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

Bids for grains delivered to Portland, Oregon during March 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 March delivery. Bids for corn are for 30 day delivery.

May wheat futures trended 1.25 to four cents per bushel higher compared to Thursday's closes.

Bids for US 1 Soft White Wheat for March delivery in unit trains or barges were not well tested in early trading but bids were indicated as 4.50 to 5.50 cents per bushel higher than Thursday's noon bids. Some exporters were not issuing bids for nearby delivery.

Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for March delivery were not fully established in early trading but were indicated as 1.25 cents per bushel higher compared to Thursday's noon bids for the same delivery period. Bids were supported by the higher Kansas City May wheat futures.

Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring Wheat for March delivery were not fully established in early trading but were indicated as four cents per bushel higher than Thursday's noon bids in reaction to the higher Minneapolis May wheat futures.

Bids for US 2 Yellow Corn delivered to Portland in single rail cars for domestic use trended five to 6.25 cents per cwt higher than Thursday's noon bids. Bids were supported by the higher Chicago March and May corn futures. Corn bids truck delivered to the Yakima Valley trended 6.25 cents per cwt higher than Thursday's noon bids. Some corn traders are bidding over the Chicago May corn futures.

All wheat bids in dollars per bushel

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

Mar mostly 8.6775, ranging 8.6650-8.7000

Apr 8.6500-8.7000

May 8.6500-8.7000

Jun NA

Aug NC 7.6525-7.8000

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

Mar mostly 8.6775, ranging 8.6650-8.7000

*Not fully established.

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

Ordinary protein 8.3900-8.6700

10 pct protein 8.3900-8.6700

11 pct protein 8.5900-8.7500

11.5 pct protein

Mar 8.6900-8.8400

Aug NC 8.3300-8.3800

12 pct protein 8.7400-8.8900

13 pct protein 8.7900-8.9900

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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 9.2075-9.2975

14 pct protein

Mar 9.4075-9.4575

Aug NC 8.9500-9.0000

15 pct protein 9.4075-9.4575

16 pct protein 9.4075-9.4575

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US 2 Yellow Corn in dollars per CWT

Domestic-single rail cars

Delivered full coast-BN NA

Delivered to Portland 15.0750-15.2625

Rail and Truck del to Willamette Vly NA

Rail del to Yakima Valley NA

Truck del to Yakima Valley 14.8750-15.3625

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

** Not well tested.

Exporter Bids Portland Rail/Barge Feb 2013

Averages in Dollars per bushel

US 1 Soft White by Unit Trains and Barges 8.5900

US 1 Hard Red Winter (Ordinary protein) 8.6600

US 1 Hard Red Winter (11.5% protein) 8.9300

US 1 Dark Northern Spring (14% protein) 9.3400

Source: USDA Market News Service, Portland, Ore.