BG_GR110
Baton Rouge, LA         Thu  Jul 09, 2009     USDA-LA Dept of Ag Market News

Gulf Export bids and basis for grain delivered to gulf export elevators,
barge to Louisiana Gulf (Mississippi River), prompt or 30 day shipments,
dollar per bushel, except sorghum per cwt.
Bids as of 1:30 Central time; Subject to change.    Sent via Portland

Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                      Change              Basis           Change
Jul=       4.6225  - 4.7725    dn 5-up 5           -60 U to -45 U  dn 10-unch
Aug=       4.6225  - 4.9725    dn 5-up 8           -60 U to -25 U  dn 10-up 3
Sep=       5.0225  - 5.1225    dn 5-up 5           -20 U to -10 U  dn 10-unch
Oct=       5.3350  - 5.4850    up 5.25-up 15.25    -15 Z to +0  Z  unch-up 10
Nov=       5.3850  - 5.4850    up 5.25-up 15.25    -10 Z to +0  Z  unch-up 10
_
Midday bids and basis for US 2 Corn
Cash Bids                      Change              Basis           Change
Jul=       3.8550  - 3.8650    up 7.25-up 1.25     +56 U to +57 U  up 3-dn 3
Aug=       3.8750  - 3.8950    up 6.25-up 3.25     +58 U to +60 U  up 2-dn 1
Sep=       3.8950              up 6.25-up 2.25     +60 U           up 2-dn 2
Oct=       3.9000  - 3.9200    up 5.75             +50 Z to +52 Z  unch
Nov=       3.9100  - 3.9300    up 5.75             +51 Z to +53 Z  unch
_
Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                      Change              Basis           Change
Jul=       11.4750 - 11.5250   up 37.5             +100Q to +105Q  up 5
Aug=       11.1250 - 11.2750   up 32.5-up 47.5     +65 Q to +80 Q  unch-up 15
Sep=       10.0600 - 10.1600   up 19-up 24         +90 X to +100X  dn 5-unch
Oct=       9.8400  - 9.8900    up 24-up 27         +68 X to +73 X  unch-up 3
Nov=       9.8600              up 24               +70 X           unch
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Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                      Change              Basis           Change
Jul=       6.6075              up 28.25-up 19.25   +30 Z           up 10-5
Aug=       6.6975              up 28.25-up 14      +35 Z           up 10-2
Sep=       6.6975              up 28.25-up 10.5    +35 Z           up 10-unch
Oct=       6.7850              up 28-up 10.25      +40 Z           up 10-unch
Nov=       6.7850              up 28-up 10.25      +40 Z           up 10-unch
_
Chicago Board of Trade 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

Monthly Prices for:            Jun 2009

US 2 SRW Wheat                 5.4900
US 2 Yellow Corn               4.5600
US 1 Yellow Soybeans           12.7300
US 2 Yellow Sorghum            7.7800

Source:    USDA Market News Service, Portland, OR
           Martha Hansen       503-326-2237
           www.ams.usda.gov/mnreports/bg_gr110.txt

12:02      pdt       mh