JO_GR110
Portland, OR         Thu  Aug 13, 2009     USDA Market News

Portland Daily Grain Report
Bids as of 11:30 a.m.;   Subject to change
  **Correction to narrative**
   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 trended 8-3/4 to 12-1/2 cents per bushel
lower compared to Wednesdays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for August Portland delivery, trended steady to 20 cents per
bushel higher than Wednesdays noon bids.  Some exporters raised their
bids in order to encourage country selling.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were 10 cents per bushel lower compared to Wednesdays noon bids
in lining up with the lower Kansas City September wheat futures.

   Bids for 14 percent protein US 1 Dark Northern Spring for August
delivery trended 13 cents per bushel lower than Wednesdays noon bids.
Lower Minneapolis September wheat futures pressured 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 decline by 7-1/2 to 11-1/4cents per cwt in

reaction to the lower Chicago September corn futures.
All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 4.93 , ranging  $4.80  -5.05      unch-up 20
      LH Aug         mostly $ 4.93 , ranging  $4.75  -5.05      unch-up 20
      FH Sep                                  $4.80  -5.10      unch-up 2
      LH Sep                                  $5.00  -5.15      up 20-unch
      FH Oct                                  $5.05  -5.20      unch-up 1
      LH Oct                                  $5.05  -5.20      unch-dn 2
      FH Nov                                  $5.10  -5.25      unch
      LH Nov                                  $5.10  -5.27      unch-dn 3
      Dec                                     $5.15  -5.30      unch-dn 3
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 4.93 , ranging  $4.80  -5.05      unch-up 20
      LH Aug     *** mostly $ 4.93 , ranging  $4.75  -5.05      unch-up 20
      FH Sep     ***                          $4.80  -5.10      unch-up 2
      LH Sep     ***                          $5.00  -5.15      up 20-unch
      FH Oct     ***                          $5.05  -5.20      unch-up 1
      LH Oct     ***                          $5.05  -5.20      unch-dn 2
      FH Nov     ***                          $5.10  -5.25      unch
      LH Nov     ***                          $5.10  -5.27      unch-dn 3
      Dec        ***                          $5.15  -5.30      unch-dn 3
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      FH Aug         mostly $ 6.68 , ranging  $4.80  -7.30      unch
      LH Aug         mostly $ 6.68 , ranging  $4.75  -7.30      unch
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      FH Aug     *** mostly $ 6.68 , ranging  $4.80  -7.30      unch
      LH Aug     *** mostly $ 6.68 , ranging  $4.75  -7.30      unch
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 4.84 , ranging  $4.84  -5.04      dn 10
 10 pct protein      mostly $ 4.84 , ranging  $4.84  -5.04      dn 10
 11 pct protein                               $5.24  -5.34      dn 10
 11.5 pct protein
      Aug            mostly $ 5.44 , ranging  $5.44  -5.49      dn 10
 12 pct protein                               $5.54  -5.59      dn 10
 13 pct protein      mostly $ 5.79 , ranging  $5.74  -5.84      dn 15-dn 10
 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                               $5.06  -5.11      dn 13
 13 pct protein                               $5.66  -5.71      dn 13
 14 pct protein
      Aug            mostly $ 6.31 , ranging  $6.26  -6.33      dn 13
 15 pct protein                               $6.66  -6.71      dn 13
 16 pct protein                               $7.06  -7.11      dn 13
_
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                      $7.5125 -7.6500    dn 11.25
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.5500 -7.8500    dn 7.5-dn 11.25

_
US 2 Heavy White Oats in dollars per CWT     $7.0000            dn 50
_
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