Pacific NW Wheat Basis Report

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JO_GR111
Portland, OR    Tue Jun 10, 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 109.25, ranging  90 to 127.5      +CN  unch-up 10.00
    Jul                                      80 to 112.25     +CN  dn 10.00-up 12.25
    Aug NC                                   85 to 100        +CU  unch-dn 5.00
    Sep                                      87 to 100        +CU  unch-dn 5.00
    Oct                                      NA
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Jun              mostly 145.75, ranging  120 to 177.5     +CN  unch-up 10.00
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                           58 to 68         +KCN unch
  10 pct protein                             58 to 68         +KCN unch
  11 pct protein                             66 to 76         +KCN unch
  11.5 pct protein
    Jun                                      70 to 80         +KCN unch
    Jul                                      65 to 80         +KCN unch
    Aug NC                                   60 to 70         +KCU unch-dn 20
    Sep                                      60 to 75         +KCU unch-dn 15
    Oct                                      65 to 80         +KCZ unch-dn 5
  12 pct protein                             72 to 80         +KCN unch
  13 pct protein                             76 to 80         +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                             85 to 98         +MNN unch
  14 pct protein
    Jun                                      125 to 145       +MNN unch
    Jul                                      115 to 135       +MNN unch
    Aug NC                                   110 to 125       +MNU unch-dn 5
    Sep                                      90 to 120        +MNU unch-dn 10
    Oct                                      115 to 120       +MNZ unch-dn 5
 15 pct protein                              154 to 177       +MNN unch
 16 pct protein                              178 to 209       +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
            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

8:48  P nd



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