BG_GR110
Baton Rouge, LA    Mon  Jul 11, 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=     6.9925-7.0425     dn 7-dn 12           +60U to+65U  up 5-unch
Aug=     6.9425-7.0425     dn 12-dn 15          +55U to+65U  unch-dn 3
Sep=     6.9925-7.0925     dn 12-dn 17          +60U to+70U  unch-dn 5
Oct=     7.2900-7.3400     dn 16.5              +55Z to+60Z  unch
Nov=     7.2900-7.3400     dn 16.5              +55Z to+60Z  unch
_
Midday bids and basis for US 2 Corn
Cash Bids                  Change               Basis        Change
Jul=     7.3200-7.4000     up 0.75-up 5.75      +89U to+97U  unch-up 5
Aug=     7.3100-7.4000     up 0.75-up 5.75      +88U to+97U  unch-up 5
Sep=     7.2400            up 5.75-up 0.75      +81U         up 5-unch
Oct=     7.0275            dn 4.25              +70Z         unch
Nov=     6.9975-7.0075     dn 3.25-dn 4.25      +67Z to+68Z  up 1-unch
_
Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                  Change               Basis        Change
Jul=     14.2850-14.3050   up 1.5-up 0.5        +82Q to+84Q  no comp
Aug=     14.1650-14.2450   up 9.75-up 0.75      +70Q to+78Q  up 10-1
Sep=     14.0700-14.1700   up 0.5-up 4.5        +60X to+70X  unch-up 4
Oct=     14.0700-14.1700   up 0.5               +60X to+70X  unch
Nov=     14.2000-14.2500   up 3.5-up 0.5        +73X to+78X  up 3-unch
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Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                  Change               Basis        Change
Jul=     11.9950-12.1925   up 17.25-dn 7.5      +39Z to+50Z  up 14-unch
Aug=     12.1925           dn 7.5               +50Z         unch
Sep=     11.9250-12.2450   dn 16.5-dn 7.75      +35Z to+53Z  dn 5-unch
Oct=     11.9250-12.1025   dn 16.5-dn 7.5       +35Z to+45   dn 5-unch
Nov=     11.9250           dn 7.5-dn 16.5       +35Z         unch-dn 5
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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:        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

12:02    nd