BG_GR110
Baton Rouge, LA         Wed  Jun 17, 2009     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
Jun=       5.1600  - 5.4100    up 0.25             -50 N to -25 N  unch
Jul=       5.1600  - 5.4600    up 0.25             -50 N to -20 N  unch
Aug=       5.6975  - 5.7975    up 0.5              -25 U to -15 U  unch
Sep=       5.7975  - 5.8475    dn 4.5-up 0.5       -15 U to -10 U  dn 5-unch
Oct=       6.0625  - 6.1125    up 0.25-dn 4.75     -15 Z to -10 Z  unch-dn 5
_
Midday bids and basis for US 2 Corn
Cash Bids                      Change              Basis           Change
Jun=       4.5275  - 4.5475    up 2.75-up 3.75     +45 N to +47 N  dn 1-unch
Jul=       4.5375  - 4.5675    up 2.75-up 3.75     +46 N to +49 N  dn 1-unch
Aug=       4.6125  - 4.6325    up 2.5-up 3.5       +45 U to +47 U  dn 1-unch
Sep=       4.6725  - 4.6825    up 3.5              +51 U to +52 U  unch
Oct=       4.7175  - 4.7275    up 3.5              +43 Z to +44 Z  unch
_
Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                      Change              Basis           Change
Jun=       12.6525 - 12.6725   up 6-up 3           +59 N to +61 N  up 1-dn 2
Jul=       12.6725 - 12.6825   up 6-up 4           +61 N to +62 N  up 1-dn 1
Aug=       12.1150 - 12.3650   up 17               +70 Q to +95 Q  unch
Sep=       11.3500             up 26.5-up 21.5     +85 X           up 5-unch
Oct=       11.1200 - 11.1800   up 23.5-up 21.5     +62 X to +68 X  up 2-unch
_
Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                      Change              Basis           Change
Jun=       7.5500  - 7.5850    up 6.75-up 1.25     +15 N to +17 N  unch-dn 3
Jul=       7.5500  - 7.5850    up 6.75-up 10.25    +15 N to +17 N  unch-up 2
Aug=       7.7450  - 7.9250    up 6.25-up 15.25     +5 Z to +15 Z  unch-up 5
Sep=       7.7450  - 7.9250    up 6.25-up 15.25     +5 Z to +15 Z  unch-up 5
Oct=       8.0125  - 8.0675    up 6.25-up 11.75    +20 Z to +23 Z  unch-up 3
_
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:            May 2009

US 2 SRW Wheat                 5.5100
US 2 Yellow Corn               4.5700
US 1 Yellow Soybeans           12.0800
US 2 Yellow Sorghum            7.5600

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

11:57      pdt       ts