JO_GR112 Portland, OR Mon Jul 13, 2020 USDA Market News Louisiana and Texas Export Bids NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_3147.pdf If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. 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 lower and yellow sorghum were not available. Texas cash bids for hard red winter wheat were not available and bids for yellow sorghum were lower. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Jul= 5.8725-5.9100 +55N to +58U Aug= 5.8425-5.9125 +55U to +62U Sep= 5.8425-5.9425 +55U to +65U Oct= 5.9025-6.0025 +55Z to +65Z Nov 5.9025-6.0025 +55Z to +65Z Dec 5.9025-6.0025 +55Z to +65Z _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Jul= 3.7950-3.8450 +50U to +55U Aug= 3.8250-3.8550 +53U to +56U Sep= 3.8550-3.8850 +56U to +59U Oct= 3.8575-3.9275 +49Z to +56Z Nov 3.9175-3.9375 +55Z to +57Z Dec 3.9275-3.9475 +56Z to +58Z _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Jul= 9.3775-9.3875 +62Q to +63Q Aug= 9.4175-9.4275 +66Q to +67Q Sep= 9.4175-9.4475 +65X to +68X Oct NC= 9.4175-9.4475 +65X to +68X Nov 9.4675 +70X Dec NA NA _ 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 NC= NA NA _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Jul NC= 7.8875-8.5125 +105Z to +140Z Aug 7.8875-8.5125 +105Z to +140Z _ 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 Jun 2020 Louisiana Texas US 2 SRW Wheat 5.46 NA US 1 HRW Wheat NA 5.40 US 2 Yellow Corn 3.76 NA US 1 Yellow Soybeans 9.26 NA US 2 Yellow Sorghum NA 7.75 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 10:38 bp