Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Thu Jun 19, 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 111.00, ranging  90 to 125        +CN  unch

    Jul                                      80 to 125        +CN  unch

    Aug NC                                   94.25 to 115     +CU  up 0.50-unch

    Sep                                      100 to 115       +CU  unch

    Oct                                      NA

_

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

    Jun              mostly 147.75, ranging  120 to 168       +CN  unch-dn 7.00

_

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

better)

  Ordinary protein                           78 to 81         +KCU no comp

  10 pct protein                             78 to 81         +KCU no comp

  11 pct protein                             86 to 89         +KCU no comp

  11.5 pct protein

    Jun                                      90 to 93         +KCU no comp

    Jul                                      80 to 93         +KCU no comp

    Aug NC                                   83 to 95         +KCU up 8-unch

    Sep                                      88 to 93         +KCU up 8-dn 2

    Oct                                      85 to 95         +KCZ unch

  12 pct protein                             93 to 93         +KCU no comp

  13 pct protein                             93 to 99         +KCU 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                             90 to 132        +MNN unch

  14 pct protein

    Jun                                      125 to 180       +MNN unch

    Jul 1-10                                 120 to 170       +MNN unch

    Jul 11-20                                115 to 150       +MNN unch

    Jul 21-31                                115 to 150       +MNN unch

    Aug 1-10                                 120 to 140       +MNU unch

    Aug 11-20                                110 to 140       +MNU unch

    Aug 21-31                                105 to 140       +MNU unch

    Sep                                      90 to 135        +MNU unch

    Oct                                      115 to 130       +MNZ unch

 15 pct protein                              162 to 202       +MNN unch

 16 pct protein                              194 to 234       +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

            Tiffany Smit 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 ts

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