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Texas High Plains Cash Grain Markets

11/03/2009 04:04PM

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US_GR110   
Austin, Texas    Tuesday, November 03, 2009   USDA-TX. Dept of Ag Market News
       
Texas High Plains cash grain markets closed mostly 14 cents higher on grain 
sorghum, mostly unchanged on wheat, 12 cents higher on soybeans and mostly 
8 cents higher to 13 cents higher on corn.

Prices paid or bid to the producer F.O.B. elevator as of 3:00 p.m.
Grain sorghum quoted per hundredweight; wheat, corn and soybeans per bushel.

Area North of the Canadian River:
Grain Sorghum                    5.60 - 5.89  
Wheat                            4.35 - 4.45
Soybeans                         8.57 - 9.07
Corn                             3.75 - 3.90

Triangle Area from Plainview to Canyon to Farwell:
Grain Sorghum                    6.07 - 6.16    
Wheat                            4.37 - 4.58
Soybeans                        ***NO BID***
Corn                             3.81 - 4.00

Area South of a Line from Plainview to Muleshoe:
Grain Sorghum                    6.11 - 6.43    
Wheat                            4.20 - 4.42
Soybeans                         ***NO BID***
Corn                             3.90 - 4.05  

Elevators in the Texas South Plains reported offers and bids for:
No. 2 Grain Sorghum              6.88 - 7.05      per cwt
No. 2 Yellow Corn                7.88 - 8.04     per cwt

Texas Gulf cash grain export bids closed unchanged on wheat and 14 cents 
higher on grain sorghum
 
No. 1 HRW Wheat                  5.50 - 5.60    per bu
No. 2 Grain Sorghum              7.41 - 7.68    per cwt
No. 2 Yellow Corn             Bids Insufficient to Quote
No. 1 Soybeans                Bids Insufficient to Quote

-------------------------------------------------------------------------------
                           Previous Month's Average 
                                

          Oct 2009

Triangle Area:
Grain Sorghum                      5.5683
Wheat                              4.3060
Soybeans                           8.0971  
Corn                               3.7055

South of Plainview to Muleshoe:
Grain Sorghum                      5.5269

Gulf Export Bids:
No.1 HRW Wheat                     5.4165
No.2 Grain Sorghum                 7.2143

Source: Texas Dept of Ag-USDA Market News, Austin, TX
        Joi Ernst  512-463-7623
        24-hour Market News Reports 1-800-252-3407 or 512-463-1225
        www.tdamarketnews.com 

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