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 12.25 cents per bushel higher than Thursday's closes. March Minneapolis wheat futures were 7.25 cents per bushel higher than Thursday's closes.

Bids for US 1 Soft White Wheat for October delivery in unit trains or barges were not available in early trading as 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 Thursday'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 6.50 to 7.50 cents per bushel higher compared to Thursday's noon bids. Higher Minneapolis December wheat futures supported cash bids. Some exporters switched their basis to over the

Minneapolis March spring wheat futures. 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 8.75 to ten cents per cwt higher compared to Thursday's noon bids. Higher Chicago December corn futures supported cash corn bids. Corn bids truck delivered to the Yakima Valley also trended 8.75 to ten cents per cwt higher than Thursday's noon bids.

All wheat bids in dollars per bushel

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

Oct NA

Nov 8.9575-9.0575

Dec 9.0000-9.1075

Jan 9.0000-9.1700

Feb 9.0300-9.1700

_

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

Oct NA

*Not fully established.

_

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

Ordinary protein 9.3475-9.5875

10 pct protein 9.3475-9.5875

11 pct protein 9.5475-9.7275

11.5 pct protein

Oct 9.6475-9.7975

12 pct protein 9.6775-9.8175

13 pct protein 9.7375-9.8575

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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 9.9050-10.2650

14 pct protein

Oct 10.1050-10.4250

15 pct protein 10.1050-10.4250

16 pct protein 10.1050-10.4250

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.5875-15.6125

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 15.2375-15.8875

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

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