JO_GR112
Portland, OR    Tue  Oct 10, 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=   4.7525-4.8025     dn 10.75             +40Zto +45Z  dn 10
Nov=   4.9025            dn 0.75              +55Z         unch
Dec=   4.9025-4.9525     dn 0.75-dn 5.75      +55Zto +60Z  unch-dn 5
Jan=   4.9825-5.0025     dn 2.75-dn 0.75      +43Hto +45H  dn 2-unch
Feb=   5.0025            dn 0.75              +45H         unch
Mar=   5.0025-5.0425     dn 0.75-up 3.25      +45Hto +49H  unch-up 4
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7525-3.7925     up 0.75-dn 0.25      +26Zto +30Z  up 1-unch
Nov=   3.8225-3.8325     dn 1.25              +33Zto +34Z  dn 1
Dec=   3.8625-3.8725     dn 1.25              +37Zto +38Z  dn 1
Jan=   3.9675-3.9775     unch                 +34Hto +35H  unch
Feb=   3.9775            unch                 +35H         unch
Mar=   3.9775-3.9875     unch                 +35Hto +36H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.9300-10.0700    dn 1.75-dn 0.75      +27Xto +41X  dn 1-unch
Nov=   10.0200-10.0400   dn 1.75-dn 0.75      +36Xto +38X  dn 1-unch
Dec=   10.1225-10.1325   dn 2-dn 1            +36Fto +37F  dn 1-unch
Jan=   10.1525-10.1825   dn 3-dn 1            +39Fto +42F  dn 2-unch
Feb=   10.1575-10.2375   dn 1                 +30Hto +38H  unch
Mar=   10.1975-10.2375   dn 1                 +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=   4.5125-5.0625     up 0.5               +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.4875-7.9325     dn 0.25-dn 0.5       +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

11:38  nd