Pacific NW Wheat Basis Report

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JO_GR111
Portland, OR    Wed Aug 28, 2013    USDA Market News

Pacific NW Wheat Basis Report:  Hard red winter wheat and dark northern
spring wheat basis at midday for Portland delivery.
***Cash bids for Pacific NW can be found at the following website
www.ams.usda.gov/mnreports/jo_gr110.txt
Bids as of 12:30 p.m. Pacific time; Subject to change
Futures closes:
Chicago Soft Red Winter Wheat    Change
      Sep   +CU     6.4650     dn 4.25
      Dec   +CZ     6.5950     dn 4.25
      Mar   +CH     6.7150     dn 4.00
      May   +CK     6.7875     dn 4.00

Kansas City Hard Red Winter
      Sep   +KCU    7.0625     dn 1.00
      Dec   +KCZ    7.1025     dn 0.75
      Mar   +KCH    7.1775     dn 0.75
      May   +KCK    7.2250     dn 0.75

Minneapolis Hard Red Spring Wheat
      Sep   +MNU    7.3425     up 4.75
      Dec   +MNZ    7.4050     up 3.50
      Mar   +MNH    7.5125     up 2.50
      May   +MNK    7.5750     up 0.75

All wheat bids in dollars per bushel with changes in cents per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges
    Aug NC             mostly 76.25, ranging   75 to 77           +CZ  unch
    Sep                                        70.5 to 80.5       +CZ  up 4.25- 3.50
    Oct                                        70.5 to 83.5       +CZ  up 4.25- 3.50
    Nov                                        70.5 to 86.5       +CZ  up 4.25
    Dec                                        75 to 89.5         +CZ  unch-up 4.25
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
    Aug NC             mostly 83.00, ranging   77 to 95           +CZ  unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
  Ordinary protein        mostly 95, ranging   83 to 103          +KCZ unch
  10 pct protein          mostly 95, ranging   83 to 103          +KCZ unch
  11 pct protein                               91 to 111          +KCZ unch
  11.5 pct protein
    Aug NC               mostly 108, ranging   95 to 115          +KCZ unch
    Sep                                        95 to 120          +KCZ unch
    Oct                                        95 to 127          +KCZ unch
    Nov                                        100 to 128         +KCZ unch
    Dec                                        110 to 129         +KCZ unch
  12 pct protein                               95 to 117          +KCZ unch
  13 pct protein         mostly 111, ranging   95 to 121          +KCZ 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                               47 to 67           +MNZ unch
  14 pct protein
    Aug NC               mostly 105, ranging   95 to 115          +MNZ unch
    Sep                                        95 to 125          +MNZ unch
    Oct                                        100 to 130         +MNZ unch
    Nov                                        103 to 130         +MNZ unch
    Dec                                        110 to 130         +MNZ unch
 15 pct protein                                123 to 143         +MNZ unch
 16 pct protein                                145 to 171         +MNZ unch
_
US 2 Yellow Corn in dollars per CWT
  Domestic-single rail cars
  Delivered full coast-BN                      NA
  Delivered to Portland                        NA                      no comp
  Rail and Truck del to Willamette Vly         NA
  Rail del to Yakima Valley                    NA
  Truck del to Yakima Valley                   NA                      no comp

Source:     USDA Market News Service, Portland, OR
            Niki Davila 503-326-2237  Portland.LGMN@ams.usda.gov
            24 Hour Market Report  503-326-2022
            www.ams.usda.gov/mnreports/jo_gr111.txt
            www.ams.usda.gov/lpsmarketnewspage

11:46 P nd



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