BG_GR110
Portland, OR    Tue  Oct 04, 2011    USDA Market News

***THIS REPORT CAN BE FOUND AT www.ams.usda.gov/mnreports/jo_gr112.txt ***

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 1:30 Central time; Subject to change.

Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                  Change               Basis        Change
Oct=     6.6400-6.7400     dn 15.5-dn 20.5      +60Z to+70Z  unch-dn 5
Nov=     6.7400-6.7900     dn 14.5-dn 10.5      +70Z to+75Z  up 1-5
Dec=     6.7400-6.8400     dn 15.5              +70Z to+80Z  unch
Jan=     6.9000-7.0200     dn 17-dn 20          +50H to+62H  unch-dn 3
Feb=     6.9000-7.0200     dn 17-dn 20          +50H to+62H  unch-dn 3
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Oct=     6.5075-6.5375     dn 4.75              +63Z to+66Z  unch
Nov=     6.5275-6.5475     dn 4.75              +65Z to+67Z  unch
Dec=     6.5375-6.5575     dn 3.75              +66Z to+68Z  up 1
Jan=     6.5575-6.5875     dn 5.25-dn 4.25      +55H to+58H  unch-up 1
Feb=     6.5875-6.6075     dn 4.25-dn 3.25      +58H to+60H  up 1-2
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Oct=     11.9500-12.1000   dn 17.5              +35X to+50X  unch
Nov=     12.1400-12.2200   dn 17.5-dn 20.5      +54X to+62X  unch-dn 3
Dec=     12.3075-12.3175   dn 13-dn 17          +59F to+60F  up 4-unch
Jan=     12.3175-12.3675   dn 17-dn 14          +60F to+65F  unch-up 3
Feb=     12.3325-12.3825   dn 16.75             +52H to+57H  unch
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Oct=     10.6750-11.2100   dn 8.5               +10Z to+40Z  unch
Nov=     10.8525-11.2100   dn 8.5               +20Z to+40Z  unch
Dec=     10.9425-11.2100   dn 8.5               +25Z to+40Z  unch
Jan=     10.9950-11.5325   dn 9.5-dn 9.25       +15H to+45   unch
Feb=     10.9950-11.5325   dn 9.5-dn 9.25       +15H to+45   unch
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                  Change               Basis        Change
Oct=     7.5650-7.6650     dn 15.5              +70Z to+80Z  unch
_
Texas Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Oct=     NA                                       NA

_
Texas Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Oct=     NA                                       NA
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Oct=     11.1200-11.2100   dn 8.5               +35Z to+40Z  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

Monthly Average Prices for Sep 11
                           Louisiana            Texas
US 2 SRW Wheat             7.28                 NA
US 1 HRW Wheat             NA                   8.56
US 2 Yellow Corn           7.50                 NA
US 1 Yellow Soybeans       13.59                NA
US 2 Yellow Sorghum        12.88                13.10

Source:  USDA Market News Service, Portland, OR
         Niki Davila 503-326-2237  Portland.LGMN@ams.usda.gov
         www.ams.usda.gov/mnreports/bg_gr110.txt
         www.ams.usda.gov/lsmarketnews

12:08    nd