JO_GR110
Portland, OR         Mon  Aug 10, 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 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.  All other wheat and barley bids are for full August delivery.
Bids for corn are for 30 day delivery.

   September wheat futures closed zero to 4-3/4 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, held steady with Fridays noon
bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were steady with Fridays noon bids.

   Bids for 14 percent protein US 1 Dark Northern Spring for August
delivery trended two to seven cents per bushel higher than Fridays noon
bids.  Higher Minneapolis September wheat futures and a higher basis bid
by some exporters were supportive to bids.

   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 advanced by 3-3/4 cents per cwt in reaction
to the higher Chicago September corn futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 4.90 , ranging  $4.80  -5.00      unch
      LH Aug         mostly $ 4.92 , ranging  $4.80  -5.05      unch
      FH Sep                                  $5.00  -5.10      unch
      LH Sep                                  $5.00  -5.15      dn 5-unch
      FH Oct                                  $5.17  -5.20      dn 1-unch
      LH Oct                                  $5.20  -5.25      unch
      Nov                                     $5.25  -5.30      unch
      Dec                                     $5.35             unch
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 4.90 , ranging  $4.80  -5.00      unch
      LH Aug     *** mostly $ 4.92 , ranging  $4.80  -5.05      unch
      FH Sep     ***                          $5.00  -5.10      unch
      LH Sep     ***                          $5.00  -5.15      dn 5-unch
      FH Oct     ***                          $5.17  -5.20      dn 1-unch
      LH Oct     ***                          $5.20  -5.25      unch
      Nov        ***                          $5.25  -5.30      unch
      Dec        ***                          $5.35             unch
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 6.90 , ranging  $6.50  -7.30      unch
      LH Aug         mostly $ 6.92 , ranging  $6.50  -7.30      unch
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 6.90 , ranging  $6.50  -7.30      unch
      LH Aug     *** mostly $ 6.92 , ranging  $6.50  -7.30      unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 5.05 , ranging  $5.00  -5.05      unch
 10 pct protein      mostly $ 5.05 , ranging  $5.00  -5.05      unch
 11 pct protein                               $5.40  -5.45      unch
 11.5 pct protein
      Aug            mostly $ 5.65 , ranging  $5.60  -5.65      unch
 12 pct protein                               $5.70  -5.75      unch
 13 pct protein      mostly $ 5.95 , ranging  $5.95  -6.00      unch
 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                               $5.30  -5.40      up 7-up 2
 13 pct protein                               $5.90  -6.00      up 7-up 2
 14 pct protein
      Aug            mostly $ 6.57 , ranging  $6.50  -6.60      up 7-up 2
 15 pct protein                               $6.90  -7.00      up 7-up 2
 16 pct protein                               $7.30  -7.40      up 7-up 2
_
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                      $7.5000 -7.6500    up 3.75
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.5000 -7.8375    up 3.75
_
US 2 Heavy White Oats in dollars per CWT     $7.5000            unch
_
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