Pacific NW Wheat Basis Report - Thu Aug 06, 4:01PM UTC JO_GR111
Portland, OR Thu Aug 06, 2020 USDA Market News
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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 September wheat futures trended 5.50 to 10.25 cents per
bushel lower compared to Wednesday�s noon closes.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains and
barges for August delivery for ordinary protein were not well tested in early
trading, but bids were indicated as steady compared to Wednesday�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 in early trading but bids were indicated as steady compared to
Wednesday�s noon 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 August
delivery were not well tested in early trading, but bids were indicated as
lower compared to Wednesday�s noon bids for the same delivery period. Some
exporters were not issuing bids for nearby delivery.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for August
delivery were not well tested in early trading, but bids were indicated as
lower compared to Wednesday�s noon bids for the same delivery period. Some
exporters were not issuing bids for nearby delivery.
Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains
during August were not well tested in early trading, but bids were indicated
as higher compared to Wednesday�s noon bids for the same delivery period.
Some exporters were not issuing bids for nearby delivery.
Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle
trains during August were not well tested in early trading, but bids were
indicated as lower compared to Wednesday�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
Aug 52 to 56 +U
Sep 57 to 61 +U
Oct NA
Nov NA
Dec NA
Guaranteed maximum 10.5 pct protein
Aug 52 to 57 +U
Sep 57 to 67 +U
Oct 53.25 to 63.25 +Z
Nov 56.25 to 63.25 +Z
Dec NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Ordinary protein
Aug 52 to 231 +U
Guaranteed maximum 10.5 pct protein
Aug 52 to 231 +U
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
Ordinary protei 110 to 120 +U
11 pct protein 130 to 140 +U
11.5 pct protein
Aug 140 to 150 +U
Sep 140 to 150 +U
Oct 140 to 145 +Z
Nov 145 to 150 +Z
Dec NA
12 pct protein 145 to 155 +U
13 pct protein 155 to 165 +U
_
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 79 to 86 +U
14 pct protein
Aug 95 to 110 +U
Sep 95 to 112 +U
Oct 110 to 125 +Z
Nov 105 to 130 +Z
Dec NA
15 pct protein 103 to 122 +U
16 pct protein 111 to 134 +U
_
US 2 Yellow Corn
Shuttle trains-Delivered full coast Pacific Northwest-BN
Aug 100 to 107 +U
Sep 100 to 110 +U
Oct NA
Nov 100 to 112 +Z
Dec 112 to 115 +Z
Jan 115 to 116 +H
_
US 1 Yellow Soybeans
Shuttle trains-Delivered full coast Pacific Northwest-BN
Aug 116 to 116 +X
Sep 122 to 125 +X
Oct 130 to 133 +X
Nov 133 to 133 +X
Dec 120 to 120 +F
Jan 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
8:44 P nd
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