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

Bids for grains delivered to Portland, Oregon during September 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 September delivery. Bids for corn are for 30 day delivery.

December wheat futures trended mixed, from four cents lower to 1/2 of a cent per bushel higher than Thursday's closes.

Bids for US 1 Soft White Wheat for September delivery in unit trains or barges were not available in early trading as most exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for September delivery were not fully established in early trading but were indicated as three cents per bushel lower than Thursday's noon bids in following the lower Kansas City December wheat futures. Some exporters were not issuing bids for nearby delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for September delivery were not fully established in early trading, but bids were indicated as one cent per bushel higher than Thursday's noon bids in following the slightly higher Minneapolis December wheat futures. Some exporters are not issuing bids for nearby delivery. Protein scales for non-guaranteed 14.0 percent protein were plus zero to three cents each 1/4 of a percent of protein up to 16 percent protein and minus five to eight cents each 1/4 of a percent of protein down to 13 percent protein.

Bids for US 2 Barley for September delivery were not well tested.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars were 1-1/4 to 2-1/2 cents per cwt higher. Bids for corn truck delivered to the Yakima Valley were 2-1/2 cents per cwt higher compared to Thursday's noon bids. Corn bids were supported by the higher Chicago December corn futures.

All wheat bids in dollars per bushel

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

FH Sep NA

LH Sep NA

FH Oct 7.05-7.19

LH Oct 7.15-7.22

Nov 7.20-7.28

Dec 7.25-7.34

Jan 7.30-7.40

_

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

FH Sep NA

LH Sep NA

* Not fully established.

_

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

Ordinary protein 7.83-7.98

10 pct protein 7.83-7.98

11 pct protein 8.43-8.58

11.5 pct protein

Sep 8.73-8.88

12 pct protein 8.93-9.08

13 pct protein 9.33-9.43

13 pct protein- NA

Milling Quality Montana Origin

* Not fully established.

_

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 9.69-9.79

14 pct protein

Sep 9.89-10.09

15 pct protein 9.89-10.21

16 pct protein 9.89-10.33

* Not fully established.

_

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 NA

FOB inland Country Elevators NA

* Not fully established.

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.4500-15.5000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 15.2750-15.9500

_

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

** Not well tested.

Exporter Bids Portland Rail/Barge Aug 2011

Averages in Dollars per bushel

No. 1 Soft White by Unit Trains or Barges 6.92

No. 1 Hard Red Winter (Ordinary protein) 7.26

No. 1 Hard Red Winter (11.5% protein) 8.52

No. 1 Dark Northern Spring (14% protein) 9.83

No. 2 Barley NA

Source: USDA Market News Service, Portland, Ore.

Recommended for you