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

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

September wheat futures in midday trading were 9-3/4 to 19-3/4 cents per bushel higher compared to Tuesday's closes.

Bids for US 1 Soft White Wheat for July delivery were not fully established in early trading but bids were indicated as five cents per bushel higher in early trading.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July delivery were not fully established in early trading as several exporters were not issuing bids for nearby delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for July delivery were not fully established in early trading, but were indicated as 10 cents per bushel higher than Tuesday's noon bids in following the higher Minneapolis September spring wheat futures.

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

Bids for US 2 Yellow Corn trended 50 cents per cwt higher than Tuesday's noon bids due to the higher Chicago September corn futures.

All wheat bids in dollars per bushel

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

Jul mostly $4.60 , ranging $ 4.55 -4.65

Aug NC $ 4.60 -4.65

Sep $ 4.55 -4.65

Oct $ 4.60 -4.70

Nov $ 4.65 -4.75

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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.

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

Jul mostly $5.35 , ranging $ 4.55 -7.65

* 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

Jul NA

Aug NC NA

12 pct protein NA

13 pct protein NA

13 pct protein- NA

Milling Quality Montana Origin

* Not fully established.

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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) *

12 pct protein NA

13 pct protein $ 4.85 -5.08

14 pct protein

Jul $ 6.05 -6.33

Aug 1-10 $ 6.13 -6.20

Aug 11-20 $ 6.13 -6.20

Aug 21-31 $ 6.10 -6.23

15 pct protein $ 7.05 -7.33

16 pct protein $ 8.05 -8.33

* 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 $8.2375 -8.3250

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley $8.0625 -8.6875

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

** Not well tested.

Exporter Bids Portland Rail/Barge May 2010

Averages in Dollars per bushel

No. 1 Soft White $4.76

No. 1 Hard Red Winter (Ordinary protein) $4.76

No. 1 Hard Red Winter (11.5% protein) $5.30

No. 1 Dark Northern Spring (14% protein) $6.55

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

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