JO_GR110
Portland, OR         Tue  Jun 30, 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 July 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 July delivery.
Bids for corn are for 30 day delivery.

   September wheat futures in midday trading trended 17-1/2 to 20-3/4
cents per bushel lower in midmorning trading.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for July Portland delivery were not fully established in early
trading but were indicated as two to 15 cents per bushel lower than
Mondays noon bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July
delivery were not fully established in early trading but were
indicated as generally 17 cents per bushel lower than Mondays noon
bids.  Moderately lower Kansas City September wheat futures weighed on
bids.

   Bids for 14 percent protein US 1 Dark Northern Spring for July
delivery were not fully established in early trading but were
indicated as 20 cents per bushel lower than Mondays noon bids in
following the moderately lower Minneapolis September wheat futures.

   Bids for US 2 Barley for July delivery were not available.

   Bids for US 2 Yellow Corn trended 30 to 43-3/4 cents per cwt lower
than Mondays noon bids due to sharply lower Chicago September corn
futures in early trading.  Some exporters raised their basis in reaction
to the lower futures.  All corn traders have switched to over the
September corn futures.

All wheat bids in dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered *
      Jul                mostly $5.60 , ranging  $ 5.50 -5.68
      Aug NC                                     $ 5.60 -5.70
      Sep                                        $ 5.65 -5.70
      Oct                                        $ 5.70 -5.74
      Nov                                        $ 5.75 -5.78
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      Jul         ***    mostly $5.60 , ranging  $ 5.50 -5.68
      Aug NC      ***                            $ 5.60 -5.70
      Sep         ***                            $ 5.65 -5.70
      Oct         ***                            $ 5.70 -5.74
      Nov         ***                            $ 5.75 -5.78
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered *
      Jul                mostly $5.60 , ranging  $ 5.50 -5.68

_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      Jul         ***    mostly $5.60 , ranging  $ 5.50 -5.68
 * Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
   Ordinary protein                              $ 5.40 -5.55
   10 pct protein                                $ 5.40 -5.55
   11 pct protein                                $ 5.80 -5.90
   11.5 pct protein
      Jul                                        $ 6.00 -6.10
      FH Aug NC                                  $ 5.95 -6.13
      LH Aug NC                                  $ 5.95 -6.15
   12 pct protein                                $ 6.15 -6.30
   13 pct protein                                $ 6.45 -6.70
   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                                $ 5.97 -6.05
   13 pct protein                                $ 6.57 -6.65
   14 pct protein
      Jul                                        $ 7.17 -7.27
      Aug NC                                     $ 7.17 -7.27
   15 pct protein                                $ 7.57 -7.65
   16 pct protein                                $ 7.97 -8.05
 * 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                        $7.9250  -8.0750
  Rail and Truck del to Willamette Vly          NA
  Rail del to Yakima Valley                     NA
  Truck del to Yakima Valley                   $7.9000  -8.3875
_
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