JO_GR112
Portland, OR    Fri  Dec 06, 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
Dec=   6.3250-6.3750     up 0.5              +100Zto +105Z unch
Jan=   6.2450-6.3450     up 0.75-up 5.75     +100Hto +110H unch-up 5
Feb=   6.2450-6.3450     up 0.75-up 5.75     +100Hto +110H unch-up 5
Mar=   6.2450-6.2950     up 0.75-up 5.75     +100Hto +105H unch-up 5
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.1675-4.2075     up 0.25-dn 2.75      +40Hto +44H  no comp
Jan=   4.2075-4.2875     unch-dn 7            +44Hto +52H  unch-dn 7
Feb=   4.2375-4.3375     unch-dn 2            +47Hto +57H  unch-dn 2
Mar=   NA                                       NA
Apr=   4.3750            dn 1                 +55K         dn 1
May=   4.3750            up 4-dn 1            +55K         up 4-dn 1
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.4350            up 5.25-up 4.25      +54F         unch-dn 1
Jan=   9.4450-9.4550     up 17.25-up 5.25     +55Fto +56F  up 12-unch
Feb=   9.4375-9.4875     up 5                 +40Hto +45H  unch
Mar=   9.4875            up 12-up 5           +45H         up 7-unch
Apr=   9.5625-9.5825     up 2.75              +38Kto +40K  dn 2
May=   9.5825            up 4.75              +40K         unch
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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
Dec=   5.4000-5.4500     dn 5.25             +125Zto +130Z unch
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Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.0800-7.4375     up 1.75              +30Zto +50Z  unch
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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 2019
                         Louisiana           Texas
US 2 SRW Wheat           6.08                NA
US 1 HRW Wheat           NA                  5.53
US 2 Yellow Corn         4.23                NA
US 1 Yellow Soybeans     9.55                NA
US 2 Yellow Sorghum      NA                  7.34

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

12:00  nd