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

Bids for grains delivered to Portland, Ore., during September 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. Bids for 11.5 percent protein hard red winter wheat were split for September 14-20 and September 21-30. All other wheat and barley bids are for full September delivery. Bids for corn are for 30 day delivery.

December wheat futures in midday trading were five to 10-1/4 cents per bushel lower compared to Friday's closes.

Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent protein, for September delivery were not fully established in early trading were indicated as steady to 10 cents per bushel lower compared to Friday's noon bids. Bids were pressured by lower Chicago December wheat futures in early trading.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for September delivery were not fully established but were indicated as generally seven to nine cents lower in lining up with lower Kansas City December wheat futures.

Bids for 14 percent protein US 1 Dark Northern Spring for September delivery were not fully established in early trading but were indicated as 12 to 27 cents per bushel higher. A higher basis bid by some exporters were supportive to bids in early trading.

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

Bids for US 2 Yellow Corn were 2-1/2 to instances of 12-1/2 cents per cwt higher than Friday's noon bids due to the higher Chicago September and December corn futures in early trading.

All wheat bids in dollars per bushel

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

Sep $ 4.50

Oct $ 4.52 -4.55

Nov $ 4.53 -4.63

Dec $ 4.55 -4.68

Jan $ 4.56 -4.70

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US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *

Sep *** $ 4.50

Oct *** $ 4.52 -4.55

Nov *** $ 4.53 -4.63

Dec *** $ 4.55 -4.68

Jan *** $ 4.56 -4.70

_

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

Sep mostly $7.40 , ranging $ 7.25 -7.50

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US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *

Sep *** mostly $7.40 , ranging $ 7.25 -7.50

* Not fully established.

_

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

Ordinary protein $ 4.37 -4.64

10 pct protein $ 4.37 -4.64

11 pct protein $ 4.77 -4.91

11.5 pct protein

Sep 14-20 $ 4.97 -4.98

Sep 21-30 $ 4.99 -5.06

12 pct protein $ 5.01 -5.14

13 pct protein $ 5.10 -5.30

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 NA

14 pct protein

Sep $ 5.98 -6.21

15 pct protein NA

16 pct protein NA

* 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.

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland $7.4250 -7.5750

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley $7.2875 -7.7000

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

** Not well tested.

Exporter Bids Portland Rail/Barge Aug 2009

Averages in Dollars per bushel

No. 1 Soft White $4.90

No. 1 Hard Red Winter (Ordinary protein) $5.03

No. 1 Hard Red Winter (11.5% protein) $5.57

No. 1 Dark Northern Spring (14% protein) $6.37

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

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