Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Wed May 28, 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

    May               mostly 87.00, ranging  65 to 106.25     +CN  unch-up 7.25

    Jun                                      75 to 106.25     +CN  up 10.00- 7.25

    Jul                                      58 to 82         +CN  unch-up 5.00

    Aug NC                                   55 to 84.25      +CU  unch-up 7.25

    Sep                                      60 to 70         +CU  unch-up 2.00

_

US 1 White Club Wheat - delivered by Unit Trains and Barges

    May              mostly 132.00, ranging  95 to 156.25     +CN  unch-up 7.25

_

US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or

better)

  Ordinary protein                           58 to 68         +KCN unch

  10 pct protein                             58 to 68         +KCN unch

  11 pct protein                             66 to 76         +KCN unch

  11.5 pct protein

    May                                      70 to 80         +KCN unch

    Jun                                      70 to 90         +KCN unch

    Jul                                      65 to 80         +KCN unch

    Aug NC                                   60 to 70         +KCU unch

    Sep                                      65 to 75         +KCU unch

  12 pct protein                             72 to 80         +KCN unch

  13 pct protein                             76 to 80         +KCN 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                             87 to 93         +MNN unch

  14 pct protein

    May                                      125 to 140       +MNN unch

    Jun                                      115 to 140       +MNN unch

    Jul                                      100 to 130       +MNN unch

    Aug NC                                   95 to 120        +MNU unch

    Sep                                      90 to 115        +MNU unch

 15 pct protein                              149 to 172       +MNN unch

 16 pct protein                              173 to 204       +MNN 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

            Robert Eaton 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



9:00  P re

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