JO_GR112 Portland, OR Fri Feb 21, 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, 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 were lower, yellow corn were lower, soybeans were higher and yellow sorghum were not available. Texas cash bids for hard red winter wheat trended higher and bids for yellow sorghum were not available. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Feb= 6.5800 +100H Mar= 6.5800 +100H Apr= 6.5850-6.6350 +100K to +105K May= 6.5850-6.6350 +100K to +105K Jun= 6.2825-6.3325 +70N to +75N Jul= 6.2825-6.3325 +70N to +75N _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Feb= 4.2725 +50H Mar= 4.3125-4.3325 +54H to +56H Apr= 4.3525-4.3625 +54K to +55K May= 4.3525-4.3625 +54K to +55K Jun= 4.3550-4.3750 +51N to +53N Jul= 4.3550-4.3750 +51N to +53N _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Feb= 9.4925-9.5625 +53H to +60H Mar= 9.4925-9.5625 9.4925-9.5 +53H to +60H Apr= 9.4900-9.5500 +45K to +51K May= 9.5400-9.5500 +50K to +51K Jun= 9.5900-9.6400 +45N to +50N Jul= 9.6300-9.6400 +49N to +50N _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Feb= 5.8525-6.0525 +110H to +130H NC= 5.7400-5.8400 +85N to +95N _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Feb= NA NA NC= 7.4325 +30Z _ 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 Jan 2020 Louisiana Texas US 2 SRW Wheat 6.75 NA US 1 HRW Wheat NA 6.11 US 2 Yellow Corn 4.36 NA US 1 Yellow Soybeans 9.74 NA US 2 Yellow Sorghum NA 7.54 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 8:47 nd