Bids for grains delivered to Portland, Oregon during March 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 March delivery. Bids for corn are for 30 day delivery.

May wheat futures trended 1.25 to 3.25 cents per bushel lower than Thursday's closes.

Bids for US 1 Soft White Wheat for March delivery in unit trains or barges were not fully established in early trading but were indicated as 3.75 to 7.25 cents per bushel higher than Thursday's noon bids. Some exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for March delivery were not fully established in early trading but were indicated as 2.50 cents per bushel lower compared to Thursday's noon bids for the same delivery period, in following the lower Kansas City May wheat futures.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for March delivery were not fully established in early trading but were indicated as mixed, from 3.25 cents lower to 1.75 cents per bushel higher than Thursday's noon bids. Cash bids were pressured by the lower Minneapolis May wheat futures, however a higher basis bid by some exporters supported cash bids somewhat.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended five cents per cwt higher than Thursday's noon bids. Corn bids truck delivered to the Yakima Valley trended five cents per cwt higher than Thursday's noon bids. Bids were supported by the higher Chicago May corn futures.

All wheat bids in dollars per bushel

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

Mar mostly 8.6125, ranging 8.5925-8.6425

Apr 8.5000-8.6425

May 8.5000-8.6425

Jun NA

Aug NC 7.5400-7.5900

_

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

Mar mostly 8.6125, ranging 8.5925-8.6425

*Not fully established.

_

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

Ordinary protein 8.3200-8.5500

10 pct protein 8.3200-8.5500

11 pct protein 8.5200-8.6300

11.5 pct protein

Mar 8.6200-8.7200

Aug NC 8.1500-8.2000

12 pct protein 8.6700-8.7700

13 pct protein 8.6700-8.8700

_

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 9.2125-9.3225

14 pct protein

Mar 9.3725-9.5225

Aug NC 8.7675-8.8175

15 pct protein 9.3725-9.5225

16 pct protein 9.3725-9.5225

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 14.7500-14.8625

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.7125-15.1250

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

** Not well tested.

Exporter Bids Portland Rail/Barge Feb 2013

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5900

US 1 Hard Red Winter (Ordinary protein) 8.6600

US 1 Hard Red Winter (11.5% protein) 8.9300

US 1 Dark Northern Spring (14% protein) 9.3400

Source: USDA Market News Service, Portland, Ore.