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Mon  Nov 07, 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=     7.1375-7.2475     up 2                 +75Z to+86Z  unch
Dec=     7.1575-7.2875     up 2                 +77Z to+90Z  unch
Jan=     7.2125-7.2425     up 1.75              +55H to+58H  unch
Feb=     7.2525-7.2925     up 1.75-dn 0.25      +59H to+63H  unch-dn 2
Mar=     7.2525-7.3625     up 1.75              +59H to+70H  unch
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Nov=     7.1925-7.2125     dn 2.5-dn 1.5        +66Z to+68Z  unch-up 1
Dec=     7.1825-7.1925     dn 2.5-dn 3.5        +65Z to+66Z  unch-dn 1
Jan=     7.2125-7.2325     dn 1-dn 2            +56H to+58H  unch-dn 1
Feb=     7.2225-7.2325     dn 2-dn 3            +57H to+58H  dn 1-2
Mar=     7.2225-7.2525     dn 2                 +57H to+60H  dn 1
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Nov=     12.4575-12.5775   dn 23.25-dn 22.25    +44F to+56F  dn 4-3
Dec=     12.6375-12.6475   dn 20.25-dn 23.25    +62F to+63F  dn 1-4
Jan=     12.6375-12.6475   dn 20.25-dn 25.25    +62F to+63F  dn 1-6
Feb=     12.7150-12.7350   dn 18.5-dn 22.5      +60H to+62H  unch-dn 4
Mar=     12.6250-12.6950   dn 22.5-dn 20.5      +51H to+58H  dn 4-2
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Nov=     12.8250-12.8425   dn 4.5               +65Z to+66Z  unch
Dec=     12.7375-12.8250   dn 4.25-dn 4.5       +60Z to+65Z  unch
Jan=     12.8625-13.0400   dn 1.75              +55H to+65H  unch
Feb=     12.8625-13.0400   dn 1.75              +55H to+65   unch
Mar=     12.8625-13.0400   dn 1.75              +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=     7.9450-8.0450     up 6.5               +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=     12.2000-12.2900   dn 4.5               +30Z to+35Z  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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