JO_GR110
Portland, OR         Mon  Jul 06, 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 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 closed 9-3/4 to 13-1/4 cents per bushel lower
compared to Thursdays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for July Portland delivery trended four to 10 cents per
bushel lower than Thursdays noon bids.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July
delivery were 13 to 18 cents per bushel lower than Thursdays noon
bids.  Lower Kansas City September wheat futures pressured bids, while
some exporters raised their basis and tempered declines somewhat.

   Bids for 14 percent protein US 1 Dark Northern Spring for July
delivery trended 10 cents per bushel lower than Thursdays noon bids in
lining up with the moderately lower Minneapolis September spring wheat
futures.

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

   Bids for US 2 Yellow Corn delivered to Portland via single rail cars
trended 13-3/4 to 20 cents per cwt lower than Thursdays noon bids.
Lower Chicago September corn futures pressured bids, while some corn
traders raised their basis, which tempered declines.  Corn bids truck
delivered to the Yakima Valley were 20 cents lower due to the lower
Chicago September corn futures.

All wheat bids in Dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered
      Jul            mostly $ 5.55 , ranging  $5.50  -5.60      dn 10-dn 5
      Aug NC                                  $5.58  -5.65      dn 7-unch
      Sep                                     $5.62  -5.70      dn 8-dn 6
      Oct                                     $5.66  -5.77      dn 9-dn 7
      Nov                                     $5.70  -5.85      dn 10-dn 7
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jul        *** mostly $ 5.55 , ranging  $5.50  -5.60      dn 10-dn 5
      Aug NC     ***                          $5.58  -5.65      dn 7-unch
      Sep        ***                          $5.62  -5.70      dn 8-dn 6
      Oct        ***                          $5.66  -5.77      dn 9-dn 7
      Nov        ***                          $5.70  -5.85      dn 10-dn 7
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered
      Jul            mostly $ 5.55 , ranging  $5.50  -6.78      dn 10-up 18
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered
      Jul        *** mostly $ 5.55 , ranging  $5.50  -6.78      dn 10-up 18
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better)
 Ordinary protein    mostly $ 5.32 , ranging  $5.26  -5.38      dn 13-dn 16
 10 pct protein      mostly $ 5.32 , ranging  $5.26  -5.38      dn 13-dn 16
 11 pct protein                               $5.66  -5.76      dn 13-dn 18
 11.5 pct protein
      Jul            mostly $ 5.91 , ranging  $5.86  -5.96      dn 13-dn 18
      Aug NC                                  $5.81  -5.98      dn 13-dn 16
 12 pct protein                               $6.01  -6.11      dn 13-dn 18
 13 pct protein      mostly $ 6.46 , ranging  $6.31  -6.51      dn 13
 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                               $5.85  -5.93      dn 10
 13 pct protein                               $6.43  -6.53      dn 10
 14 pct protein
      Jul            mostly $ 7.13 , ranging  $7.05  -7.13      dn 10
      Aug NC                                  $7.05  -7.13      dn 10
 15 pct protein                               $7.45  -7.53      dn 10
 16 pct protein                               $7.85  -7.93      dn 10
_
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                      $7.6375 -7.7250    dn 13.75-dn 20
  Rail and Truck del to Willamette Vly        NA
  Rail del to Yakima Valley                   NA
  Truck del to Yakima Valley                 $7.5500 -8.0250    dn 20
_
US 2 Heavy White Oats in dollars per CWT     $8.5000            unch

Exporter Bids Portland Rail/Barge  Jun 2009
  Averages in Dollars per bushel

  No. 1 Soft White                           $5.91
  No. 1 Hard Red Winter (Ordinary protein)   $6.09
  No. 1 Hard Red Winter (11.5% protein)      $6.67
  No. 1 Dark Northern Spring (14% protein)   $7.99
  No. 2 Barley                                NA
Source:       USDA Market News Service, Portland, OR