Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Mon Jun 23, 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 118.50, ranging  90 to 140.5      +CN  unch-up 5.75

    Jul                                      80 to 140.5      +CN  unch-up 5.75

    Aug NC                                   97 to 121        +CU  up 2.00- 6.00

    Sep                                      102 to 115       +CU  up 2.00-unch

    Oct                                      NA

_

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

    Jun              mostly 155.25, ranging  120 to 190.5     +CN  unch-up 5.75

_

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

better)

  Ordinary protein                           73 to 78         +KCU dn 5-unch

  10 pct protein                             73 to 78         +KCU dn 5-unch

  11 pct protein                             81 to 86         +KCU dn 5-unch

  11.5 pct protein

    Jun                                      85 to 90         +KCU dn 5-unch

    Jul                                      80 to 95         +KCU dn 10-unch

    Aug NC                                   75 to 95         +KCU dn 15-unch

    Sep                                      80 to 100        +KCU dn 10-unch

    Oct                                      85 to 105        +KCZ unch

  12 pct protein                             88 to 90         +KCU dn 2-3

  13 pct protein                             90 to 94         +KCU unch-dn 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 152        +MNN unch-up 20

  14 pct protein

    Jun                                      125 to 200       +MNN unch-up 20

    Jul 1-10                                 115 to 180       +MNN dn 5-up 5

    Jul 11-20                                110 to 159       +MNN dn 5-up 4

    Jul 21-31                                115 to 159       +MNN unch-up 4

    Aug 1-10                                 110 to 140       +MNU dn 10-unch

    Aug 11-20                                110 to 140       +MNU unch

    Aug 21-31                                110 to 140       +MNU up 5-unch

    Sep                                      90 to 135        +MNU unch

    Oct                                      115 to 130       +MNZ unch

 15 pct protein                              149 to 232       +MNN unch-up 20

 16 pct protein                              173 to 264       +MNN unch-up 20

_

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



8:58  P nd

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