Bids as of 9:30 a.m. Pacific time; subject to change.

Bids for grains delivered to Portland, Ore., during January by unit trains and barges, 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 bids are for full January delivery.

Bids for corn are for 30 day delivery.

March wheat futures trended steady to 11.25 cents per bushel lower compared to Friday's closes.

Bids for US 1 Soft White Wheat for January delivery in unit trains or barges were not fully established, but bids trended steady to 6.25 cents per bushel lower than Friday's noon bids for January delivery. Some exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for January delivery were not fully established in early trading, but were indicated as steady compared to Friday's noon bids for January delivery.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for January delivery were not well tested in early trading, but were indicated as generally 6.25 cents per bushel lower than Friday's noon bids for the same delivery period. Bids were pressured by the lower Minneapolis March wheat futures.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended steady to 1.25 cents per cwt higher compared to Friday's noon bids. Corn bids truck delivered to the Yakima Valley trended steady to 3.75 cents per cwt higher compared to Friday's noon bids. Slightly higher Chicago March corn futures and a higher basis bid by some corn traders supported cash corn bids.

All wheat bids in dollars per bushel

US 1 Soft White Wheat - delivered by Unit Trains and Barges *

Jan mostly 8.6175, ranging 8.5000-8.7500

Feb 8.6500-8.7500

Mar 8.6500-8.8200

Apr 8.7425-8.8500

May 8.7425-8.8500

Aug NC 8.1350-8.2850

_

US 1 White Club Wheat - delivered by Unit Trains and Barges *

Jan mostly 8.6175, ranging 8.5000-8.7500

*Not fully established.

_

US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) *

Ordinary protein 9.0375-9.2375

10 pct protein 9.0375-9.2375

11 pct protein 9.2375-9.4375

11.5 pct protein

Jan 9.3375-9.5375

Aug NC 9.1675-9.2175

12 pct protein 9.3875-9.5875

13 pct protein 9.4775-9.6875

_

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) *

13 pct protein 9.3775-9.4775

14 pct protein

Jan 9.5775-9.6775

Aug NC NA

15 pct protein 9.5775-9.6775

16 pct protein 9.5775-9.6775

_

US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.1875-15.2250

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.9000-15.4250

US 2 Heavy White Oats in dollars per CWT ** 13.5000

** Not well tested.

Exporter Bids Portland Rail/Barge Dec 2012

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5600

US 1 Hard Red Winter (Ordinary protein) 9.2600

US 1 Hard Red Winter (11.5% protein) 9.5200

US 1 Dark Northern Spring (14% protein) 9.8500

Source: USDA Market News Service, Portland, OR