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Thu  Nov 10, 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=     6.8500-7.0500     dn 33-dn 24          +65Z to+85Z  dn 10-1
Dec=     6.9000-7.0000     dn 33                +70Z to+80Z  dn 10
Jan=     6.9700-7.0500     dn 20.25-dn 17.25    +50H to+58H  dn 5-2
Feb=     7.0200-7.0800     dn 20.25-dn 17.25    +55H to+61H  dn 5-2
Mar=     7.0200-7.1700     dn 23.25-dn 15.25    +55H to+70H  dn 8-unch
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                  Change               Basis        Change
Nov=     7.1250-7.1450     dn 9.5-dn 8.5        +67Z to+69Z  up 1-2
Dec=     7.1050-7.1150     dn 10.5              +65Z to+66Z  unch
Jan=     7.1075-7.1175     dn 9.25-dn 11.25     +56H to+57H  up 1-dn 1
Feb=     7.1175-7.1275     dn 10.25             +57H to+58H  unch
Mar=     7.1275-7.1475     dn 10.25             +58H to+60H  unch
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Nov=     12.0950-12.1850   dn 19-dn 20          +42F to+51F  dn 1-2
Dec=     12.2550-12.2850   dn 16-dn 17          +58F to+61F  up 2-1
Jan=     12.2850-12.3250   dn 16                +61F to+65F  up 2
Feb=     12.3525-12.3725   dn 16.25-dn 18.25    +58H to+60H  up 2-unch
Mar=     12.3025-12.3125   dn 19.25-dn 21.25    +53H to+54H  dn 1-3
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Nov=     12.6875-12.7050   dn 18.75             +65Z to+66Z  unch
Dec=     12.5975-12.6875   dn 18.75             +60Z to+65Z  unch
Jan=     12.6750-12.8525   dn 18.25             +55H to+65H  unch
Feb=     12.6750-12.8525   dn 18.25             +55H to+65   unch
Mar=     12.6750-12.8525   dn 18.25             +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=     7.6700-7.7700     dn 16                +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=     12.0625-12.7775   dn 18.75             +30Z to+70Z  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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