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

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

December wheat futures trended steady to 5.50 cents per bushel higher than Tuesday's closes.

Bids for US 1 Soft White Wheat for October delivery in unit trains or barges were not fully established in early trading but bids were indicated as 4.75 to 5.50. Several exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for October delivery were not fully established in early trading, but were indicated as steady compared to Tuesday's noon bids for October delivery. Some exporters were not issuing bids for nearby delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for October delivery were not fully established in early trading, but bids were indicated as 2.25 cents per bushel higher compared to Tuesday's noon bids. Higher Minneapolis December wheat futures supported cash bids. Several 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 11.25 cents per cwt lower compared to Tuesday's noon bids. Lower Chicago December corn futures pressured cash corn bids. Corn bids truck delivered to the Yakima Valley trended 11.25 cents per cwt lower than Tuesday's noon bids in reaction to the lower Chicago December corn futures.

All wheat bids in dollars per bushel

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

Oct mostly 8.7850, ranging 8.6975-8.8475

Nov 8.8475-8.9475

Dec 8.9475-9.0000

Jan 9.0000-9.1125

Feb 9.0000-9.1125

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

Oct mostly 8.7850, ranging 8.6975-8.8475

*Not fully established.

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

Ordinary protein 9.0775-9.3275

10 pct protein 9.0775-9.3275

11 pct protein 9.2875-9.4675

11.5 pct protein

Oct 9.3875-9.5375

12 pct protein 9.4175-9.5575

13 pct protein 9.4775-9.5975

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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 9.7025-9.8925

14 pct protein

Oct 9.9025-10.0525

15 pct protein 9.9025-10.0525

16 pct protein 9.9025-10.0525

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.0125-15.0500

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.6875-15.3500

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

** Not well tested.

Exporter Bids Portland Rail/Barge Sep 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.7700

US 1 Hard Red Winter (Ordinary protein) 9.2700

US 1 Hard Red Winter (11.5% protein) 9.4900

US 1 Dark Northern Spring (14% protein) 9.8600

Source: USDA Market News Service, Portland, OR