JO_GR110
Portland, OR         Mon  Sep 14, 2009     USDA Market News

Portland Daily Grain Report
Bids as of 9:30 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 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 Fridays 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 Fridays 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 Fridays 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
_
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

_
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.
_
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.
_
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
_
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