JO_GR112
Portland, OR    Wed  Oct 11, 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=   4.7825            up 3-dn 2            +45Z         up 5-unch
Nov=   4.8825-4.9125     dn 2-up 1            +55Zto +58Z  unch-up 3
Dec=   4.8825-4.9325     dn 2                 +55Zto +60Z  unch
Jan=   4.9525-4.9725     dn 3                 +43Hto +45H  unch
Feb=   4.9725            dn 3                 +45H         unch
Mar=   4.9725-5.0125     dn 3                 +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7300-3.7600     dn 2.25-dn 3.25      +27Zto +30Z  up 1-unch
Nov=   3.8000            dn 2.25-dn 3.25      +34Z         up 1-unch
Dec=   3.8400-3.8500     dn 2.25              +38Zto +39Z  up 1
Jan=   3.9150-3.9350     dn 5.25-dn 4.25      +32Hto +34H  dn 2-1
Feb=   3.9150-3.9450     dn 6.25-dn 3.25      +32Hto +35H  dn 3-unch
Mar=   3.9150-3.9450     dn 6.25-dn 4.25      +32Hto +35H  dn 3-1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.9025-10.0125    dn 2.75-dn 5.75      +25Xto +36X  dn 2-5
Nov=   9.9825-10.0725    dn 3.75-up 3.25      +33Xto +42X  dn 3-up 4
Dec=   10.0800-10.1200   dn 4.25-dn 1.25      +32Fto +36F  dn 4-1
Jan=   10.1300-10.1500   dn 2.25-dn 3.25      +37Fto +39F  dn 2-3
Feb=   10.1550-10.1850   dn 0.25-dn 5.25      +30Hto +33H  unch-dn 5
Mar=   10.1850-10.1950   dn 1.25-dn 4.25      +33Hto +34H  dn 1-4
_
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=   4.4825-5.0325     dn 3                 +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.4275-7.8750     dn 6-dn 5.75         +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

11:44  nd