JO_GR112
Portland, OR    Thu  Feb 07, 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
Feb=   6.0125-6.0525     dn 12.75             +88Hto +92H  unch
Mar=   6.0325-6.0525     dn 12.75-dn 14.75    +90Hto +92H  unch-dn 2
Apr=   5.9200-5.9900     dn 11.75             +75Kto +82K  unch
May=   5.9200-5.9900     dn 11.75             +75Kto +82K  unch
Jun=   5.7675            dn 10.5-dn 13.5      +55N         unch-dn 3
Jul=   5.7675            dn 10.5-dn 13.5      +55N         unch-dn 3
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.2350-4.3750     dn 3.5-dn 2.5        +47Hto +61H  unch-up 1
Mar=   4.2350-4.3650     dn 3.5-dn 2.5        +47Hto +60H  unch-up 1
Apr=   4.3025-4.3625     dn 3.75-dn 1.75      +46Kto +52K  unch-up 2
May=   4.3025-4.3625     dn 3.75-dn 1.75      +46Kto +52K  unch-up 2
Jun=   NA                                       NA
Jul=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.3525-9.4425     dn 8.5-dn 7.5        +22Hto +31H  unch-up 1
Mar=   9.3325-9.4425     dn 8.5-dn 7.5        +20Hto +31H  unch-up 1
Apr=   9.4325-9.4925     dn 8.5               +16Kto +22K  unch
May    9.4325-9.5025     dn 8.5               +16Kto +23K  unch
Jun=   9.6000-9.6300     dn 8.25              +19Nto +22N  unch
Jul=   9.6300-9.6400     dn 8.25              +22Nto +23N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Feb=   6.1625-6.2625     dn 13               +120Hto +130H unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   7.7950-7.8850     dn 6.25              +60Hto +65H  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            Jan 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.99                NA
US 1 HRW Wheat           NA                  5.71
US 2 Yellow Corn         4.24                NA
US 1 Yellow Soybeans     9.36                NA
US 2 Yellow Sorghum      NA                  7.39

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

11:43  nd