JO_GR112
Portland, OR    Fri  Oct 13, 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=   4.7950-4.8450     up 9                 +40Zto +45Z  unch
Nov=   4.9450-4.9950     up 9-up 11           +55Zto +60Z  unch-up 2
Dec=   4.9450-5.0150     up 9-up 11           +55Zto +62Z  unch-up 2
Jan=   5.0100-5.0700     up 8.5               +43Hto +49H  unch
Feb=   5.0300-5.0700     up 8.5               +45Hto +49H  unch
Mar=   5.0300-5.0700     up 8.5               +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7575-3.7975     up 0.75-up 1.75      +23Zto +27Z  dn 3-2
Nov=   3.8475-3.8675     up 2.75-up 3.75      +32Zto +34Z  dn 1-unch
Dec=   3.9075            up 3.75-up 2.75      +38Z         unch-dn 1
Jan=   3.9850-3.9950     up 4.75              +32Hto +33H  up 1
Feb=   3.9850-4.0150     up 3.75              +32Hto +35H  unch
Mar=   3.9850-4.0150     up 3.75              +32Hto +35H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.2225-10.3625   up 12.25-up 8.25     +22Xto +36X  up 4-unch
Nov=   10.3325-10.4025   up 8.25-up 9.25      +33Xto +40X  unch-up 1
Dec=   10.4225-10.4425   up 7.75-up 6.75      +32Fto +34F  unch-dn 1
Jan=   10.4525-10.4725   up 7.75              +35Fto +37F  unch
Feb=   10.4925-10.5225   up 7.25              +30Hto +33H  unch
Mar=   10.5225-10.5325   up 7.25              +33Hto +34H  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=   4.5625-5.1125     up 10                +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5500-7.9950     up 6.75              +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

11:56  nd