JO_GR112 Portland, OR Thu Dec 27, 2018 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, dollars per bushel, except sorghum per cwt. Bids as of 11:30 Central time; Subject to change. In early trading bids were not fully established but were indicated as follows for Louisiana: soft red winter wheat lower, yellow corn higher, soybeans were mixed and yellow sorghum was not available. Texas cash bids were lower for hard red winter wheat and higher for yellow sorghum Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Dec= 5.7325-5.8825 +65H to +80H Jan= 5.7325-5.8925 +65H to +81H Feb= 5.7325-5.9025 +65H to +82H Mar= 5.7325-5.9025 +65H to +82H Apr= 5.7550-5.8050 +60K to +65K May= 5.7550-5.8050 +60K to +65K _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Dec= 4.1500-4.2300 +40H to +48H Jan= 4.1800-4.2200 +43H to +47H Feb= 4.2200-4.2300 +47H to +48H Mar= 4.2200-4.2400 +47H to +49H Apr= 4.2675-4.2875 +44K to +46K May= 4.2675-4.2875 +44K to +46K _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Dec= 8.9225-9.0025 +20F to +28F Jan= 8.9725-9.0725 +25F to +35F Feb= 9.0525-9.0725 +20H to +22H Mar= 9.0525-9.1025 +20H to +25H Apr= 9.1450-9.1650 +16K to +18K May 9.1450-9.1650 +16K to +18K _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Dec= NA NA _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Dec= 5.5275-5.6775 +60H to +75H _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Dec= 7.2325-7.4100 +30H to +40H _ 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 for 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 8:46 nd