JO_GR112
Portland, OR    Mon  Oct 09, 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=   4.8600-4.9100     dn 7.5               +50Zto +55Z  unch
Nov=   4.9100            dn 7.5-dn 10.5       +55Z         unch-dn 3
Dec=   4.9100-5.0100     dn 7.5               +55Zto +65Z  unch
Jan=   5.0100            dn 6.75-dn 9.75      +45H         unch-dn 3
Feb=   5.0100            dn 6.75-dn 9.75      +45H         unch-dn 3
Mar=   5.0100            dn 6.75-dn 9.75      +45H         unch-dn 3
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7450-3.7950     dn 5.5-dn 4.5        +25Zto +30Z  dn 5-4
Nov=   3.8350-3.8450     dn 0.5               +34Zto +35Z  unch
Dec=   3.8750-3.8850     dn 0.5               +38Zto +39Z  unch
Jan=   3.9675-3.9775     dn 0.5               +34Hto +35H  unch
Feb=   3.9775            dn 0.5               +35H         unch
Mar=   3.9775-3.9875     dn 0.5               +35Hto +36H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.9475-10.0775    dn 10.5-dn 5.5       +28Xto +41X  dn 5-unch
Nov=   10.0375-10.0475   dn 6.5-dn 5.5        +37Xto +38X  dn 1-unch
Dec=   10.1425           dn 3.75-dn 5.75      +37F         up 2-unch
Jan=   10.1825-10.1925   dn 2.75-dn 5.75      +41Fto +42F  up 3-unch
Feb=   10.1675-10.2475   dn 5.5               +30Hto +38H  unch
Mar=   10.2075-10.2475   dn 5.5               +34Hto +38H  unch
_
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=   4.5075-5.0575     dn 6                 +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.4900-7.9375     dn 1                 +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

11:47  nd