Pacific NW Wheat Basis Report

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JO_GR111
Portland, OR    Wed Apr 16, 2014    USDA Market News

Pacific NW Wheat Basis Report:  Morning soft white wheat, hard red
winter wheat and dark northern spring wheat basis for Portland
delivery.

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

All wheat bids in cents per bushel with changes in cents per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
    Apr               mostly 74.25, ranging  67.5 to 84       +CK  up 9.25-dn 8.00
    May                                      67.5 to 75       +CK  up 9.25-dn 10.00
    Jun                                      70 to 80         +CN  unch-up 5.00
    Jul                                      49.25 to 52      +CN  up 1.25-dn 7.00
    Aug NC                                   40 to 45         +CU  unch-dn 5.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Apr              mostly 124.25, ranging  100 to 134       +CK  unch-dn 8.00
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                           97 to 108        +KCK dn 6-unch
  10 pct protein                             97 to 108        +KCK dn 6-unch
  11 pct protein                             109 to 116       +KCK dn 2-3
  11.5 pct protein
    Apr                                      115 to 120       +KCK unch-dn 5
    May                                      110 to 110       +KCK unch-dn 12
    Jun                                      95 to 105        +KCN dn 5
    Jul                                      90 to 100        +KCN unch
    Aug NC                                   55 to 75         +KCU unch-dn 5
  12 pct protein                             117 to 122       +KCK up 2-dn 6
  13 pct protein                             121 to 126       +KCK up 6-dn 8
_
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                             90 to 97         +MNK unch
  14 pct protein
    Apr                                      145 to 150       +MNK up 5-unch
    May                                      135 to 145       +MNK unch-dn 5
    Jun                                      130 to 140       +MNN unch-up 10
    Jul                                      110 to 130       +MNN up 10-unch
    Aug NC                                   80 to 100        +MNU unch
 15 pct protein                              177 to 190       +MNK up 5-unch
 16 pct protein                              209 to 230       +MNK up 5-unch
_
US 2 Yellow Corn in dollars per CWT
  Domestic-single rail cars
  Delivered full coast-BN                    NA
  Delivered to Portland                      NA
  Rail and Truck del to Willamette Vly       NA
  Rail del to Yakima Valley                  NA
  Truck del to Yakima Valley                 NA

Source:     USDA Market News Service, Portland, OR
            Niki Davila 503-326-2237  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

8:48  P nd

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