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

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

September wheat futures in early morning trading trended mixed, from 1/4 of a cent lower to 2-1/2 cents per bushel higher than Wednesday's closes.

Bids for US 1 Soft White Wheat for August delivery in unit trains or barges were not fully established in early trading but were indicated as steady to 2-1/2 cents per bushel higher compared Wednesday's noon bids for August delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for full August delivery trended steady compared to Wednesday's noon bids for August delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for August delivery trended generally 1/4 of a cent per bushel lower than Wednesday's noon bids. The slightly lower Minneapolis September wheat futures pressured bids. Some exporters were not issuing bids for nearby delivery. Nearby protein scales were down four to five cents each 1/4 of a percent of protein down to 13 percent protein and zero cents each 1/4 of a percent of protein up to 16 percent protein.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 12-1/2 cents per cwt lower compared to Wednesday's noon bids. The lower Chicago September corn futures pressured cash bids. Corn bids truck delivered to the Yakima Valley also trended 12-1/2 cents per cwt lower compared to Wednesday's noon bids.

All wheat bids in dollars per bushel

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

Aug mostly 8.9100, ranging 8.8000-8.9900

Sep 8.8000-8.9900

Oct 8.7500-8.9800

Nov 8.9500-9.0500

Dec 9.0400-9.1000

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

Aug mostly 8.9100, ranging 8.8000-8.9900

*Not fully established.

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

Ordinary protein 9.1525-9.5025

10 pct protein 9.1525-9.5025

11 pct protein 9.3525-9.6025

11.5 pct protein

Aug 9.4525-9.6525

12 pct protein 9.4525-9.6525

13 pct protein 9.4525-9.6525

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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 9.6650-9.7150

14 pct protein

Aug 9.8650-9.9150

15 pct protein 9.8650-9.9150

16 pct protein 9.8650-9.9150

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 16.9875-17.2000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 16.7500-17.2500

US 2 Heavy White Oats in dollars per CWT ** 11.5000

** Not well tested.

Exporter Bids Portland Rail/Barge Jul 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5300

US 1 Hard Red Winter (Ordinary protein) 8.6600

US 1 Hard Red Winter (11.5% protein) 9.1700

US 1 Dark Northern Spring (14% protein) 10.3400

Source: USDA Market News Service, Portland, Ore.

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