BG_GR110
Baton Rouge, LA    Thu  Apr 28, 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
Apr=     8.1300  - 8.1800    dn 34-dn 39          +70 K to +75  K unch-dn 5
May=     8.0800  - 8.1300    dn 34                +65 K to +70  K unch
Jun=     8.1950  - 8.2350    dn 34.5-dn 33.5      +42 N to +46  N unch-up 1
Jul=     8.1950  - 8.2350    dn 34.5-dn 33.5      +42 N to +46  N unch-up 1
Aug NC=  8.3725  - 8.4025    dn 34.5              +15 U to +18  U unch
_
Midday bids and basis for US 2 Corn
Cash Bids                    Change              Basis            Change
Apr=     7.8325  - 7.8425    dn 30-dn 33          +54 N to +55  N no comp
May=     7.8325  - 7.8625    dn 29-dn 28          +54 N to +57  N no comp
Jun=     7.9025              dn 28-dn 30          +61 N           up 2-unch
Jul=     7.9425              dn 28-dn 30          +65 N           up 2-unch
Aug NC=  7.9425              dn 20-dn 30         +110 U           up 10-unch
_
Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                    Change              Basis            Change
Apr=     14.1425 - 14.2225   dn 31.75-dn 27.75    +64 K to +72  K dn 4-unch
May=     14.1025 - 14.2025   dn 27.75             +60 K to +70  K unch
Jun=     14.1150 - 14.1550   dn 31                +58 N to +62  N unch
Jul=     14.1350 - 14.1950   dn 31                +60 N to +66  N unch
Aug NC=  14.0975 - 14.1675   dn 31.25             +58 Q to +65  Q unch
_
Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                    Change              Basis            Change
Apr=     NA                                        NA
May=     NA                                        NA
Jun=     NA                                        NA
Jul=     NA                                        NA
Aug NC=  NA                                        NA
_
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:          Mar 2011

US 2 SRW Wheat               8.2500
US 2 Yellow Corn             7.3800
US 1 Yellow Soybeans         14.2500
US 2 Yellow Sorghum          12.6400

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

11:51    pt        nd