Pacific NW Wheat Basis Report

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JO_GR111
Portland, OR    Mon Aug 18, 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
    Aug NC           mostly 140.00, ranging  135 to 145       +CU  up 6.25-unch
    Sep                                      138 to 150       +CU  up 8.00-unch
    Oct                                      130 to 130       +CZ  up 7.50-unch
    Nov                                      130 to 135       +CZ  up 4.50-unch
    Dec                                      130 to 136       +CZ  up 1.50-dn 4.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Aug NC           mostly 233.75, ranging  215 to 245       +CU  unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein                           78 to 86         +KCU unch-dn 7
  10 pct protein                             78 to 86         +KCU unch-dn 7
  11 pct protein                             86 to 94         +KCU unch-dn 7
  11.5 pct protein
    Aug NC                                   90 to 98         +KCU unch-dn 7
    Sep                                      95 to 110        +KCU unch
    Oct                                      110 to 120       +KCZ unch
    Nov                                      110 to 120       +KCZ unch
    Dec                                      110 to 120       +KCZ unch
  12 pct protein                             90 to 98         +KCU unch-dn 7
  13 pct protein                             90 to 98         +KCU unch-dn 7
_
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                             105 to 136       +MNU unch
  14 pct protein
    Aug NC                                   145 to 170       +MNU unch
    Sep                                      150 to 170       +MNU unch
    Oct                                      160 to 200       +MNZ unch-dn 5
    Nov                                      175 to 200       +MNZ unch-dn 5
    Dec                                      175 to 200       +MNZ unch-dn 5
 15 pct protein                              165 to 190       +MNU unch
 16 pct protein                              184 to 210       +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
            Robert Eaton 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 re



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