***THIS REPORT WILL NOT BE ISSUED ON MONDAY, JANUARY 2 DUE TO THE FEDERAL

HOLIDAY. THE NEXT ISSUE OF THIS REPORT WILL BE TUESDAY JANUARY 3.***

Bids as of 11:30 a.m.; subject to change.

Bids for grains delivered to Portland, Ore., during January 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 and barley bids are for full January delivery. Bids for corn are for 30 day delivery.

March wheat futures closed mixed, from 5-3/4 cents lower to 19 cents per bushel higher than Thursday's closes.

Bids for US 1 Soft White Wheat delivered to Portland by unit trains and barges during January trended steady to five cents per bushel lower compared to Thursday's bids for the same delivery period.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January delivery trended 19 cents per bushel higher than Thursday's noon bids. Cash bids were supported by the higher Kansas City March wheat futures.

Bids for 14 percent protein US 1 Dark Northern Spring Wheat for January delivery trended five cents per bushel lower than Thursday's noon bids. The lower Minneapolis March wheat futures pressured bids. Protein scales for non-guaranteed 14.0 percent protein were plus 10 to 20 cents each 1/4 of a percent of protein up to 16 percent protein and minus 25 cents each 1/4 of a percent of protein down to 13 percent protein. Some exporters removed their bids for nearby delivery.

Bids for US 2 Barley for January delivery were not available.

Bids for US 2 Yellow Corn delivered to Portland via single rail cars trended 15 to 16-1/4 cents per cwt higher compared to Thursday's bids, and corn bids truck delivered to the Yakima Valley trended 15 cents per cwt higher, 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

Jan mostly 6.20, ranging 6.05-6.20 unch-dn 5

Feb 6.22-6.25 dn 3-2

Mar 6.24-6.30 dn 5-unch

Apr 6.26-6.35 dn 4-up 4

May 6.28-6.35 no comp

_

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

Jan mostly 6.20, ranging 6.05-6.20 unch-dn 5

_

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

Ordinary protein mostly 6.79, ranging 6.57-6.83 up 19

10 pct protein mostly 6.79, ranging 6.57-6.83 up 19

11 pct protein 7.27-7.43 up 19

11.5 pct protein

Jan mostly 7.72, ranging 7.62-7.77 up 19

12 pct protein 7.87-8.17 up 19

13 pct protein mostly 8.62, ranging 8.37-9.07 up 19

13 pct protein- NA

Milling Quality Montana Origin

_

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 8.85-8.90 dn 5

14 pct protein

Jan mostly 9.88, ranging 9.85-9.90 dn 5

15 pct protein 10.25-10.70 dn 5

16 pct protein 10.65-11.50 dn 5

_

US 2 Barley 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

FOB inland Country Elevators NA

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 13.8000-13.8125 up 16.25-15.00

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 13.2250-14.0125 up 15

US 2 Heavy White Oats in dollars per CWT 10.50 no comp

Exporter Bids Portland Rail/Barge Nov 2011

Averages in Dollars per bushel

No. 1 Soft White by Unit Trains or Barges 6.05

No. 1 Hard Red Winter (Ordinary protein) 6.54

No. 1 Hard Red Winter (11.5% protein) 7.51

No. 1 Dark Northern Spring (14% protein) 10.01

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

Recommended for you