JO_GR110
Portland, OR         Tue  Sep 01, 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 10-1/2 to 16-1/4 cents per bushel lower
compared to Mondays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for September Portland delivery trended five cents per bushel
lower than Mondays noon bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for September
delivery were six to 11 cents per bushel lower than Mondays noon bids in
response to the lower Kansas City December wheat futures.

   Bids for 14 percent protein US 1 Dark Northern Spring for September
delivery trended 11 to 16 cents per bushel lower compared to Mondays
noon bids.  Lower Minneapolis December wheat futures weighed on bids,
although an increase in some exporters basis tempered declines.

   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 21-1/4 to 25 cents per cwt lower
compared to Mondays noon bids due to lower Chicago September and
December corn futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      FH Sep         mostly $ 4.80 , ranging  $4.75  -4.85      dn 5
      LH Sep         mostly $ 4.80 , ranging  $4.80  -4.85      dn 5
      FH Oct                                  $4.84  -4.92      dn 3-dn 8
      LH Oct                                  $4.84  -4.94      dn 5-dn 6
      FH Nov                                  $4.88  -4.96      dn 2-dn 9
      LH Nov                                  $4.88  -4.96      dn 3-dn 9
      Dec                                     $4.92  -4.96      dn 1-dn 9
      Jan                                     $4.92  -4.96      dn 8-dn 9
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Sep     *** mostly $ 4.80 , ranging  $4.75  -4.85      dn 5
      LH Sep     *** mostly $ 4.80 , ranging  $4.80  -4.85      dn 5
      FH Oct     ***                          $4.84  -4.92      dn 3-dn 8
      LH Oct     ***                          $4.84  -4.94      dn 5-dn 6
      FH Nov     ***                          $4.88  -4.96      dn 2-dn 9
      LH Nov     ***                          $4.88  -4.96      dn 3-dn 9
      Dec        ***                          $4.92  -4.96      dn 1-dn 9
      Jan        ***                          $4.92  -4.96      dn 8-dn 9
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      FH Sep         mostly $ 7.30 , ranging  $4.85  -8.01      unch-up 1
      LH Sep         mostly $ 7.30 , ranging  $4.85  -8.06      unch-up 6
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Sep     *** mostly $ 7.30 , ranging  $4.85  -8.01      unch-up 1
      LH Sep     *** mostly $ 7.30 , ranging  $4.85  -8.06      unch-up 6
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 4.95 , ranging  $4.75  -5.09      dn 11
 10 pct protein      mostly $ 4.95 , ranging  $4.75  -5.09      dn 11
 11 pct protein                               $5.14  -5.30      dn 11-dn 10
 11.5 pct protein
      Sep 1-10       mostly $ 5.35 , ranging  $5.24  -5.40      dn 11
      Sep 11-20      mostly $ 5.37 , ranging  $5.32  -5.45      dn 11-dn 6
      Sep 21-30      mostly $ 5.40 , ranging  $5.39  -5.45      dn 11-dn 7
 12 pct protein                               $5.29  -5.52      dn 11-dn 7
 13 pct protein      mostly $ 5.60 , ranging  $5.39  -5.66      dn 11-dn 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                               $4.63  -4.82      dn 25-dn 16
 13 pct protein                               $5.35  -5.42      dn 13-dn 16
 14 pct protein
      Sep            mostly $ 6.00 , ranging  $5.92  -6.07      dn 16-dn 11
 15 pct protein                               $6.42  -6.67      dn 6-up 9
 16 pct protein                               $6.82  -7.27      dn 6-up 29
_
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                      $7.5375 -7.5625    dn 21.25-dn
22.5
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.3250 -7.6250    dn 25
_
US 2 Heavy White Oats in dollars per CWT     $7.0000            unch
_
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