 pct protein
    Jun                                  100 to 115        +N unch
    Jul                                  100 to 115        +N up 10-dn 15
    Aug NC                               90 to 115         +U dn 66-80
    Sep                                  90 to 130         +U unch
    Oct                                  NA
 15 pct protein                          128 to 155        +N unch
 16 pct protein                          156 to 195        +N unch
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jun                                  57 to 58          +N unch
    Jul                                  58 to 62          +N unch
    Aug                                  60 to 66          +U unch
    Sep                                  60 to 66          +U unch
    Oct                                  NA
    Nov                                  NA
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Jun                                  NA
    Jul                                  70 to 75          +N unch
    Sep                                  82 to 83          +X unch
    Oct                                  80 to 82          +X unch
    Nov                                  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  503-326-2022
            www.ams.usda.gov/mnreports/jo_gr111.txt
            www.ams.usda.gov/lpsmarketnewspage

14:00 P nd