JO_GR110
Portland, OR         Tue  Jun 09, 2009     USDA Market News

***RESENDING.  WITH OAT BIDS.***

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

   Bids for grains delivered to Portland, Oregon during June 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 14 percent protein dark northern spring wheat were
split for June 9-20 delivery and June 21-30 delivery.  All other wheat
and barley bids are for full June delivery.  Bids for corn are for 30 day
delivery.

   July wheat futures closed 12-3/4 to 24-3/4 cents per bushel higher
compared to Mondays closes.  September spring wheat futures closed
20-1/4 cents higher than Mondays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein for June Portland delivery, trended five to 10 cents per bushel
higher compared to Mondays noon bids in response to the higher Chicago
July wheat futures.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June
delivery trended 13 cents per bushel higher compared to Mondays noon
bids in following the moderately higher Kansas City July wheat futures.

   Bids for 14 percent protein US 1 Dark Northern Spring for June
delivery advanced by 25 cents per bushel compared to Mondays noon bids.
Moderately higher Minneapolis July and September wheat futures were
supportive to bids.

   Bids for US 2 barley for June delivery were not available as exporters
were not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn delivered to Portland via single rail cars
advanced by 8-3/4 to 12-1/2 cents per cwt compared to Monday noon bids.
Higher Chicago July corn futures were supportive to bids, although some
corn traders lowered their basis and tempered advances.  Corn bids truck
delivered to the Yakima Valley trended 16-1/4 cents per cwt higher due to
higher Chicago July corn futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      Jun            mostly $ 6.15 , ranging  $6.10  -6.20      up 10-up 5
      Jul                                     $6.10  -6.20      up 10-up 5
      Aug NC                                  $6.10  -6.20      up 5
      Sep                                     $6.20  -6.30      up 11-up 10
      Oct                                     $6.25  -6.40      up 12-up 15
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jun        *** mostly $ 6.15 , ranging  $6.10  -6.20      up 10-up 5
      Jul        ***                          $6.10  -6.20      up 10-up 5

      Aug NC     ***                          $6.10  -6.20      up 5
      Sep        ***                          $6.20  -6.30      up 11-up 10
      Oct        ***                          $6.25  -6.40      up 12-up 15
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      Jun            mostly $ 6.15 , ranging  $6.10  -7.15      unch-up 15
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jun        *** mostly $ 6.15 , ranging  $6.10  -7.15      unch-up 15
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 6.31 , ranging  $6.30  -6.36      up 13
 10 pct protein      mostly $ 6.31 , ranging  $6.30  -6.36      up 13
 11 pct protein                               $6.61  -6.76      up 13
 11.5 pct protein
      Jun            mostly $ 6.96 , ranging  $6.81  -6.96      up 13
      Aug NC                                  $6.89  -7.01      up 12
 12 pct protein                               $7.01  -7.11      up 13
 13 pct protein      mostly $ 7.41 , ranging  $7.26  -7.61      up 13
 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                               $7.08             up 25
 13 pct protein                               $7.68             up 25
 14 pct protein
      Jun 9-20                                $8.28             up 25
      Jun 21-30      mostly $ 8.23 , ranging  $8.18  -8.28      up 25
      FH Aug NC                               $8.15  -8.25      up 20-up 25
      LH Aug NC                               $8.10  -8.25      up 20-up 25
 15 pct protein                               $8.68             up 25
 16 pct protein                               $9.08             up 25
_
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                      $9.4625            up 12.5-up 8.75

  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $9.5375 -9.9875    up 16.25
_
US 2 Heavy White Oats in dollars per CWT     $8.50              unch
_
Exporter Bids Portland Rail/Barge  May 2009
  Averages in Dollars per bushel
_
  No. 1 Soft White                           $5.74
  No. 1 Hard Red Winter (Ordinary protein)   $6.08
  No. 1 Hard Red Winter (11.5% protein)      $6.66
  No. 1 Dark Northern Spring (14% protein)   $8.27
  No. 2 Barley                                NA
_
Source:       USDA Market News Service, Portland, OR