JO_GR110
Portland, OR         Thu  Aug 27, 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 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 1-10, September 11-20 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 closed 2-1/4 to 4-1/2 cents per bushel lower
compared to Wednesdays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for first half September Portland delivery, held steady, while
bids for last half September delivery trended mixed, from five cents
lower to 10 cents per bushel higher compared to Wednesdays noon bids for
September delivery.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat were for
September delivery and had no recent price comparison as yesterdays noon
bids were for August delivery.

   Bids for 14 percent protein US 1 Dark Northern Spring were for
September delivery and had no recent price comparison as yesterdays noon
bids were for August delivery.

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

   Bids for US 2 Yellow Corn were 3-3/4 to five cents per cwt higher
compared to Wednesdays noon bids.  Higher Chicago September and December
corn futures were supportive to bids.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      FH Sep         mostly $ 4.90 , ranging  $4.85  -5.00      unch
      LH Sep         mostly $ 4.95 , ranging  $4.95  -5.00      up 10-dn 5
      FH Oct                                  $4.97  -5.08      dn 3-unch
      LH Oct                                  $5.00  -5.12      unch
      FH Nov                                  $5.02  -5.10      up 1-dn 4
      LH Nov                                  $5.04  -5.12      up 2-dn 4
      Dec                                     $5.06  -5.12      up 2-dn 4
      Jan                                     $5.12             no comp
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Sep     *** mostly $ 4.90 , ranging  $4.85  -5.00      unch
      LH Sep     *** mostly $ 4.95 , ranging  $4.95  -5.00      up 10-dn 5
      FH Oct     ***                          $4.97  -5.08      dn 3-unch
      LH Oct     ***                          $5.00  -5.12      unch
      FH Nov     ***                          $5.02  -5.10      up 1-dn 4
      LH Nov     ***                          $5.04  -5.12      up 2-dn 4
      Dec        ***                          $5.06  -5.12      up 2-dn 4
      Jan        ***                          $5.12             no comp
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      FH Sep         mostly $ 7.40 , ranging  $5.00  -7.90      no comp
      LH Sep         mostly $ 7.45 , ranging  $5.00  -7.95      no comp
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Sep     *** mostly $ 7.40 , ranging  $5.00  -7.90      no comp
      LH Sep     *** mostly $ 7.45 , ranging  $5.00  -7.95      no comp
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 5.01 , ranging  $4.79  -5.23      no comp
 10 pct protein      mostly $ 5.01 , ranging  $4.79  -5.23      no comp
 11 pct protein                               $5.19  -5.53      no comp
 11.5 pct protein
      Sep 1-10       mostly $ 5.50 , ranging  $5.39  -5.65      no comp
      Sep 11-20      mostly $ 5.52 , ranging  $5.45  -5.68      no comp
      Sep 21-30      mostly $ 5.55 , ranging  $5.52  -5.68      no comp
 12 pct protein                               $5.49  -5.78      no comp
 13 pct protein      mostly $ 5.83 , ranging  $5.69  -5.98      no comp
 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                               $4.94  -5.11      no comp
 13 pct protein                               $5.54  -5.71      no comp
 14 pct protein
      Sep            mostly $ 6.25 , ranging  $6.14  -6.31      no comp
 15 pct protein                               $6.54  -6.71      no comp
 16 pct protein                               $6.94  -7.11      no comp
_
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                      $7.7375            up 5
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.5125 -7.8250    up 3.75-up 5
_
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