Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Fri May 30, 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

    Jun               mostly 91.75, ranging  80 to 100.5      +CN  up 5.00-dn 7.00

    Jul                                      70 to 87.5       +CN  up 12.00- 7.50

    Aug NC                                   63 to 75         +CU  up 8.00- 7.00

    Sep                                      66 to 75         +CU  up 6.00- 7.00

    Oct                                      NA

_

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

    Jun              mostly 136.75, ranging  110 to 150.5     +CN  no comp

_

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

better)

  Ordinary protein                           58 to 68         +KCN no comp

  10 pct protein                             58 to 68         +KCN no comp

  11 pct protein                             66 to 76         +KCN no comp

  11.5 pct protein

    Jun                                      70 to 80         +KCN unch-dn 10

    Jul                                      65 to 80         +KCN unch

    Aug NC                                   60 to 70         +KCU unch

    Sep                                      65 to 75         +KCU unch

    Oct                                      NA

  12 pct protein                             72 to 80         +KCN no comp

  13 pct protein                             76 to 80         +KCN no comp

_

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                             82 to 98         +MNN no comp

  14 pct protein

    Jun                                      125 to 140       +MNN up 10-unch

    Jul                                      115 to 130       +MNN up 15-unch

    Aug NC                                   100 to 120       +MNU up 5-unch

    Sep                                      90 to 115        +MNU unch

    Oct                                      NA

 15 pct protein                              154 to 172       +MNN no comp

 16 pct protein                              178 to 204       +MNN no comp

_

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



8:48  P re

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