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

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

March wheat futures in midday trading were 7-3/4 to 10 cents per bushel higher compared to Monday's closes.

Bids for US 1 Soft White Wheat for December delivery were not fully established in early trading, but were indicated as steady to five cents per bushel higher compared to Monday's noon bids in a limited test.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for December delivery were not fully established in early trading. Some exporters were not issuing bids for December delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring for December delivery were also not fully established in early trading. Some exporters are not bidding for nearby delivery. Some exporters are bidding a premium for guaranteed 14 percent protein dark northern spring wheat bids.

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

Bids for US 2 Yellow Corn trended five cents per cwt higher compared to Monday's noon bids due to the higher Chicago December and March corn futures.

All wheat bids in dollars per bushel

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

Dec mostly $5.00 , ranging $ 4.90 -5.10

Jan $ 4.95 -5.15

Feb $ 5.10 -5.20

Mar $ 5.15 -5.25

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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 *

Dec mostly $7.50 , ranging $ 7.10 -7.90

* 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

Dec 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 NA

14 pct protein

Dec NA

Guaranteed 14 NA

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.

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland $9.0250 -9.1000

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley $8.8500 -9.3000

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

** Not well tested.

Exporter Bids Portland Rail/Barge Nov 2009

Averages in Dollars per bushel

No. 1 Soft White $4.89

No. 1 Hard Red Winter (Ordinary protein) $5.09

No. 1 Hard Red Winter (11.5% protein) $5.72

No. 1 Dark Northern Spring (14% protein) $6.95

No. 2 Barley NA

Source: USDA Market News Service, Portland, OR

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