Pacific NW Wheat Basis Report

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JO_GR111
Portland, OR    Thu Jul 24, 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 142.00, ranging  100 to 170       +CU  unch
    Aug NC                                   145 to 165       +CU  unch
    Sep                                      145 to 155.5     +CU  unch-dn 1.75
    Oct                                      110 to 137       +CZ  unch-up 0.50
    Nov                                      120 to 140       +CZ  unch-up 0.50
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Jul              mostly 192.00, ranging  150 to 235       +CU  unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                           78 to 108        +KCU unch-up 5
  10 pct protein                             78 to 108        +KCU unch-up 5
  11 pct protein                             80 to 116        +KCU unch-up 5
  11.5 pct protein
    Jul                                      90 to 120        +KCU unch-up 5
    Aug NC                                   90 to 120        +KCU unch-up 5
    Sep                                      90 to 120        +KCU unch
    Oct                                      110 to 135       +KCZ unch-up 5
    Nov                                      105 to 135       +KCZ unch-up 5
  12 pct protein                             90 to 120        +KCU unch-up 5
  13 pct protein                             90 to 120        +KCU unch-up 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                             132 to 152       +MNU unch
  14 pct protein
    Jul                                      170 to 200       +MNU unch
    Aug NC                                   140 to 180       +MNU unch
    Sep                                      130 to 175       +MNU unch-dn 10
    Oct                                      150 to 175       +MNZ unch-dn 10
    Nov                                      150 to 175       +MNZ unch-dn 10
 15 pct protein                              194 to 232       +MNU unch
 16 pct protein                              218 to 264       +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

8:51  P nd



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