JO_GR110
Portland, OR         Fri  Jun 19, 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 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.  All other wheat and barley bids are for full June delivery.
Bids for corn are for 30 day delivery.

   September wheat futures closed 4-1/4 to seven cents per bushel lower
compared to Thursdays closes.  Kansas City July wheat futures closed 4-
1/4 cents lower.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein for June Portland delivery, trended steady to two cents per
bushel lower compared to Thursdays noon bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June
delivery trended mixed, from five cents lower to one cent per bushel
higher compared to Thursdays noon bids.  Lower Kansas City July and
September wheat futures were a pressuring factor, while some exporters
raised their basis in order to partially offset the lower futures.

   Bids for 14 percent protein US 1 Dark Northern Spring for June
delivery were generally six cents per bushel lower in response to lower
Minneapolis September spring wheat futures.

   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 ranged from 6-1/4 to 7-1/2 cents per bushel
lower, pressured by lower Chicago July corn futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      Jun            mostly $ 5.80 , ranging  $5.70  -5.85      dn 2-unch
      Jul                                     $5.80  -5.85      unch
      Aug NC                                  $5.85  -5.90      up 5
      Sep                                     $5.85  -5.95      dn 5-up 5
      Oct                                     $5.90  -5.95      dn 5
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jun        *** mostly $ 5.80 , ranging  $5.70  -5.85      dn 2-unch
      Jul        ***                          $5.80  -5.85      unch
      Aug NC     ***                          $5.85  -5.90      up 5
      Sep        ***                          $5.85  -5.95      dn 5-up 5
      Oct        ***                          $5.90  -5.95      dn 5
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      Jun            mostly $ 5.80 , ranging  $5.70  -6.83      dn 2-up 3
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jun        *** mostly $ 5.80 , ranging  $5.70  -6.83      dn 2-up 3
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 5.93 , ranging  $5.85  -6.00      dn 5-up 1
 10 pct protein      mostly $ 5.93 , ranging  $5.85  -6.00      dn 5-up 1
 11 pct protein                               $6.24  -6.40      dn 4-up 1
 11.5 pct protein
      Jun            mostly $ 6.51 , ranging  $6.45  -6.60      dn 5-up 1
      Aug NC                                  $6.40  -6.60      dn 5
 12 pct protein                               $6.60  -6.75      dn 5-dn 3
 13 pct protein      mostly $ 7.06 , ranging  $6.90  -7.24      dn 5-dn 4
 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                               $6.61  -6.66      dn 11-dn 6
 13 pct protein                               $7.21  -7.26      dn 11-dn 6
 14 pct protein
      FH Aug NC                               $7.71  -7.86      dn 7
      LH Aug NC                               $7.66  -7.86      dn 7
 15 pct protein                               $8.21  -8.26      dn 11-dn 6
 16 pct protein                               $8.61  -8.66      dn 11-dn 6
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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                      $8.7000 -8.7750    dn 7.5-dn 6.25
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $8.7000 -9.1875    dn 7.5-dn 6.25
_
US 2 Heavy White Oats in dollars per CWT     $8.5000            unch
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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
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Source:       USDA Market News Service, Portland, OR