JO_GR110
Portland, OR         Tue  Jun 09, 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 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 are
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 in midday trading were 10-1/4 to 12-1/2 cents per
bushel higher compared to Mondays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for June Portland delivery were not fully established in early
trading but were indicated as generally steady with Mondays noon
bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June
delivery were not fully established in early trading but were indicated
as 10 cents per bushel higher than Mondays noon bids in lining up with
the moderately higher Kansas City July wheat futures in early trading.

   Bids for 14 percent protein US 1 Dark Northern Spring for June
delivery were not fully established in early trading but bids were
indicated as 13 cents per bushel higher in following the moderately
higher Minneapolis July and September wheat futures.

   Bids for US 2 barley for June delivery were not available.

   Bids for US 2 Yellow Corn advanced by 13-3/4 to 15 cents per cwt
compared to Mondays noon bids due to the 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 -6.15
      Jul                                        $ 6.10 -6.15
      Aug NC                                     $ 6.10 -6.15
      Sep                                        $ 6.20
      Oct                                        $ 6.25
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      Jun         ***    mostly $6.15 , ranging  $ 6.10 -6.15
      Jul         ***                            $ 6.10 -6.15
      Aug NC      ***                            $ 6.10 -6.15
      Sep         ***                            $ 6.20
      Oct         ***                            $ 6.25
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered *
      Jun                mostly $6.15 , ranging  $ 6.10 -6.15
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      Jun         ***    mostly $6.15 , ranging  $ 6.10 -6.15
 * Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
   Ordinary protein                              $ 6.27 -6.28
   10 pct protein                                $ 6.27 -6.28
   11 pct protein                                $ 6.58 -6.68
   11.5 pct protein
      Jun                                        $ 6.78 -6.93
      Aug NC                                     $ 6.87 -6.94
   12 pct protein                                $ 6.98 -7.08
   13 pct protein                                $ 7.38 -7.58
   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                                $ 6.96
   13 pct protein                                $ 7.56
   14 pct protein
      Jun 9-20                                   $ 8.16
      Jun 21-30                                  $ 8.06 -8.16
      FH Aug NC                                  $ 8.08 -8.13
      LH Aug NC                                  $ 8.03 -8.13
   15 pct protein                                $ 8.56
   16 pct protein                                $ 8.96
 * 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                        $9.4875  -9.5125
  Rail and Truck del to Willamette Vly          NA
  Rail del to Yakima Valley                     NA
  Truck del to Yakima Valley                   $9.5125  -9.9625
_
US 2 Heavy White Oats in dollars per CWT**     $8.5000
 ** Not well tested.

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