Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Fri Jun 13, 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 109.50, ranging  90 to 123.5      +CN  unch-dn 6.25

    Jul                                      80 to 110.75     +CN  unch-dn 1.00

    Aug NC                                   95 to 97.75      +CU  up 10.00-dn 17.25

    Sep                                      89 to 100        +CU  up 2.00-dn 15.00

    Oct                                      NA

_

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

    Jun              mostly 132.50, ranging  120 to 173.5     +CN  unch-dn 6.25

_

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

better)

  Ordinary protein                           58 to 73         +KCN unch

  10 pct protein                             58 to 73         +KCN unch

  11 pct protein                             66 to 81         +KCN unch

  11.5 pct protein

    Jun                                      70 to 85         +KCN unch

    Jul                                      70 to 85         +KCN unch

    Aug NC                                   65 to 75         +KCU unch-dn 20

    Sep                                      70 to 85         +KCU unch-dn 10

    Oct                                      75 to 80         +KCZ unch-dn 10

  12 pct protein                             72 to 85         +KCN unch

  13 pct protein                             76 to 85         +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                             90 to 107        +MNN unch

  14 pct protein

    Jun                                      130 to 155       +MNN unch

    Jul                                      115 to 135       +MNN unch

    Aug NC                                   105 to 125       +MNU dn 5

    Sep                                      90 to 120        +MNU unch-dn 10

    Oct                                      115 to 120       +MNZ unch-dn 5

 15 pct protein                              162 to 187       +MNN up 8-unch

 16 pct protein                              194 to 219       +MNN up 16-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



8:50  P nd

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