JO_GR112
Portland, OR    Wed  Oct 04, 2017    USDA Market News

Louisiana and Texas Export Bids

Gulf Export bids and basis for grain delivered to Gulf export elevators,
CIF barge to Louisiana Gulf (Mississippi River) and rail-truck Texas Gulf,
delivery periods as specified, dollar per bushel, except sorghum per cwt.
Bids as of 2:00 Central time; Subject to change.
_
Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                Change              Basis         Change
Oct=   4.8700-4.9700     dn 6                 +45Zto +55Z  unch
Nov=   4.9200-5.0000     dn 6-dn 3            +50Zto +58Z  unch-up 3
Dec=   4.9700-5.0000     dn 6                 +55Zto +58Z  unch
Jan=   5.0550-5.0850     dn 5-dn 2            +45Hto +48H  unch-up 3
Feb=   5.0550-5.0850     dn 5-dn 2            +45Hto +48H  unch-up 3
Mar=   5.0550-5.0850     dn 5-dn 2            +45Hto +48H  unch-up 3
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7825-3.8225     up 3.75-dn 5.25      +30Zto +34Z  up 5-dn 4
Nov=   3.8225-3.8325     up 3.75-dn 13.25     +34Zto +35Z  up 5-dn 12
Dec=   3.8625-3.8725     up 3.75-dn 2.25      +38Zto +39Z  up 5-dn 1
Jan=   3.9525-3.9625     dn 2-dn 1            +34Hto +35H  dn 1-unch
Feb=   3.9625            dn 1-dn 2            +35H         unch-dn 1
Mar=   3.9625-3.9725     no comp              +35Hto +36H  no comp
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.9125-9.9925     dn 9-dn 2            +33Xto +41X  dn 12-5
Nov=   9.9625            dn 2-dn 5            +38X         dn 5-8
Dec=   10.0375-10.0575   dn 2.25              +35Fto +37F  dn 5
Jan=   10.0675-10.1075   dn 1.25-dn 2.25      +38Fto +42F  dn 4-5
Feb=   10.0825-10.1625   dn 2.25              +30Hto +38H  dn 5
Mar=   10.1225-10.1625   no comp              +34Hto +38H  no comp
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Oct=   4.5600-5.1100     dn 5.75              +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.4675-7.9150     dn 2.25              +70Zto +95Z  unch
_
Chicago and Kansas City Board of Trades month symbols: F January, G February,
H March, J April, K May, M June, N July, Q August, U September, V October,
X November, Z December

NC = New Crop

Monthly Average Prices fo            Sep 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.82                NA
US 1 HRW Wheat           NA                  4.85
US 2 Yellow Corn         3.74                NA
US 1 Yellow Soybeans     10.09               NA
US 2 Yellow Sorghum      NA                  7.70

Source:USDA Market News Service, Portland, OR
       Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov
       www.ams.usda.gov/mnreports/jo_gr112.txt
       www.ams.usda.gov/lpsmarketnewspage

13:42  nd