BG_GR110
Baton Rouge, LA    Mon  Mar 14, 2011    USDA- LA Dept of Ag Market News

Gulf Export bids and basis for grain delivered to gulf export elevators,
barge to Louisiana Gulf (Mississippi River), prompt or 30 day shipments,
dollar per bushel, except sorghum per cwt.
Bids as of 1:30 Central time; Subject to change.    Sent via Portland

Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                    Change              Basis            Change
Mar=     7.8875  - 8.1575    up 2-up 22           +68 K to +95  K unch-up 20
Apr=     7.8875  - 8.1575    up 2-up 27           +68 K to +95  K unch-up 25
May=     7.7075  - 8.1575    up 2-up 27           +50 K to +95  K unch-up 25
Jun=     7.7600  - 8.0300    up 2.25-up 21.25     +23 N to +50  N unch-up 19
Jul=     7.7600  - 8.0300    up 2.25-up 16.25     +23 N to +50  N unch-up 14
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Midday bids and basis for US 2 Corn
Cash Bids                    Change              Basis            Change
Mar=     7.1700  - 7.1800    up 0.75              +51 K to +52  K dn 1
Apr=     7.1600              up 1.75-dn 1.25      +50 K           unch-dn 3
May=     7.1800  - 7.1900    up 0.75-up 1.75      +52 K to +53  K dn 1-unch
Jun=     7.2550              up 1.75-dn 0.25      +53 N           unch-dn 2
Jul=     7.2750  - 7.2850    up 1.75-up 0.75      +55 N to +56  N unch-dn 1
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Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                    Change              Basis            Change
FH Mar=  14.0000 - 14.1600   dn 0.5-dn 3.5        +60 K to +76  K dn 6-9
LH Mar=  14.0000 - 14.0500   up 1.5-dn 1.5        +60 K to +65  K dn 4-7
Apr=     13.9700 - 14.0400   up 5.5               +57 K to +64  K unch
May=     13.9700 - 14.0400   up 5.5               +57 K to +64  K unch
Jun=     14.1000 - 14.1100   up 5.5               +62 N to +63  N unch
Jul=     14.1000 - 14.1100   up 5.5               +62 N to +63  N unch
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Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                    Change              Basis            Change
Mar=     12.3400             up 3.25              +25 K           unch
Apr=     12.3400             up 3.25              +25 K           unch
May=     12.0725 - 12.3400   up 3.25              +10 K to +25  K unch
Jun=     12.0100 - 12.3650   up 3.25-up 3          +0 N to +20  N unch
Jul=     NA                                        NA
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Chicago Board of Trade 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 Prices for:          Feb 2011

US 2 SRW Wheat               9.2200
US 2 Yellow Corn             7.4400
US 1 Yellow Soybeans         14.6100
US 2 Yellow Sorghum          12.6200

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

11:55    pt        nd