JO_GR110
Portland, OR         Mon  Aug 03, 2009     USDA Market News

Portland Daily Grain Report
Bids as of 11:30 a.m.;   Subject to change
  **Correction**
   Bids for grains delivered to Portland, Oregon during August 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 first and last half August delivery.  All other wheat and
barley bids are for full August delivery.  Bids for corn are for 30 day
delivery.

   September wheat futures closed 19-1/4 to 21 cents per bushel higher
compared to  Fridays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for August Portland delivery trended steady to five cents per
bushel higher than Fridays noon bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were 15 to 25 cents per bushel higher than Fridays noon bids.

   Bids for 14 percent protein US 1 Dark Northern Spring for August
delivery trended 17 to 19 cents per bushel higher than Fridays noon
bids, in lining up with the higher Minneapolis September wheat futures.

   Bids for US 2 Barley for August delivery were not available as
exporters were not issuing bids for nearby delivery.

   Bids for US 2 Yellow Corn Portland single rail were 13-3/4 to 21-1/4
cents per cwt higher.  Corn bids for truck delivered to the Yakima Valley
were 33-3/4 cents per cwt higher.  Higher Chicago September corn futures
supported bids, while some traders lowered their basis, partially
offsetting the advances.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 4.95 , ranging  $4.85  -5.10      up 5
      LH Aug         mostly $ 5.03 , ranging  $4.90  -5.15      up 5-unch
      FH Sep                                  $5.15  -5.30      dn 5-unch
      LH Sep                                  $5.27  -5.37      up 2
      FH Oct                                  $5.30  -5.37      unch-up 2
      LH Oct                                  $5.35  -5.40      up 5-up 2
      Nov                                     $5.40  -5.47      up 5-up 2
      Dec                                     $5.45  -5.50      up 5
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 4.95 , ranging  $4.85  -5.10      up 5
      LH Aug     *** mostly $ 5.03 , ranging  $4.90  -5.15      up 5-unch
      FH Sep     ***                          $5.15  -5.30      dn 5-unch
      LH Sep     ***                          $5.27  -5.37      up 2
      FH Oct     ***                          $5.30  -5.37      unch-up 2
      LH Oct     ***                          $5.35  -5.40      up 5-up 2
      Nov        ***                          $5.40  -5.47      up 5-up 2
      Dec        ***                          $5.45  -5.50      up 5
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 6.45 , ranging  $4.95  -7.50      dn 105-dn 5
      LH Aug         mostly $ 6.53 , ranging  $5.00  -7.50      dn 105-dn 5
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 6.45 , ranging  $4.95  -7.50      dn 105-dn 5
      LH Aug     *** mostly $ 6.53 , ranging  $5.00  -7.50      dn 105-dn 5
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 5.59 , ranging  $5.54  -5.64      up 17-up 25
 10 pct protein      mostly $ 5.59 , ranging  $5.54  -5.64      up 17-up 25
 11 pct protein                               $5.94  -6.04      up 17-up 25
 11.5 pct protein
      FH Aug         mostly $ 6.19 , ranging  $6.14  -6.24      up 17-up 25
      LH Aug         mostly $ 6.19 , ranging  $6.14  -6.19      up 15-up 20
 12 pct protein                               $6.24  -6.39      up 17-up 25
 13 pct protein      mostly $ 6.59 , ranging  $6.49  -6.69      up 20-up 25
 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                               $5.84  -5.89      up 19
 13 pct protein                               $6.44  -6.49      up 19
 14 pct protein
      Aug            mostly $ 7.06 , ranging  $7.02  -7.09      up 17-up 19
 15 pct protein                               $7.44  -7.49      up 19
 16 pct protein                               $7.84  -7.89      up 19
_
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                      $8.1375 -8.2500    up 21.25-up
13.75
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $8.1125 -8.4500    up 33.75
_
US 2 Heavy White Oats in dollars per CWT      NA
_
Exporter Bids Portland Rail/Barge  Jul 2009
  Averages in Dollars per bushel
_
  No. 1 Soft White                           $5.32
  No. 1 Hard Red Winter (Ordinary protein)   $5.38
  No. 1 Hard Red Winter (11.5% protein)      $5.97
  No. 1 Dark Northern Spring (14% protein)   $7.02
  No. 2 Barley                                NA
_
Source:       USDA Market News Service, Portland, OR