Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Thu Jun 26, 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 119.25, ranging  90 to 135        +CN  unch

    Jul                                      80 to 135        +CN  unch

    Aug NC                                   100 to 120       +CU  unch

    Sep                                      105 to 120       +CU  unch

    Oct                                      100 to 100       +CZ  unch

_

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

    Jun              mostly 156.00, ranging  120 to 183       +CN  unch-dn 1.50

_

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

better)

  Ordinary protein                           78 to 78         +KCU unch

  10 pct protein                             78 to 78         +KCU unch

  11 pct protein                             86 to 86         +KCU unch

  11.5 pct protein

    Jun                                      90 to 90         +KCU unch

    Jul                                      90 to 95         +KCU unch

    Aug NC                                   90 to 100        +KCU unch

    Sep                                      90 to 105        +KCU unch

    Oct                                      85 to 110        +KCZ unch

  12 pct protein                             90 to 93         +KCU unch

  13 pct protein                             90 to 99         +KCU 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                             100 to 132       +MNU unch

  14 pct protein

    Jun                                      135 to 180       +MNU up 1-unch

    Jul                                      110 to 160       +MNU up 1-unch

    Aug NC                                   105 to 150       +MNU dn 5-unch

    Sep                                      90 to 140        +MNU unch

    Oct                                      115 to 140       +MNZ unch

 15 pct protein                              159 to 212       +MNU up 1-unch

 16 pct protein                              183 to 244       +MNU up 1-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



8:47  P nd

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