Valley

Here are a few photos of Valley, a bowl-shaped sculpture in front of the OSU Food Innovation Center, on Naito Parkway between 9th and the Broadway Bridge. It doesn't have an RACC page, I suppose because it was created for a state agency, not the city or Multnomah County. Its Public Art Archive page (see previous link) tells us it was created by Janet Lofquist in 1999, and gives a brief description:

This view presents a contextual setting for the outdoor sculpture, Valley, which consists of an inverted, concave cone that hovers just above the ground amidst four unfinished boulders. The convex base of the cone hangs above it, off to the side, and it appears to double as an awning for the entry way to the Food Innovation Center.

The artist's website has a few photos of it, and describes it (along with a companion piece inside the building):

Both pieces contain sculptural elements that not only refer to the context of the facility, food research and marketing, but also reflect the Oregon landscape and its rich agricultural heritage. Surrounded by landscape plantings, a large vessel/funnel form occupies the plaza area. Elevated by basalt boulders the sculptural forms allude to the topography of the region, suggesting valley and mountain, orchards and forest.

I gather this center works on food processing, packaging, market research, and related stuff, and it's intended to be a resource for local businesses. So if you're a couple of hipsters who want to start a cutting-edge pickling business, you talk to someone here first, or that's the idea. I suppose if you invented tomacco, or soylent green, and wanted to astound an unsuspecting world, you'd come here too, and they'd help you. They worked on Tofurkey, so I wouldn't put it past them.