JO_GR112
Portland, OR    Mon  Oct 16, 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=   4.7650-4.8150     dn 3                 +40Zto +45Z  unch
Nov=   4.9150-4.9450     dn 3-dn 5            +55Zto +58Z  unch-dn 2
Dec=   4.9150-4.9850     dn 3                 +55Zto +62Z  unch
Jan=   4.9800-5.0400     dn 3                 +43Hto +49H  unch
Feb=   5.0000-5.0400     dn 3                 +45Hto +49H  unch
Mar=   5.0000-5.0400     dn 3                 +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7550-3.7750     dn 0.25-dn 2.25      +25Zto +27Z  up 2-unch
Nov=   3.8250-3.8450     dn 2.25              +32Zto +34Z  unch
Dec=   3.8850            dn 2.25              +38Z         unch
Jan=   3.9625-3.9825     dn 2.25-dn 1.25      +32Hto +34H  unch-up 1
Feb=   3.9625-3.9925     dn 2.25              +32Hto +35H  unch
Mar=   3.9625-3.9925     dn 2.25              +32Hto +35H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.1900-10.2700   dn 3.25-dn 9.25      +28Xto +36X  up 6-unch
Nov=   10.2400-10.3100   dn 9.25              +33Xto +40X  unch
Dec=   10.3350-10.3750   dn 8.75-dn 6.75      +32Fto +36F  unch-up 2
Jan=   10.3650-10.3850   dn 8.75              +35Fto +37F  unch
Feb=   10.4075-10.4375   dn 8.5               +30Hto +33H  unch
Mar=   10.4375-10.4475   dn 8.5               +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=   4.5375-5.0875     dn 2.5               +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5100-7.9550     dn 4                 +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

11:53  nd