JO_GR112
Portland, OR    Fri  Dec 21, 2018    USDA Market News

***In observation of the Christmas holiday, this report will not be issued on December 24 or December 25.***

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
Dec=   5.7900-5.9600     dn 9.5-dn 7.5        +65Hto +82H  unch-up 2
Jan=   5.7900-5.9600     dn 9.5-dn 7.5        +65Hto +82H  unch-up 2
Feb=   5.7900-5.9600     dn 9.5-dn 12.5       +65Hto +82H  unch-dn 3
Mar=   5.7900-5.9800     dn 9.5-dn 10.5       +65Hto +84H  unch-dn 1
Apr=   5.8125-5.9125     dn 9.75-dn 4.75      +60Kto +70K  unch-up 5
May=   5.8125-5.9125     dn 9.75-dn 4.75      +60Kto +70K  unch-up 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.1950-4.2650     up 2.25-up 3.25      +41Hto +48H  dn 1-unch
Jan=   4.2350-4.2550     up 1.25-up 3.25      +45Hto +47H  dn 2-unch
Feb=   4.2550-4.2650     up 3.25-up 2.25      +47Hto +48H  unch-dn 1
Mar=   4.2550-4.2950     up 3.25              +47Hto +51H  unch
Apr=   4.3025-4.3225     up 3.25              +44Kto +46K  unch
May=   4.3025-4.3225     up 3.25              +44Kto +46K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.0475-9.1575     dn 8.75-dn 5.75      +20Fto +31F  unch-up 3
Jan=   9.0975-9.2075     dn 8.75-dn 5.75      +25Fto +36F  unch-up 3
Feb=   9.1775            dn 8.5               +20H         unch
Mar=   9.1775-9.2175     dn 8.5               +20Hto +24H  unch
Apr=   9.2650-9.2750     dn 8.75-dn 10.75     +16Kto +17K  unch-dn 2
May    9.2650-9.2750     dn 8.75-dn 10.75     +16Kto +17K  unch-dn 2
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.6275-5.7775     dn 6.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.2950-7.4725     up 5.75              +30Hto +40H  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            Nov 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.75                NA
US 1 HRW Wheat           NA                  5.54
US 2 Yellow Corn         4.08                NA
US 1 Yellow Soybeans     8.99                NA
US 2 Yellow Sorghum      NA                  7.15

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

11:26  nd