Bids as of 9:30 a.m.; subject to change.
Bids for grains delivered to Portland, Oregon during June 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 June delivery. Bids for corn are for 30 day delivery.
July wheat futures in midday trading were mixed, from one cent lower to 1/2 of a cent per bushel higher compared to Friday's closes.
Bids for US 1 Soft White Wheat for June delivery were not fully established in early trading but were indicated as steady to firm compared to Friday's noon bids in a limited test.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June delivery were not fully established in early trading but bids were indicated as one cent per bushel lower in following the lower Kansas City July wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for June delivery were also not fully established in early trading, but were indicated as steady compared to Friday's noon bids.
Bids for US 2 barley for June delivery were not well tested.
Bids for US 2 Yellow Corn trended 6-1/4 cents per cwt lower in early trading. Lower Chicago July corn futures weighed on bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered *
Jun mostly $4.52 , ranging $ 4.50 -4.55
Jul $ 4.50 -4.55
Aug NC $ 4.45 -4.50
Sep $ 4.54 -4.55
Oct $ 4.60 -4.61
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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 *
Jun mostly $5.27 , ranging $ 4.50 -7.55
* Not fully established.
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US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) *
Ordinary protein $ 4.30 -4.34
10 pct protein $ 4.30 -4.34
11 pct protein $ 4.70 -4.74
11.5 pct protein
Jun $ 4.90 -4.94
Aug NC $ 4.88 -4.99
12 pct protein $ 5.01 -5.06
13 pct protein $ 5.31 -5.39
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
Jun $ 6.13 -6.23
Aug 1-10 $ 5.95 -6.21
Aug 11-20 $ 5.85 -6.15
Aug 21-31 $ 5.80 -6.13
15 pct protein $ 7.13 -7.23
16 pct protein $ 8.13 -8.23
* 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 $7.8875
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley $7.5500 -8.2375
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US 2 Heavy White Oats in dollars per CWT** NA
** Not well tested.
Exporter Bids Portland Rail/Barge May 2010
Averages in Dollars per bushel
No. 1 Soft White $4.76
No. 1 Hard Red Winter (Ordinary protein) $4.76
No. 1 Hard Red Winter (11.5% protein) $5.30
No. 1 Dark Northern Spring (14% protein) $6.55
No. 2 Barley NA
Source: USDA Market News Service, Portland, Ore.
