Baton Rouge, LA - Thu May 08, 2008 - 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 11:30 Central time; Subject to change. Sent via Portland
Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Change Basis Change
May= 7.5100 - 7.5600 up 28.5 -85 N to -80 N unch
Jun= 7.4100 - 7.4600 up 28.5 -95 N to -90 N unch
Jul= 7.4100 - 7.4600 up 28.5 -95 N to -90 N unch
Aug= 7.4100 - 7.5600 up 9.25 -90 U to -75 U unch
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Morning bids and basis for US 2 Corn
Cash Bids Change Basis Change
May= 6.4900 - 6.5000 up 15 +20 N to +21 N dn 1
Jun= 6.5800 - 6.6000 up 14 +29 N to +31 N dn 2
July= 6.6600 - 6.6700 up 15 +37 N to +38 N dn 1
Aug= 6.7300 - 6.7400 up 14.25-up 15.25 +35 U to +36 U dn 1-unch
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Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Change Basis Change
May= 13.2400 - 13.2600 up 5-up 4 +10 N to +12 N unch-dn 1
Jun= 13.3700 - 13.4200 up 5 +23 N to +28 N unch
Jul= 13.4400 - 13.4800 up 7-up 5 +30 N to +34 N up 2-unch
Aug= 13.1900 - 13.2400 no comp +10 Q to +15 Q no comp
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Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Change Basis Change
May= 11.4100 up 28.5 +10 N unch
Jun= NA NA
Jul= NA NA
Aug+ 11.6875 up 25 +10 Z unch
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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: April
US 2 SRW Wheat 8.6900
US 2 Yellow Corn 6.2600
US 1 Yellow Soybeans 13.5000
US 2 Yellow Sorghum 11.1200
Source: USDA Market News Service, Portland, OR
Martha Hansen, Tiffany Smit 503-326-2237
www.ams.usda.gov/mnreports/bg_gr110.txt
8:45 pdt ts
