Pacific NW Wheat Basis Report
JO_GR111
Portland, OR    Fri Oct 06, 2017    USDA Market News

Pacific NW Basis Report:  Morning soft white wheat, hard red
winter wheat, dark northern spring wheat, corn and soybean basis
for Portland delivery.  All bids in cents per bushel.
Bids are limited and not fully established in early trading.

   Bids for grains delivered to Portland, Oregon in dollars per bushel.

   In early trading December wheat futures trended steady to 7.75 cents
per bushel higher than Thursday�s closes.

   Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for October delivery for ordinary protein were not well tested in
early trading, but were indicated as steady to higher compared to
Thursday�s noon bids for the same delivery period.  Some exporters were
not issuing bids for nearby delivery.  Bids for guaranteed maximum 10.5
percent protein were not well tested early trading, but were indicated as
steady to higher compared to Thursday�s bids for the same delivery period.
Some exporters were not issuing bids for nearby delivery.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for October
delivery were not well tested in early trading, but were indicated as
steady compared to Thursday�s noon bids.  Some exporters were not issuing
bids for nearby delivery.

   Bids for 14 percent protein US 1 Dark Northern Spring Wheat for
October delivery were not well tested in early trading, but were
indicated as higher compared to Thursday�s noon bids.  Some exporters are
not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains
during October were higher in early trading with some exporters not
issuing bids for nearby delivery.

   Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during October were not well tested in early trading, but bids
were indicated as lower compared to Thursday�s noon bids for the same
delivery period.  Some exporters were not issuing bids for nearby
delivery.

Bids as of 9:30 a.m. Pacific time; Subject to change

US 1 Soft White Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Oct                                  75 to 102.75      +Z
    Nov                                  75 to 105.75      +Z
    Dec                                  80 to 108.75      +Z
    Jan                                  60 to 94.75       +H
    Feb                                  NA
  Guaranteed maximum 10.5 pct protein
    Oct                                  75 to 102.75      +Z
    Nov                                  75 to 102.75      +Z
    Dec                                  80 to 105.75      +Z
    Jan                                  60 to 90.75       +H
    Feb                                  NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
  Ordinary protein
    Oct                                  75 to 102.75      +Z
  Guaranteed maximum 10.5 pct protein
    Oct                                  75 to 102.75      +Z
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                       35 to 115         +Z
  11 pct protein                         95 to 145         +Z
  11.5 pct protein
    Oct                                  100 to 165        +Z
    Nov                                  125 to 165        +Z
    Dec                                  125 to 165        +Z
    Jan                                  110 to 150        +H
    Feb                                  NA
  12 pct protein                         140 to 180        +Z
  13 pct protein                         170 to 210        +Z
_
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                         88 to 98          +Z
  14 pct protein
    Oct                                  110 to 130        +Z
    Nov                                  110 to 130        +Z
    Dec                                  110 to 130        +Z
    Jan                                  100 to 125        +H
    Feb                                  NA
 15 pct protein                          136 to 146        +Z
 16 pct protein                          152 to 162        +Z
_
US 2 Yellow Corn
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                  48 to 50          +Z
    Nov                                  52 to 60          +Z
    Dec                                  62 to 67          +Z
    Jan                                  55 to 66          +H
    Feb                                  62 to 67          +H
    Mar                                  65 to 71          +H
_
US 1 Yellow Soybeans
 Shuttle trains-Delivered full coast Pacific Northwest-BN
    Oct                                  70 to 75          +X
    Nov                                  75 to 82          +X
    Dec                                  72 to 82          +F
    Jan                                  70 to 82          +F
    Feb                                  NA
    Mar                                  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

10:44 P nd