Bids as of 11:30 a.m.; subject to change.
Bids for grains delivered to Portland, Ore., during April 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 April delivery. Bids for corn are for 30 day delivery.
May wheat futures closed 5-1/2 to six cents per bushel higher compared to Wednesday's closes.
Bids for US 1 Soft White Wheat for April Portland delivery were steady compared to Wednesday's noon bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April delivery were mixed, from one cent lower to six cents per bushel higher compared to Wednesday's noon bids. Higher Kansas City May wheat futures supported cash bids, while a lower basis bid by some exporters pressured cash bids.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for April delivery were five cents per bushel higher, supported by higher Minneapolis May wheat futures at the close.
Bids for US 2 Barley for April delivery were not available as exporters were not issuing bids for April delivery.
Bids for US 2 Yellow Corn trended 8-3/4 to 10 cents per cwt higher in response to the higher Chicago May corn futures.
All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
Apr mostly $ 4.75 , ranging $4.70 -4.80 unch
May $4.70 -4.80 unch
Jun $4.70 -4.80 unch
Jul $4.70 -4.80 unch
Aug NC $4.75 -4.80 unch
US 1 Soft White Wheat & White Club Wheat - ***MAXIMUM 10.5% protein***
Exporters are no longer bidding premiums for maximum 10.5% protein SWW.
US 1 White Club Wheat - Any protein - Rail/Barge delivered
Apr mostly $ 6.75 , ranging $4.80 -7.75 unch
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better)
Ordinary protein mostly $ 4.71 , ranging $4.62 -4.80 up 6-dn 3
10 pct protein mostly $ 4.71 , ranging $4.62 -4.80 up 6-dn 3
11 pct protein $5.12 -5.20 up 6-dn 3
11.5 pct protein
Apr mostly $ 5.40 , ranging $5.37 -5.42 up 6-dn 1
Aug NC $5.39 -5.49 up 6
12 pct protein $5.47 -5.57 up 6-dn 1
13 pct protein mostly $ 5.89 , ranging $5.83 -5.97 up 6
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 $5.41 -5.72 up 5
14 pct protein
Apr mostly $ 6.93 , ranging $6.81 -7.07 up 5
Aug NC $6.34 -6.40 up 5
15 pct protein $7.92 -8.27 up 5
16 pct protein $8.92 -9.47 up 5
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
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland $8.4500 up 8.75
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley $8.1875 -8.7125 up 10-up 8.75
US 2 Heavy White Oats in dollars per CWT $7.0000 unch
Exporter Bids Portland Rail/Barge Mar 2010
Averages in Dollars per bushel
No. 1 Soft White $4.64
No. 1 Hard Red Winter (Ordinary protein) $4.60
No. 1 Hard Red Winter (11.5% protein) $5.28
No. 1 Dark Northern Spring (14% protein) $6.83
No. 2 Barley NA
Source: USDA Market News Service, Portland, OR