Portland Grain Prices: Thursday, September 9, 2010 9:10 a.m.
SWW
PROTEIN PREMIUM ***
HRW*
DNS**
Barley
September
$6.65
$7.48
$8.52
$140/ton
October
$6.70/6.75
--
$7.63
$8.57
$135/ton
November
$6.80
--
$7.68
$8.62
$130/ton
December
$6.75
--
$7.68
$8.62
$130/ton
January
$6.75
--
$7.65
$8.60
---
February
$6.75
--
$7.65
$8.60
----
March
$6.75
--
$7.65
$8.60
----
April
$6.75
--
$7.65
$8.60
----
May
$6.75
--
$7.65
$8.55
----
June
$6.75
--
$7.65
$8.55
----
August 2011
$6.25
----
All bids are basis coast for delivery to any MCGG elevator and CLD @ Boardman and Arlington. Fuel surcharge for September is 17%. *HRW Basis 11.5 Protein. Market scale time of shipping period. **DNS Basis 14% Protein. Market scale time of shipping period.
***
CHICAGO FUTURES
***
WHEAT - December
CORN - December
BEANS - November
7.26 3/4 +15 3/4
4.65 1/4 +2 3/4
10.47 -1 3/4
Market Commentary: U.S. wheat futures traded higher overnight with traders currently extending gains in the pit session. European values were lower overnight. USDA Crop Progress and S&D report is due out tomorrow AM along with Weekly Export sales. Analysts are projecting a reduction in world wheat production from 645.73 bb (AUG) to 641.44 (SEP). Ukraine and Russia received .25 to 1" in some of the driest production areas. There is little rain in the forecast for Australia but Argentina is expected to receive beneficial amounts. SWW cash bids better.
All bids are subject to negotiation. Please call for confirmation.
The information contained in this letter is taken from sources deemed reliable, but not guaranteed on accuracy or completeness and is for informational purposes only.
Adv.Futures
| HARD RED SPRING WHEAT (Dec 10) 751\'4 +18\'2 
