JO_GR112
Portland, OR    Thu  Oct 12, 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=   4.7050-4.7550     dn 7.75-dn 2.75      +40Zto +45Z  dn 5-unch
Nov=   4.8550-4.8850     dn 2.75              +55Zto +58Z  unch
Dec=   4.8550-4.9050     dn 2.75              +55Zto +60Z  unch
Jan=   4.9250-4.9850     dn 2.75-up 1.25      +43Hto +49H  unch-up 4
Feb=   4.9450-4.9850     dn 2.75-up 1.25      +45Hto +49H  unch-up 4
Mar=   4.9450-4.9850     dn 2.75              +45Hto +49H  unch
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7500-3.7800     up 2                 +26Zto +29Z  dn 1
Nov=   3.8200-3.8300     up 2-up 3            +33Zto +34Z  dn 1-unch
Dec=   3.8700-3.8800     up 3                 +38Zto +39Z  unch
Jan=   3.9375-3.9475     up 2.25-up 1.25      +31Hto +32H  dn 1-2
Feb=   3.9475-3.9775     up 3.25              +32Hto +35H  unch
Mar=   3.9475-3.9775     up 3.25              +32Hto +35H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.1000-10.2800   up 19.75-up 26.75    +18Xto +36X  dn 7-unch
Nov=   10.2500-10.3100   up 26.75-up 23.75    +33Xto +39X  unch-dn 3
Dec=   10.3450-10.3750   up 26.5-up 25.5      +32Fto +35F  unch-dn 1
Jan=   10.3750-10.3950   up 24.5              +35Fto +37F  dn 2
Feb=   10.4200-10.4500   up 26.5              +30Hto +33H  unch
Mar=   10.4500-10.4600   up 26.5              +33Hto +34H  unch
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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=   4.4625-5.0125     dn 2                 +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.4825-7.9275     up 5.5-up 5.25       +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

11:55  nd