JO_GR112
Portland, OR    Tue  Oct 17, 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=   4.7875-4.7975     up 2.25-dn 1.75      +44Zto +45Z  up 4-unch
Nov=   4.8975-4.9275     dn 1.75              +55Zto +58Z  unch
Dec=   4.8975-4.9475     dn 1.75-dn 3.75      +55Zto +60Z  unch-dn 2
Jan=   4.9675-4.9875     dn 1.25-dn 5.25      +43Hto +45H  unch-dn 4
Feb=   4.9875-5.0275     dn 1.25              +45Hto +49H  unch
Mar=   4.9875-5.0275     dn 1.25              +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7200-3.7700     dn 3.5-dn 0.5        +22Zto +27Z  dn 3-unch
Nov=   3.8200-3.8400     dn 0.5               +32Zto +34Z  unch
Dec=   3.8800            dn 0.5               +38Z         unch
Jan=   3.9575-3.9775     dn 0.5               +32Hto +34H  unch
Feb=   3.9575-3.9875     dn 0.5               +32Hto +35H  unch
Mar=   3.9575-3.9875     dn 0.5               +32Hto +35H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.0675-10.2075   dn 12.25-dn 6.25     +22Xto +36X  dn 6-unch
Nov=   10.1775-10.2175   dn 6.25-dn 9.25      +33Xto +37X  unch-dn 3
Dec=   10.2725-10.2925   dn 6.25-dn 8.25      +32Fto +34F  unch-dn 2
Jan=   10.3125-10.3225   dn 5.25-dn 6.25      +36Fto +37F  up 1-unch
Feb=   10.3300-10.3800   dn 7.75-dn 5.75      +28Hto +33H  dn 2-unch
Mar=   10.3700-10.3800   dn 6.75              +32Hto +33H  dn 1
_
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=   4.5325-5.0825     dn 0.5               +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5000-7.9475     dn 1-dn 0.75         +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

11:49  nd