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

Bids for grains delivered to Portland, Oregon during August by rail or barge, 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 and barley bids are for full August delivery. Bids for corn are for 30 day delivery.

September wheat futures in midday trading were 33-1/4 to 39-1/2 cents per bushel lower compared to Thursday's closes.

Bids for US 1 Soft White Wheat for August delivery were not fully established in early trading but bids were indicated as 15 to 40 cents lower for first half August delivery and steady to 20 cents lower for last half August delivery compared to Thursday's noon bids for the same delivery periods.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August delivery were not fully established in early trading.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for August delivery were not fully established in early trading as several exporters were not issuing bids for August new crop delivery.

Bids for US 2 barley for August delivery were not well tested.

Bids for US 2 Yellow Corn trended 10 to 18-3/4 cents per cwt lower than Thursday's noon bids in early trading. Bids were pressured by the lower Chicago September corn futures.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - Any protein - Rail/Barge delivered *

FH Aug mostly $6.75 , ranging $ 6.70 -6.80

LH Aug mostly $6.75 , ranging $ 6.70 -6.80

Sep $ 6.70 -6.80

Oct $ 6.70 -6.80

Nov $ 6.70 -6.85

Dec $ 6.70 -6.90

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US 1 Soft White Wheat & White Club Wheat - ***MAXIMUM 10.5% protein***

Exporters are no longer bidding a premium for maximum 10.5% protein.

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US 1 White Club Wheat - Any protein - Rail/Barge delivered *

FH Aug mostly $6.93 , ranging $ 6.80 -7.45

LH Aug mostly $6.93 , ranging $ 6.80 -7.45

* 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

Aug NA

12 pct protein NA

13 pct protein NA

13 pct protein- NA

Milling Quality Montana Origin

* Not fully established.

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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) *

12 pct protein NA

13 pct protein NA

14 pct protein

Aug NA

15 pct protein NA

16 pct protein NA

* Not fully established.

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US 2 Barley in dollars per CWT

Unit trains & Barges-export (45 lbs.) * NA

Merchandiser Bids-Single rail cars-domestic (48 lbs. or better)

Delivered to Portland NA

Delivered to inland feeding areas NA

FOB inland Country Elevators NA

* Not fully established.

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland $8.7500 -9.1500

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley $8.6625 -9.2500

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

** Not well tested.

Exporter Bids Portland Rail/Barge Jul 2010

Averages in Dollars per bushel

No. 1 Soft White $4.88

No. 1 Hard Red Winter (Ordinary protein) $4.76

No. 1 Hard Red Winter (11.5% protein) $5.36

No. 1 Dark Northern Spring (14% protein) $6.57

No. 2 Barley NA

Source: USDA Market News Service, Portland, Ore.

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