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

Bids for grains delivered to Portland, Ore., during January by rail only, 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 January delivery. Bids for

corn are for 30 day delivery.

March wheat futures in midday trading were 12-1/2 to 17-1/4 cents per bushel higher compared to Friday's closes.

Bids for US 1 Soft White Wheat for January delivery by rail were not well tested in early trading but were indicated as steady to ten cents per bushel higher than Friday's noon bids.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January delivery were not well tested in early trading. Several exporters were not issuing bids for nearby delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for January delivery were also not fully established in early trading as most exporters were not issuing bids for nearby delivery.

Bids for US 2 barley for January delivery were not well tested.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars trended 15 to 16-1/4 cents per cwt higher than Friday's noon bids. Higher Chicago March corn futures supported cash bids. Bids for corn bids truck delivered to the Yakima Valley were not well tested.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - delivered by Rail ONLY *

Jan * $ 7.70

Feb * $ 7.70

Mar * $ 7.70

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

Apr ** $ 7.70 -7.90

May ** $ 7.70 -7.90

Aug NC ** $ 7.50 -7.90

_

US 1 White Club Wheat - delivered by Rail ONLY *

Jan * mostly $7.95 , ranging $ 7.70 -8.20

* Not fully established.

_

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

Ordinary protein NA

10 pct protein NA

11 pct protein NA

11.5 pct protein

Jan NA

Aug NC $ 8.77 -8.79

12 pct protein NA

13 pct protein NA

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 NA

14 pct protein

Jan NA

Aug NC $ 10.00-10.05

15 pct protein NA

16 pct protein NA

* Not fully established.

_

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.

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland $13.2625 -13.2750

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley NA

_

US 2 Heavy White Oats in dollars per CWT** $10.2500

** Not well tested.

Exporter Bids Portland Rail/Barge Dec 2010

Averages in Dollars per bushel

No. 1 Soft White by Unit Trains or Barges $7.34

No. 1 Hard Red Winter (Ordinary protein) $7.10

No. 1 Hard Red Winter (11.5% protein) $8.15

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

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

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