Pacific NW Wheat Basis Report

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Portland, OR    Thu Apr 17, 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

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 79.00, ranging  70 to 85         +CK  unch
    May                                      72 to 85         +CK  unch
    Jun                                      70 to 80         +CN  unch
    Jul                                      49.25 to 80      +CN  unch-up 28.00
    Aug NC                                   40 to 50         +CU  unch-up 5.00
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Apr              mostly 129.00, ranging  127 to 135       +CK  up 27.00-unch
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
  Ordinary protein                           93 to 108        +KCK dn 4-unch
  10 pct protein                             93 to 108        +KCK dn 4-unch
  11 pct protein                             101 to 116       +KCK dn 8-unch
  11.5 pct protein
    Apr                                      105 to 120       +KCK dn 10-unch
    May                                      100 to 110       +KCK dn 10-unch
    Jun                                      90 to 105        +KCN dn 5-unch
    Jul                                      85 to 90         +KCN dn 5-10
    Aug NC                                   55 to 75         +KCU unch
  12 pct protein                             107 to 122       +KCK dn 10-unch
  13 pct protein                             111 to 126       +KCK dn 10-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                             90 to 97         +MNK unch
  14 pct protein
    Apr                                      140 to 150       +MNK dn 5-unch
    May                                      135 to 145       +MNK unch
    Jun                                      130 to 140       +MNN unch
    Jul                                      110 to 130       +MNN unch
    Aug NC                                   80 to 100        +MNU unch
 15 pct protein                              172 to 190       +MNK dn 5-unch
 16 pct protein                              204 to 230       +MNK dn 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
            Tiffany Smit 503-326-2237
            24 Hour Market Report  503-326-2022

8:58  P ts

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