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 steady to 12.75 cents per bushel higher 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 steady to 9.25 cents per bushel higher than Thursday's noon bids for January delivery. Some exporters were not issuing bids for nearby 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 steady compared to Thursday's noon bids for January delivery.

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 generally 12.75 cents per bushel higher than Thursday's noon bids for the same delivery period. Bids were supported by the higher Minneapolis March wheat futures.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended steady compared to Thursday's noon bids. Corn bids truck delivered to the Yakima Valley also trended steady 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 8.6850, ranging 8.5000-8.7775

Feb 8.7500-8.8275

Mar 8.7500-8.8275

Apr 8.7500-8.8600

May 8.7500-8.8600

Aug NC 8.0925-8.2425

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

Jan mostly 8.6850, ranging 8.5000-8.7775

*Not fully established.

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

Ordinary protein 8.8150-9.0150

10 pct protein 8.8150-9.0150

11 pct protein 9.0150-9.2150

11.5 pct protein

Jan 9.1150-9.3150

Aug NC 8.9225-9.0225

12 pct protein 9.1650-9.3650

13 pct protein 9.2650-9.4650

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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 9.4425-9.5225

14 pct protein

Jan 9.6025-9.6825

Aug NC 9.6575-9.8075

15 pct protein 9.6025-9.6825

16 pct protein 9.6025-9.6825

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.1250-15.1625

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.8375-15.3625

US 2 Heavy White Oats in dollars per CWT ** 13.5000

** 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.