JO_GR112
Portland, OR    Wed  Oct 18, 2017    USDA Market News

***CORRECTION TO SOYBEANS CASH BID***

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=   4.7400-4.7500     dn 4.75              +44Zto +45Z  unch
Nov=   4.8500-4.8800     dn 4.75              +55Zto +58Z  unch
Dec=   4.8500-4.9000     dn 4.75              +55Zto +60Z  unch
Jan=   4.9225-4.9825     dn 4.5-dn 0.5        +43Hto +49H  unch-up 4
Feb=   4.9425-4.9825     dn 4.5               +45Hto +49H  unch
Mar=   4.9425-4.9825     dn 4.5               +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7550-3.7650     up 3.5-dn 0.5        +27Zto +28Z  up 5-1
Nov=   3.8050            dn 1.5-dn 3.5        +32Z         unch-dn 2
Dec=   3.8650-3.8750     dn 1.5-dn 0.5        +38Zto +39Z  unch-up 1
Jan=   3.9425-3.9625     dn 1.5               +32Hto +34H  unch
Feb=   3.9425-3.9725     dn 1.5               +32Hto +35H  unch
Mar=   3.9425-3.9825     dn 1.5-dn 0.5        +32Hto +36H  unch-up 1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.0925-10.1525   up 2.5-dn 5.5        +25Xto +31X  up 3-dn 5
Nov=   10.1525-10.2225   dn 2.5-up 0.5        +31Xto +38X  dn 2-up 1
Dec=   10.2700-10.2900   dn 0.25              +32Fto +34F  unch
Jan=   10.3100-10.3200   dn 0.25              +36Fto +37F  unch
Feb=   10.3575-10.3775   up 2.75-dn 0.25      +31Hto +33H  up 3-unch
Mar=   10.3775-10.3975   up 0.75-up 1.75      +33Hto +35H  up 1-2
_
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=   4.4800-5.0300     dn 5.25              +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5625-8.0100     up 6.25              +75Zto +100Z up 5
_
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

12:03  nd