Posted: Tuesday, September 25, 2012 10:18 AM
Bids as of 9:30 a.m. Pacific time; subject to change.
Bids for grains delivered to Portland, Ore., during September 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 September delivery. Bids for corn are for 30 day delivery.
December wheat futures trended 4.50 to 6.25 cents per bushel lower than Monday's closes.
Bids for US 1 Soft White Wheat for September delivery in unit trains or barges were not fully established in early trading but bids were indicated as mixed, from 5.25 cents lower to five cents per bushel higher than Monday's noon bids for September delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for September delivery were not available in early trading as most exporters were not issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for September delivery were not available as most exporters were not issuing bids for nearby delivery.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 3.75 to 36.25 cents per cwt lower compared to Monday's noon bids. Corn bids truck delivered to the Yakima Valley also trended 3.75 to 27.50 cents per cwt lower than Monday's noon bids. Lower Chicago December corn futures and a lower basis bid by some corn traders pressured cash corn bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Sep mostly 8.7850, ranging 8.7500-8.8175
Oct 8.7175-8.8000
Nov 8.7500-8.9675
Dec 8.9000-9.0175
Jan 8.9000-9.0825
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US 1 White Club Wheat - delivered by Unit Trains and Barges *
Sep mostly 8.7850, ranging 8.7500-8.8175
*Not fully established.
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US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) *
Ordinary protein NA
10 pct protein NA
11 pct protein NA
11.5 pct protein
Sep NA
12 pct protein NA
13 pct protein NA
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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 NA
14 pct protein
Sep NA
15 pct protein NA
16 pct protein NA
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US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 15.1875-15.5875
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 15.4000-15.4750
US 2 Heavy White Oats in dollars per CWT ** 12.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Aug 2012
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.6900
US 1 Hard Red Winter (Ordinary protein) 9.0700
US 1 Hard Red Winter (11.5% protein) 9.3300
US 1 Dark Northern Spring (14% protein) 9.7900
Source: USDA Market News Service, Portland, OR