Bids for grains delivered to Portland, Oregon during January by unit trains and barges, in dollars per bushel, except oats, corn and barley, in dollars per cwt. Bids for soft white wheat are for delivery periods as specified. All other wheat bids are for full January delivery. Bids for corn are for 30 day delivery.

March wheat futures trended 0.25 of a cent to 6.75 cents per bushel lower compared to Thursday's closes.

Bids for US 1 Soft White Wheat for January delivery in unit trains or barges were not fully established, but bids trended 0.25 of a cent to 15 cents per bushel lower than Thursday's noon bids for January delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January delivery were not fully established in early trading, but were indicated as 6.75 cents per bushel lower compared to Thursday's noon bids for January delivery, in following the lower Kansas City March wheat futures.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for January delivery were not well tested in early trading, but were indicated as 4.25 cents per bushel lower than Thursday's noon bids for the same delivery period. Bids were pressured by the lower Minneapolis March wheat futures.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 17.50 to 18.75 cents per cwt lower compared to Thursday's noon bids. Lower Chicago March corn futures pressured cash corn bids. Corn bids truck delivered to the Yakima Valley trended 18.75 cents per cwt lower compared to Thursday's noon bids.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - delivered by Unit Trains and Barges *

Jan mostly 8.2975, ranging 8.2925-8.3000

Feb 8.3425-8.5000

Mar 8.3925-8.5200

Apr 8.4000-8.5400

May 8.4000-8.5600

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

Jan mostly 8.2975, ranging 8.2925-8.3000

*Not fully established.

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

Ordinary protein 8.4975-8.5975

10 pct protein 8.4975-8.5975

11 pct protein 8.6975-8.7975

11.5 pct protein

Jan 8.7975-8.8975

12 pct protein 8.8475-8.9475

13 pct protein 8.9475-9.0475

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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 9.0400-9.1000

14 pct protein

Jan 9.2000-9.3000

15 pct protein 9.2000-9.3000

16 pct protein 9.2000-9.3000

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 14.4750-14.5250

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.2000-14.7000

US 2 Heavy White Oats in dollars per CWT ** 13.2500

** Not well tested.

Exporter Bids Portland Rail/Barge Dec 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5600

US 1 Hard Red Winter (Ordinary protein) 9.2600

US 1 Hard Red Winter (11.5% protein) 9.5200

US 1 Dark Northern Spring (14% protein) 9.8500

Source: USDA Market News Service, Portland, Ore.