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Wed  Nov 02, 2011  

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
Nov=     6.9850-7.1350     dn 6.5-dn 3.5        +75Z to+90Z  unch-up 3
Dec=     7.0150-7.1350     dn 3.5-dn 6.5        +78Z to+90Z  up 3-unch
Jan=     7.1400-7.2200     up 1.25-dn 6.75      +55H to+63H  up 8-unch
Feb=     7.0900-7.2400     dn 6.75-dn 4.75      +50H to+65H  unch-up 2
Mar=     7.1900-7.2900     dn 4.75-dn 6.75      +60H to+70H  up 2-unch
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Nov=     7.1100-7.1200     dn 3.25-dn 8.25      +66Z to+67Z  up 6-1
Dec=     7.1100-7.1200     dn 4.25-dn 8.25      +66Z to+67Z  up 5-1
Jan=     7.1200-7.1500     dn 9.25-dn 7.25      +56H to+59H  unch-up 2
Feb=     7.1400-7.1600     dn 8.25-dn 7.25      +58H to+60H  up 1-2
Mar=     7.1400-7.1700     dn 8.25-dn 7.25      +58H to+61H  up 1-2
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Nov=     12.5275-12.6275   up 0.5               +50F to+60F  no comp
Dec=     12.6675-12.6975   dn 0.75              +64F to+67F  dn 1
Jan=     12.6875-12.7175   dn 1.75-up 0.25      +66F to+69F  dn 2-unch
Feb=     12.7225-12.7825   dn 1.75-up 0.25      +60H to+66H  dn 2-unch
Mar=     12.6725-12.7225   up 0.25              +55H to+60H  unch
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Nov=     12.6775-12.6975   dn 16.75-dn 16.5     +65Z to+66Z  unch
Dec=     12.5900-12.6775   dn 16.5-dn 16.75     +60Z to+65Z  unch
Jan=     12.6975-12.8750   dn 16.5              +55H to+65H  unch
Feb=     12.6975-12.8750   dn 16.5              +55H to+65   unch
Mar=     12.6975-12.8750   dn 16.5              +55H to+65   unch
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Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                  Change               Basis        Change
Nov=     7.8300-7.9300     dn 5.5               +70Z to+80Z  unch
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Texas Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Nov=     NA                                       NA
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Texas Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Nov=     NA                                       NA
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Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Nov=     12.1425-12.1600   dn 16.5              +35Z to+36Z  unch
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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 Oct 2011
                           Louisiana            Texas
US 2 SRW Wheat             6.90                 NA
US 1 HRW Wheat             NA                   7.88
US 2 Yellow Corn           6.98                 NA
US 1 Yellow Soybeans       12.72                NA
US 2 Yellow Sorghum        12.08                11.96
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