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Gulf Port Grain

JO_GR112
Portland, OR    Fri  Sep 22, 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
Sep=   4.7950-4.9450     dn 3-dn 8            +30Zto +45Z  unch-dn 5
Oct=   4.8950-4.9950     dn 3-dn 8            +40Zto +50Z  unch-dn 5
Nov=   4.9950            dn 3-dn 8            +50Z         unch-dn 5
Dec=   4.9950-5.0450     dn 3                 +50Zto +55Z  unch
Jan=   5.1450            dn 2.5               +45H         unch
Feb=   5.1450            dn 2.5               +45H         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Sep=   3.7350-3.7550     up 3.25-up 1.25      +20Zto +22Z  unch-dn 2
Oct=   3.7850-3.8250     up 3.25              +25Zto +29Z  unch
Nov=   3.8250-3.9150     up 3.25              +29Zto +38Z  unch
Dec=   3.8650-3.9450     up 3.25-up 4.25      +33Zto +41Z  unch-up 1
Jan=   4.0100            up 3                 +35H         unch
Feb=   4.0100-4.0200     up 3                 +35Hto +36H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Sep=   10.3225-10.3725   up 13.5-up 16.5      +48Xto +53X  unch-up 3
Oct=   10.2625-10.3025   up 18.5-up 13.5      +42Xto +46X  up 5-unch
Nov=   10.2725-10.2825   up 13.5              +43Xto +44X  unch
Dec=   10.3650-10.3950   up 13.5-up 14.5      +42Fto +45F  unch-up 1
Jan=   10.3750-10.4150   up 15.5-up 13.5      +43Fto +47F  up 2-unch
Feb=   10.3850-10.4650   up 13.25             +35Hto +43H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Sep=   4.7025-5.2525     up 0.75              +20Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   7.4725-8.0100     up 5.75-up 6         +65Zto +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            Aug 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.70                NA
US 1 HRW Wheat           NA                  4.66
US 2 Yellow Corn         3.77                NA
US 1 Yellow Soybeans     9.95                NA
US 2 Yellow Sorghum      NA                  7.71

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

11:35  nd