Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Thu Jun 12, 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 102.50, ranging  90 to 128        +CN  unch-up 18.00

    Jul                                      90 to 111.5      +CN  up 10.00-dn 0.75

    Aug NC                                   85 to 105        +CU  unch-dn 5.00

    Sep                                      87 to 105        +CU  unch-dn 5.00

    Oct                                      NA

_

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

    Jun              mostly 132.50, ranging  120 to 178       +CN  unch-up 43.00

_

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

better)

  Ordinary protein                           58 to 73         +KCN unch-up 5

  10 pct protein                             58 to 73         +KCN unch-up 5

  11 pct protein                             66 to 81         +KCN unch-up 5

  11.5 pct protein

    Jun                                      70 to 85         +KCN unch-up 5

    Jul                                      70 to 85         +KCN up 5

    Aug NC                                   65 to 75         +KCU unch-dn 15

    Sep                                      70 to 85         +KCU unch-dn 5

    Oct                                      75 to 80         +KCZ unch-dn 5

  12 pct protein                             72 to 85         +KCN unch-up 5

  13 pct protein                             76 to 85         +KCN unch-up 5

_

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 107        +MNN up 5-unch

  14 pct protein

    Jun                                      130 to 155       +MNN up 5-unch

    Jul                                      115 to 135       +MNN unch

    Aug NC                                   110 to 125       +MNU unch

    Sep                                      90 to 120        +MNU unch

    Oct                                      115 to 120       +MNZ unch

 15 pct protein                              154 to 187       +MNN unch

 16 pct protein                              178 to 219       +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

            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



8:49  P nd

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