Bids as of 9:30 a.m. Pacific time; Subject to change.

Bids for grains delivered to Portland, Ore., during October 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 October delivery. Bids for corn are for 30 day delivery.

December wheat futures trended seven to 13.25 cents per bushel higher than Monday's closes.

Bids for US 1 Soft White Wheat for October delivery in unit trains or barges were not fully established in early trading but bids were indicated as higher. Several exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for October delivery were not fully established in early trading, but were indicated as 13.25 cents per bushel higher than Monday's noon bids for October delivery in lining up with the higher Kansas City December 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 October delivery had no recent price comparison available as yesterday's noon bids were not available. Several exporters were not issuing bids for nearby delivery.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended 3.75 to 7.50 cents per cwt higher compared to Monday's noon bids. Higher Chicago December corn futures and a higher basis bid by some corn traders were supportive to cash corn bids. Corn bids truck delivered to the Yakima Valley trended 3.75 cents per cwt higher than Monday's noon bids in reaction to the higher Chicago December corn futures.

All wheat bids in dollars per bushel

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

Oct mostly 8.7025, ranging 8.6925-8.8425

Nov 8.8425-8.9425

Dec 8.9425-9.0000

Jan 8.9000-9.1000

Feb 8.9000-9.1000

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

Oct mostly 8.7025, ranging 8.6925-8.8425

*Not fully established.

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

Ordinary protein 9.1500-9.4000

10 pct protein 9.1500-9.4000

11 pct protein 9.3600-9.5400

11.5 pct protein

Oct 9.4600-9.6100

12 pct protein 9.4900-9.6300

13 pct protein 9.5500-9.6700

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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 9.7150-9.8650

14 pct protein

Oct 9.9150-10.0650

15 pct protein 9.9150-10.0650

16 pct protein 9.9150-10.0650

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.1625-15.2000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.8375-15.5000

US 2 Heavy White Oats in dollars per CWT ** 13.2500

** Not well tested.

Exporter Bids Portland Rail/Barge Sep 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.7700

US 1 Hard Red Winter (Ordinary protein) 9.2700

US 1 Hard Red Winter (11.5% protein) 9.4900

US 1 Dark Northern Spring (14% protein) 9.8600

Source: USDA Market News Service, Portland, OR

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