Bids as of 9:30 a.m.; subject to change.
Bids for grains delivered to Portland, Ore., during April 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 April delivery. Bids for corn are for 30 day delivery.
May wheat futures trended 4-1/2 to 8-1/4 cents per bushel lower in midmorning trading compared with Tuesday's closes.
Bids for US 1 Soft White Wheat for April delivery by unit trains and barges and were not available in early trading as several exporters were not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April delivery trended eight cents per bushel lower than Tuesday's noon bids due to the lower Kansas City May wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for April delivery trended six cents per bushel lower than Tuesday's noon bids in following the lower Minneapolis May wheat futures. Protein scales for non-guaranteed 14.0 percent protein were plus 35 to 40 cents each 1/4 of a percent of protein up to 16 percent protein and minus
40 to 45 cents each 1/4 of a percent of protein down to 13 percent protein. Some exporters are bidding a premium for guaranteed dark and guaranteed 14 percent protein dark northern spring wheat.
Bids for US 2 barley for April delivery were not well tested.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars trended 11-1/4 cents per cwt lower than Tuesday's noon bids due to the lower Chicago May corn futures. 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 Unit Trains and Barges
Apr NA
May $ 7.90 -8.00
Jun $ 7.90 -8.00
Jul $ 7.90 -8.00
Aug NC $ 7.90 -8.00
_
US 1 White Club Wheat - delivered by Unit Trains and Barges
Apr NA
* Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) *
Ordinary protein $ 8.37 -8.52
10 pct protein $ 8.37 -8.52
11 pct protein $ 9.27 -9.42
11.5 pct protein
Apr $ 9.62 -9.87
Aug NC $ 9.69 -9.74
12 pct protein $ 9.92 -10.27
13 pct protein $ 10.52-11.07
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 $ 10.51-10.56
14 pct protein
Apr $ 12.11-12.31
Aug NC $ 10.87-11.12
GTN Dark, GTN 14% Apr $ 12.46-12.66
15 pct protein $ 13.51-13.91
16 pct protein $ 14.91-15.51
* 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 $15.3250 -15.4000
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 Mar 2011
Averages in Dollars per bushel
No. 1 Soft White by Unit Trains or Barges $7.44
No. 1 Hard Red Winter (Ordinary protein) $7.63
No. 1 Hard Red Winter (11.5% protein) $8.85
No. 1 Dark Northern Spring (14% protein) $11.50
No. 2 Barley NA
Source: USDA Market News Service, Portland, OR
