Pacific NW Wheat Basis Report



JO_GR111

Portland, OR    Tue Jul 08, 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

    Jul              mostly 122.75, ranging  100 to 140       +CU  unch-up 6.75

    Aug NC                                   112.5 to 140     +CU  dn 7.50- 10.00

    Sep                                      100 to 140       +CU  dn 10.00-up 10.00

    Oct                                      100 to 120       +CZ  unch-dn 5.00

    Nov                                      100 to 120       +CZ  unch-dn 5.00

_

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

    Jul              mostly 172.75, ranging  150 to 218       +CU  unch-up 3.00

_

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

better)

  Ordinary protein                           78 to 88         +KCU unch

  10 pct protein                             78 to 88         +KCU unch

  11 pct protein                             80 to 96         +KCU dn 6-unch

  11.5 pct protein

    Jul                                      90 to 100        +KCU unch

    Aug NC                                   90 to 110        +KCU unch

    Sep                                      90 to 120        +KCU unch

    Oct                                      95 to 130        +KCZ unch

    Nov                                      97 to 130        +KCZ unch

  12 pct protein                             90 to 100        +KCU unch

  13 pct protein                             90 to 100        +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                             90 to 222        +MNU unch

  14 pct protein

    Jul 8-10                                 140 to 270       +MNU unch

    Jul 11-21                                135 to 220       +MNU unch

    Jul 21-31                                130 to 200       +MNU unch

    Aug NC                                   115 to 170       +MNU unch

    Sep                                      110 to 145       +MNU unch-dn 10

    Oct                                      115 to 150       +MNZ unch

    Nov                                      145 to 150       +MNZ unch

 15 pct protein                              162 to 302       +MNU unch

 16 pct protein                              194 to 334       +MNU 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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