Bids as of 9:30 a.m. Pacific time; Subject to change.

Bids for grains delivered to Portland, Ore., during February 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 February delivery. Bids for corn are for 30 day delivery.

March wheat futures trended steady to 1.25 cents per bushel higher compared to Friday's closes.

Bids for US 1 Soft White Wheat for February delivery in unit trains or barges were not fully established, but bids trended mixed, from five cents lower to 1.25 cents per bushel higher than Friday's noon bids for February delivery. Some exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for February delivery trended steady compared to Friday's noon bids for the same delivery period.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for February delivery trended one cent per bushel higher than Friday's noon bids for the same delivery period. Slightly higher Minneapolis March wheat futures supported cash bids.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 2.50 cents per cwt higher compared to Friday's noon bids. Corn bids truck delivered to the Yakima Valley trended 2.50 cents per cwt higher compared to Friday's noon bids. Corn bids were supported by the higher Chicago corn futures.

All wheat bids in dollars per bushel

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

Feb mostly 8.6925, ranging 8.6000-8.7625

Mar 8.7000-8.9000

Apr 8.7500-8.9000

May 8.7500-8.9000

Aug NC 8.0550-8.2550

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

Feb mostly 8.6925, ranging 8.6000-8.7625

*Not fully established.

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

Ordinary protein 8.9100-9.0800

10 pct protein 8.9100-9.0800

11 pct protein 9.1100-9.2400

11.5 pct protein

Feb 9.2100-9.3200

Aug NC 8.9300-9.0300

12 pct protein 9.2600-9.3700

13 pct protein 9.3600-9.4700

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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 9.2775-9.4175

14 pct protein

Feb 9.4775-9.5775

Aug NC 9.5325-9.6825

15 pct protein 9.4775-9.5775

16 pct protein 9.4775-9.5775

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.3625-15.4000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 15.1375-15.5625

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

** Not well tested.

Exporter Bids Portland Rail/Barge Jan 2013

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5300

US 1 Hard Red Winter (Ordinary protein) 8.9100

US 1 Hard Red Winter (11.5% protein) 9.2100

US 1 Dark Northern Spring (14% protein) 9.4800

Source: USDA Market News Service, Portland, OR