JO_GR112
Portland, OR    Thu  Oct 19, 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=   4.7675-4.7775     up 2.75              +44Zto +45Z  unch
Nov=   4.8775-4.9075     up 2.75              +55Zto +58Z  unch
Dec=   4.8775-4.9275     up 2.75              +55Zto +60Z  unch
Jan=   4.9425-5.0025     up 2                 +43Hto +49H  unch
Feb=   4.9625-5.0025     up 2                 +45Hto +49H  unch
Mar=   4.9625-5.0025     up 2                 +45Hto +49H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   3.7600-3.7700     up 0.5               +27Zto +28Z  unch
Nov=   3.8000-3.8100     dn 0.5-up 0.5        +31Zto +32Z  dn 1-unch
Dec=   3.8700-3.8800     up 0.5               +38Zto +39Z  unch
Jan=   3.9475-3.9775     up 0.5-up 1.5        +32Hto +35H  unch-up 1
Feb=   3.9475-3.9875     up 0.5-up 1.5        +32Hto +36H  unch-up 1
Mar=   3.9475-3.9975     up 0.5-up 1.5        +32Hto +37H  unch-up 1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   10.1050-10.1750   up 1.25-up 2.25      +24Xto +31X  dn 1-unch
Nov=   10.1650-10.2450   up 1.25-up 2.25      +30Xto +38X  dn 1-unch
Dec=   10.2900-10.3000   up 2-up 1            +32Fto +33F  unch-dn 1
Jan=   10.3200-10.3400   up 1-up 2            +35Fto +37F  dn 1-unch
Feb=   10.3700-10.4000   up 1.25-up 2.25      +30Hto +33H  dn 1-unch
Mar=   10.4000           up 2.25-up 0.25      +33H         unch-dn 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=   4.4925-5.0425     up 1.25              +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5725-8.0175     up 1-up 0.75         +75Zto +100Z 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

11:41  nd