JO_GR110
Portland, OR         Mon  Aug 24, 2009     USDA Market News

Portland Daily Grain Report
Bids as of 11:30 a.m.;   Subject to change

   Bids for grains delivered to Portland, Oregon during August 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 August delivery.
Bids for corn are for 30 day delivery.

   September wheat futures were six to 11-1/2 cents per bushel higher
compared to Fridays closes.  Kansas City December wheat futures closed
9-1/4 cents per bushel higher and Minneapolis December spring wheat
closed 6-1/4 cents higher.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for August Portland delivery, had no recent price comparison
available as Fridays noon bids were not available.  Some exporters are
not issuing bids for nearby delivery.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were nine cents per bushel higher compared to Fridays noon
bids in lining up with the higher Kansas City September and December
wheat futures.  Some exporters were not issuing bids for nearby delivery.

   Bids for 14 percent protein US 1 Dark Northern Spring for August
delivery trended four to six cents per bushel higher than Fridays noon
bids in reaction to the higher Minneapolis September and December wheat
futures.

   Bids for US 2 Barley for August delivery were not available as
exporters were not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn trended 13-3/4 cents per cwt higher
compared to Fridays noon bids in reaction to the higher September corn
futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      Aug            mostly $ 4.80 , ranging  $4.75  -4.85      no comp
      FH Sep                                  $4.85  -4.96      unch-dn 4
      LH Sep                                  $4.95  -5.05      up 10-up 2
      FH Oct                                  $4.98  -5.08      up 3
      LH Oct                                  $4.99  -5.11      up 4-up 5
      FH Nov                                  $5.01  -5.14      up 1-up 5
      LH Nov                                  $5.02  -5.16      up 2-up 4
      Dec                                     $5.04  -5.18      dn 1-up 6
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Aug        *** mostly $ 4.80 , ranging  $4.75  -4.85      no comp
      FH Sep     ***                          $4.85  -4.96      unch-dn 4
      LH Sep     ***                          $4.95  -5.05      up 10-up 2
      FH Oct     ***                          $4.98  -5.08      up 3
      LH Oct     ***                          $4.99  -5.11      up 4-up 5
      FH Nov     ***                          $4.01  -5.14      dn 99-up 5
      LH Nov     ***                          $5.02  -5.16      up 2-up 4
      Dec        ***                          $5.04  -5.18      dn 1-up 6
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      Aug            mostly $ 6.55 , ranging  $4.75  -7.30      no comp
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Aug        *** mostly $ 6.55 , ranging  $4.75  -7.30      no comp
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 4.91 , ranging  $4.78  -5.04      up 9
 10 pct protein      mostly $ 4.91 , ranging  $4.78  -5.04      up 9
 11 pct protein                               $5.18  -5.34      up 9
 11.5 pct protein
      Aug            mostly $ 5.44 , ranging  $5.38  -5.49      up 9
 12 pct protein                               $5.48  -5.59      up 9
 13 pct protein      mostly $ 5.79 , ranging  $5.78  -5.79      up 9
 13 pct protein-                               NA
    Milling Quality Montana Origin
_
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                               $4.93  -4.95      up 6-up 1
 13 pct protein                               $5.53  -5.55      up 6-up 1
 14 pct protein
      Aug            mostly $ 6.15 , ranging  $6.13  -6.18      up 6-up 4
 15 pct protein                               $6.53  -6.55      up 6-up 1
 16 pct protein                               $6.93  -6.95      up 6-up 1
_
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
_
US 2 Yellow Corn  in dollars per CWT
  Domestic-single rail cars
  Delivered full coast-BN                     NA
  Delivered to Portland                      $7.7000 -7.7750    up 13.75
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.6375 -7.9375    up 13.75
_
US 2 Heavy White Oats in dollars per CWT     $7.0000            unch
_
Exporter Bids Portland Rail/Barge  Jul 2009
  Averages in Dollars per bushel
_
  No. 1 Soft White                           $5.32
  No. 1 Hard Red Winter (Ordinary protein)   $5.38
  No. 1 Hard Red Winter (11.5% protein)      $5.97
  No. 1 Dark Northern Spring (14% protein)   $7.02
  No. 2 Barley                                NA
_
Source:       USDA Market News Service, Portland, OR
              Tiffany Smit                   (503) 326-2237
              24 hour price information:     (503) 326-2022
                            www.ams.usda.gov/mnreports/jo_gr110.tx