JO_GR112
Portland, OR    Fri  Mar 22, 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
Mar=   5.5400-5.5600     up 0.5-dn 0.5        +88K to +90K  up 1-unch
Apr=   5.5100-5.5300     dn 0.5-up 0.5        +85K to +87K  unch-up 1
May=   5.4900-5.5300     dn 0.5-up 0.5        +83K to +87K  unch-up 1
Jun=   5.3575-5.3775     dn 0.75-up 1.25      +65N to +67N  unch-up 2
Jul=   5.3575-5.3775     dn 0.75-up 1.25      +65N to +67N  unch-up 2
Aug=   NA                                       NA
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis          Change
Mar=   4.2525-4.3625     up 2-up 5            +47K to +58K  unch-up 3
Apr=   4.2425-4.3425     up 2-up 6            +46K to +56K  unch-up 4
May=   4.2425-4.3425     up 2-up 6            +46K to +56K  unch-up 4
Jun=   4.3250-4.3350     up 3                 +45N to +46N  up 1
Jul=   4.3250-4.3350     up 3                 +45N to +46N  up 1
Aug=   4.3525-4.3625     up 1.5               +42U to +43U  unch
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis          Change
Mar=   9.2475-9.3575     dn 6.75              +21K to +32K  unch
Apr=   9.2275-9.3575     dn 6.75              +19K to +32K  unch
May    9.2675-9.3575     dn 6.75              +23K to +32K  unch
Jun=   9.3625-9.4825     dn 7-dn 8            +19N to +31N  unch-dn 1
Jul=   9.4025-9.4825     dn 7                 +23N to +31N  unch
Aug=   NA                                       NA
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Mar=   NA                                       NA
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Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis          Change
Mar=   5.5700-5.7500     dn 2                +112K to +130K unch
NC=    5.4350            no comp              +90N          no comp
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Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Mar=   7.8250-7.9150     up 3.5-up 12.5       +60K to +65K  unch-up 5
NC=    7.3225            up 2.25              +10Z          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            Feb 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.90                NA
US 1 HRW Wheat           NA                  5.95
US 2 Yellow Corn         4.31                NA
US 1 Yellow Soybeans     9.42                NA
US 2 Yellow Sorghum      NA                  7.73

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

13:44  nd