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

Bids for grains delivered to Portland, Ore., during November 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 and barley bids are for full November delivery. Bids for corn are for 30 day delivery.

Decmber wheat futures trended 3-1/4 to 22-1/4 cents per bushel lower. March wheat futures trended five to 21-1/2 cents per bushel lower than Monday's closes.

Bids for US 1 Soft White Wheat for November delivery in unit trains or barges were not well tested in early trading but were indicated as five to ten cents per bushel lower than Monday's noon bids.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November delivery were not fully established in early trading, but were indicated as generally eight cents per bushel lower than Monday's noon bids in response to the lower Kansas City December and March wheat futures. Some exporters were not issuing bids for nearby delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for November delivery were not well tested in early trading, but were indicated as 22 cents per bushel lower than Monday's noon bids for November delivery. Lower Minneapolis March wheat futures pressured bids. Some exporters removed their bids for nearby delivery. Protein scales for non-guaranteed 14.0 percent protein were plus 15 cents each 1/4 of a

percent of protein up to 16 percent protein and minus 25 to 30 cents each 1/4 of a percent of protein down to 13 percent protein.

Bids for US 2 Barley for November delivery were not well tested.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars trended 3-3/4 to five per cwt lower than Monday's noon bids. Corn bids truck delivered to the Yakima Valley were five cents per cwt lower. Corn bids were pressured by the lower Chicago December and March corn futures.

All wheat bids in dollars per bushel

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

Nov mostly 5.78, ranging 5.75-5.80

Dec 5.80-5.85

Jan 5.85-5.95

Feb 5.90-5.97

Mar 5.95-5.99

_

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

Nov mostly 5.78, ranging 5.75-5.80

* Not fully established.

_

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

Ordinary protein 6.15-6.35

10 pct protein 6.15-6.35

11 pct protein 6.85-6.95

11.5 pct protein

Nov 7.20-7.25

12 pct protein 7.45-7.54

13 pct protein 7.95-8.19

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 8.56-8.76

14 pct protein

Nov 9.76

15 pct protein 10.36

16 pct protein 10.96

* Not fully established.

_

US 2 Barley 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 13.0000-13.0375

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 12.3750-13.1250

_

US 2 Heavy White Oats in dollars per CWT** 10.50

** Not well tested.

Exporter Bids Portland Rail/Barge Oct 2011

Averages in Dollars per bushel

No. 1 Soft White by Unit Trains or Barges 6.25

No. 1 Hard Red Winter (Ordinary protein) 6.82

No. 1 Hard Red Winter (11.5% protein) 7.77

No. 1 Dark Northern Spring (14% protein) 9.97

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

Recommended for you