JO_GR112 Portland, OR Fri May 29, 2020 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 May= 5.8075-5.8575 up 6.25 +60N to +65N unch Jun= 5.7075-5.7575 up 4.25-up 6.25 +50N to +55N dn 2-unch Jul= 5.7075-5.7575 up 4.25-up 6.25 +50N to +55N dn 2-unch Aug= 5.7350-5.7850 up 3.75-up 5.75 +50U to +55U dn 2-unch Sep= 5.7350-5.7850 up 3.75-up 5.75 +50U to +55U dn 2-unch Oct= 5.8725 up 6 +55Z unch _ Louisiana Midday bids and basis for US 2 Yellow Corn Cash Bids Change Basis Change May= 3.7275-3.7575 dn 2.75-dn 1.75 +47N to +50N dn 1-unch Jun= 3.7175-3.7375 dn 1.75 +46N to +48N unch Jul= 3.6975-3.7375 dn 1.75 +44N to +48N unch Aug= 3.7000-3.7600 dn 3.75-dn 1.75 +40U to +46U dn 2-unch Sep= 3.7200-3.7600 dn 1.75 +42U to +46U unch Oct= 3.8475-3.8575 dn 1.5 +46Z to +47Z unch _ Louisiana Midday bids and basis for US 1 Yellow Soybeans Cash Bids Change Basis Change May= 8.9075-8.9575 dn 6.25 +50N to +55N unch Jun= 8.9675-8.9875 dn 6.25 +56N to +58N unch Jul= 8.9975-9.0075 dn 6.25 +59N to +60N unch Aug= 9.0450-9.0550 dn 5.75 +61Q to +62Q unch Sep= NA NA Oct NC=9.1075-9.1175 dn 4.25 +59X to +60X unch _ 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 May= 5.6550-5.8550 up 6.5 +95N to +115N unch _ Texas Midday bids and basis for US 2 Yellow Sorghum Cash Bids Change Basis Change May= 8.0500-8.3175 dn 3 +125N to +140N unch NC= 7.3000-7.4775 dn 2.5-dn 2.75 +70Z to +80Z 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 Apr 2020 Louisiana Texas US 2 SRW Wheat 6.03 NA US 1 HRW Wheat NA 5.96 US 2 Yellow Corn 3.73 NA US 1 Yellow Soybeans 8.98 NA US 2 Yellow Sorghum NA 7.56 Source:USDA Market News Service, Portland, OR Brian Personius 503-535-5001 Portland.LPGMN@ams.usda.gov www.ams.usda.gov/mnreports/jo_gr112.txt www.ams.usda.gov/lpsmarketnewspage 13:41 bp