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

Bids for grains delivered to Portland, Ore., during February by rail or barge, 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 February delivery. Bids for corn are for 30 day delivery.

May wheat futures in midday trading trended 1-3/4 to 5-1/4 cents per bushel higher compared to Tuesday's closes.

Bids for US 1 Soft White Wheat for February delivery were steady compared Tuesday's closes in early trading.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for February delivery were not available in early trading.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring for February delivery trended two cents per bushel higher in a limited test in early trading.

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

Bids for US 2 Yellow Corn trended 3-3/4 to five cents per cwt higher than Tuesday's noon bids. Cash bids were supported by the higher Chicago corn futures.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - Any protein - Rail/Barge delivered *

Feb mostly $4.68 , ranging $ 4.60 -4.75

Mar $ 4.65 -4.75

Apr $ 4.65 -4.80

May $ 4.80 -4.85

Aug NC $ 4.60

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US 1 Soft White Wheat & White Club Wheat - ***MAXIMUM 10.5% protein***

Exporters are no longer bidding a premium for maximum 10.5% protein.

_

US 1 White Club Wheat - Any protein - Rail/Barge delivered *

Feb mostly $7.68 , ranging $ 7.60 -7.75

* Not fully established.

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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

Feb NA

Aug NC NA

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 $ 5.61 -5.64

14 pct protein

Feb $ 6.72 -6.81

Aug NC $ 6.24 -6.37

Guaranteed 14

15 pct protein $ 7.60 -7.81

16 pct protein $ 8.48 -8.81

* Not fully established.

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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.

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland $8.6500 -8.7000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley $8.3625 -9.0375

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US 2 Heavy White Oats in dollars per CWT** $7.0000

** Not well tested.

Exporter Bids Portland Rail/Barge Jan 2010

Averages in Dollars per bushel

No. 1 Soft White $4.83

No. 1 Hard Red Winter (Ordinary protein) NA

No. 1 Hard Red Winter (11.5% protein) $5.54

No. 1 Dark Northern Spring (14% protein) $6.71

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

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