JO_GR850 Portland, OR Fri May 24, 2013 USDA Market News ***THE NEXT REPORT WILL BE ISSUED ON TUESDAY, MAY 28, 2013 DUE TO THE MEMORIAL DAY HOLIDAY.*** Export Grain Bids - Bids for grains for 30-day delivery to United States export ports in dollars per bushel and changes in cents per bushel. Bids as of 12:30 p.m. Pacific time; Subject to change _________________________________________________________________________________ Grade/Class |US 2 Yellow|US 1 Yellow |US 2 SRW |US 1 HRW |US 1 DNS |US 1 SWH Grain |Corn |Soybeans |Wheat |Wheat |Wheat |Wheat Protein |NA |NA |NA |12 Percent|14 Percent|NA _________________________________________________________________________________ Gulf |7.6125 - |15.6125 - |7.5250 - |NQ |NQ |NQ Louisiana |7.6225 |15.6225 |7.5750 | | | barge |dn 0.75 - |dn 23.25 - |dn 10.75 -| | | delivery |dn 5.75 |dn 37.25 |dn 20.75 | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Louisiana |+104N to |+85N to |+55N to|NQ |NQ |NQ Basis Bid |+105N |+86N |+60N | | | | | | | | | _________________________________________________________________________________ Gulf |NQ |NQ |NQ |8.6575 - |NQ |NQ Houston | | | |8.6675 | | Basis Bid | | | |dn 8.75 | | | | | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Gulf |NQ |NQ |NQ |+120N to|NQ |NQ Houston | | | |+121N | | Basis Bid | | | | | | _________________________________________________________________________________ Pacific |NQ |NQ |NQ |8.7575 - |9.2075 - |7.7500 - Northwest | | | |8.9375 |9.3075 |7.8250 Portland | | | |dn 8.75 - |dn 7.5 |dn 5 - ***** | | | |dn 3.75 | |dn 5.75 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Pacific |NQ |NQ |NQ |+130N to|+115N to|+77.5N to Northwest | | | |+148N |+125N |+85N Basis Bid | | | | | _________________________________________________________________________________ Great Lakes |6.9525 - |14.8125 - |6.8250 - |NQ |NQ |NQ Toledo |6.9925 |14.9625 |6.8750 | | | |dn 4.75 |dn 48.25 - |dn 5.75 | | | | |dn 43.25 | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Great Lakes |+38N to |+5N to |-15N to|NQ |NQ |NQ Toledo |+42N |+20N |-10N | | | Basis Bid | | | | | | _________________________________________________________________________________ Great Lakes |6.6725 - |14.9125 - |6.9750 - |NQ |NQ |NQ Chicago |6.8925 |15.1625 |7.0250 | | | |dn 4.75 |dn 48.25 - |dn 5.75 | | | | |dn 33.25 | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Great Lakes |+10N to |+15N to |+0N to|NQ |NQ |NQ Chicago |+32N |+40N |+5N | | | Basis Bid | | | | | | _________________________________________________________________________________ Atlantic |NA |15.4125 |6.4750 NC|NQ |NQ |NQ Coast | | | | | | Norfolk | |dn 23.25 |dn 5.75 | | | | | | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Atlantic |NA |+65N |-50N NC|NQ |NQ |NQ Coast | | | | | | Basis Bid | | | | | | _________________________________________________________________________________ BASIS REPORT SYMBOLS: January-F; March-H; May-K; July-N; August-Q; September-U; November-X; December-Z Chicago futures are used for Corn, Soybeans, SRW Wheat and SWH Wheat cash bids. Kansas City wheat futures are used for HRW Wheat cash bids. Minneapolis wheat futures are used for DNS Wheat cash bids. NQ = No quote ****Note: Portland Soft White Wheat bids are for No. 1 NC = New crop unit trains and barge delivered. NA = Not available Toledo bids are for No. 2 Soft Red Winter Source: USDA Market News Service, Portland, OR Tiffany Smit 503-326-2237 Portland.LGMN@ams.usda.gov www.ams.usda.gov/mnreports/jo_gr850.txt www.ams.usda.gov/lpsmarketnewspage 12:34 P ts