JO_GR110
Portland, OR         Mon  Aug 17, 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 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 in midday trading were 10-1/4 to 13 cents
per bushel lower compared to Fridays closes.

   Bids for US 1 Soft White Wheat, any protein and maximum 10.5 percent
protein, for last half August soft white wheat were steady with Fridays noon
bids in a limited test.

   Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for August
delivery were not fully established but were indicated as generally 11
cents per bushel lower compared to Fridays noon bids, in a limited test.

   Bids for 14 percent protein US 1 Dark Northern Spring for August
delivery were not fully established in early trading but were
indicated as 13 cents per bushel lower in lining up with the lower
Minneapolis September spring wheat futures.

   Bids for US 2 barley for August delivery were not well tested.

   Bids for US 2 Yellow Corn were 26-1/4 cents per cwt lower compared to
Fridays closes.  Lower September Chicago corn futures weighed on bids.

All wheat bids in dollars per bushel
US 1 Soft White Wheat - Any protein - Rail/Barge delivered *
      LH Aug             mostly $4.85 , ranging  $ 4.75 -5.00
      FH Sep                                     $ 4.80 -5.05
      LH Sep                                     $ 5.00 -5.10
      FH Oct                                     $ 5.05 -5.10
      LH Oct                                     $ 5.05 -5.15
      Nov                                        $ 5.10 -5.18
      Dec                                        $ 5.15 -5.20
_
US 1 Soft White Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      LH Aug      ***    mostly $4.85 , ranging  $ 4.75 -5.00
      LH Sep      ***                            $ 4.80 -5.05
      LH Sep      ***                            $ 5.00 -5.10
      LH Oct      ***                            $ 5.05 -5.10
      LH Oct      ***                            $ 5.05 -5.15
      Nov         ***                            $ 5.10 -5.18
      Dec         ***                            $ 5.15 -5.20
_
US 1 White Club Wheat - Any protein - Rail/Barge delivered *
      LH Aug             mostly $6.35 , ranging  $ 4.75 -6.50
_
US 1 White Club Wheat - ***MAXIMUM 10.5% protein*** - Rail/Barge delivered *
      LH Aug      ***    mostly $6.35 , ranging  $ 4.75 -6.50
 * Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
   Ordinary protein                              $ 4.73
   10 pct protein                                $ 4.73
   11 pct protein                                $ 5.13
   11.5 pct protein
      Aug                                        $ 5.33
   12 pct protein                                $ 5.43
   13 pct protein                                $ 5.63 -5.73
   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                                  NA
   13 pct protein                                  NA
   14 pct protein
      Aug                                        $ 6.11 -6.16
   15 pct protein                                  NA
   16 pct protein                                  NA
 * 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                        $7.2250  -7.3000
  Rail and Truck del to Willamette Vly          NA
  Rail del to Yakima Valley                     NA
  Truck del to Yakima Valley                   $7.1875  -7.4875
_
US 2 Heavy White Oats in dollars per CWT**     $6.5000
 ** Not well tested.

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