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

Bids for grains delivered to Portland, Ore., during April by unit trains and barges, in dollars per bushel, except oats and corn, in dollars per cwt. Bids for soft white wheat are for delivery periods as specified. All other wheat bids are for full April delivery. Bids for corn are for 30 day delivery.

May wheat futures closed 7-1/4 to 12-1/2 cents per bushel lower than Friday's closes.

Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges during April were steady to 20 cents per bushel lower compared to Friday's noon bids for April delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April Portland delivery trended 12 cents per bushel lower than Friday's noon bids. Bids were pressured by the lower Kansas City May wheat futures.

Bids for 14 percent protein US 1 Dark Northern Spring Wheat for April delivery trended eight cents per bushel lower. Lower Minneapolis May wheat futures pressured cash bids. Protein scales were down 15 cents per 1/4 percent protein down to 13 percent protein and up five cents per 1/4 percent protein up to 16 percent protein.

Bids for US 2 Yellow Corn delivered to Portland in single rain cars trended 12-1/2 to 13-3/4 cents per cwt lower than Friday?s noon bids. Corn bids truck delivered to the Yakima Valley trended 10 to 11-1/4 cents per cwt lower. Lower Chicago May and July corn futures pressured bids.

All wheat bids in Dollars per bushel

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

Apr mostly 6.94, ranging 6.90-7.00 unch-dn 20

May 6.90-7.00 dn 10-20

Jun 6.85-6.90 unch-dn 10

Jul 6.70-6.75 unch

Aug NC 6.45-6.55 unch-dn 5

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

Apr mostly 6.94, ranging 6.90-7.00 unch-dn 20

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

Ordinary protein mostly 6.46, ranging 6.41-6.51 dn 12

10 pct protein mostly 6.46, ranging 6.41-6.51 dn 12

11 pct protein 7.01-7.11 dn 12

11.5 pct protein

Apr mostly 7.32, ranging 7.26-7.41 dn 12

Aug NC 6.89-6.94 dn 12

12 pct protein 7.46-7.66 dn 12

13 pct protein mostly 8.05, ranging 7.86-8.16 dn 12

13 pct protein- NA

Milling Quality Montana Origin

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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 8.96-9.01 dn 8

14 pct protein

Apr mostly 9.58, ranging 9.56-9.61 dn 8

Aug NC 8.97-9.17 dn 1

15 pct protein 9.76-9.81 dn 8

16 pct protein 9.96-10.01 dn 8

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 13.4250-13.4500 dn 12.5-13.75

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 13.1875-13.2875 dn 10-11.25

US 2 Heavy White Oats in dollars per CWT 12.50 unch

Exporter Bids Portland Rail/Barge Mar 2012

Averages in Dollars per bushel

No. 1 Soft White by Unit Trains or Barges 7.07

No. 1 Hard Red Winter (Ordinary protein) 6.90

No. 1 Hard Red Winter (11.5% protein) 7.79

No. 1 Dark Northern Spring (14% protein) 9.56

Source: USDA Market News Service, Portland, OR

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