BG_GR110
Baton Rouge, LA    Fri  Jul 08, 2011    USDA Market News

Daily Grain Louisiana Gulf Ports
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
Jul=     7.0625-7.1625     up 16.75-up 19.75    +55U to+65U  unch-up 3
Aug=     7.0625-7.1925     up 11.75-up 24.75    +55U to+68U  dn 5-up 8
Sep=     7.1125-7.2625     up 11.75-up 21.75    +60U to+75U  dn 5-up 5
Oct=     7.4550-7.5050     up 15-up 20          +55Z to+60Z  unch-up 5
Nov=     7.4550-7.5050     up 15-up 20          +55Z to+60Z  unch-up 5
_
Midday bids and basis for US 2 Corn
Cash Bids                  Change               Basis        Change
Jul=     7.3125-7.3425     up 16.25-up 17.25    +89U to+92U  dn 1-unch
Aug=     7.3025-7.3425     up 15.25-up 17.25    +88U to+92U  dn 2-unch
Sep=     7.1825-7.2325     up 17.25-up 19.25    +76U to+81U  unch-up 2
Oct=     7.0700            up 23.5-up 21.5      +70Z         up 2-unch
Nov=     7.0300-7.0500     up 21.5-up 23.5      +66Z to+68Z  unch-up 2
_
Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Jul=     14.2700-14.3000   up 6.5-up 5.5        +75N to+78N  unch-dn 1
Aug=     14.0675-14.2375   up 6                 +60Q to+77Q  unch
Sep=     14.0650-14.1250   up 8.75              +60X to+66X  unch
Oct=     14.0650-14.1650   up 8.75-up 10.75     +60X to+70X  unch-up 2
Nov=     14.1650-14.2450   up 8.75-up 13.75     +70X to+78X  unch-up 5
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Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Jul=     11.8225-12.2675   up 40.25-up 38.25    +25Z to+50Z  up 1-unch
Aug=     12.2675           up 47.25-up 38.25    +50Z         up 5-unch
Sep=     12.0900-12.3225   up 38.5-up 61.75     +40Z to+53Z  unch-up 13
Oct=     12.0900-12.1775   up 47.5-up 47.25     +40Z to+45   up 5
Nov=     12.0000-12.0900   up 38.5              +35Z to+40   unch
_
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:        Jun 2011

US 2 SRW Wheat             7.6800
US 2 Yellow Corn           7.8900
US 1 Yellow Soybeans       14.3700
US 2 Yellow Sorghum        NA

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

11:58    nd