JO_GR112
Portland, OR    Fri  Aug 16, 2019    USDA Market News

Louisiana and Texas Export Bids

Gulf Export bids and basis for grain delivered to Gulf export elevators,
CIF barge to Louisiana Gulf (Mississippi River) and rail-truck Texas Gulf,
delivery periods as specified, dollar per bushel, except sorghum per cwt.
Bids as of 2:00 Central time; Subject to change.
_
Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                Change              Basis         Change
Aug=   5.3075-5.3575     up 1.75              +60Uto +65U  unch
Sep=   5.4275-5.4575     up 1.75              +72Uto +75U  unch
Oct=   5.5050-5.5250     up 3                 +73Zto +75Z  unch
Nov=   5.5050-5.5250     up 3                 +73Zto +75Z  unch
Dec=   5.5050-5.5250     up 3                 +73Zto +75Z  unch
Jan=   5.5400            up 3                 +70H         unch
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Aug=   4.0400-4.1500     up 10.25             +33Uto +44U  unch
Sep=   4.0500-4.2100     up 11.25-up 10.25    +34Uto +50U  up 1-unch
Oct=   4.1075-4.2675     up 9.75              +30Zto +46Z  unch
Nov=   4.2075-4.3075     up 9.75              +40Zto +50Z  unch
Dec=   4.2875-4.3175     up 9.75              +48Zto +51Z  unch
Jan=   NA                                       NA
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Aug=   9.1275-9.2175     up 9-up 11           +33Xto +42X  unch-up 2
Sep=   9.0475-9.1175     up 9-up 13           +25Xto +32X  unch-up 4
Oct=   9.0575-9.0975     up 9-up 10           +26Xto +30X  unch-up 1
Nov=   9.1475-9.1975     up 9                 +35Xto +40X  unch
Dec=   9.2550-9.2650     up 9.25              +32Fto +33F  unch
Jan=   NA                                       NA
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Aug=   4.7925-4.9725     up 4.5               +85Uto +103U unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   6.2625-6.4425     up 17.25-up 17.5     -30Zto -20Z  unch
_
Chicago and Kansas City Board of Trades 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

NC = New Crop

Monthly Average Prices fo           July 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.55                NA
US 1 HRW Wheat           NA                  5.34
US 2 Yellow Corn         4.81                NA
US 1 Yellow Soybeans     9.44                NA
US 2 Yellow Sorghum      NA                  7.23

Source:USDA Market News Service, Portland, OR
       Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov
       www.ams.usda.gov/mnreports/jo_gr112.txt
       www.ams.usda.gov/lpsmarketnewspage

11:40  nd