JO_GR112
Portland, OR    Mon  Aug 19, 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
Aug=   5.2550-5.3050     dn 5.25              +60Uto +65U  unch
Sep=   5.3750-5.4050     dn 5.25              +72Uto +75U  unch
Oct=   5.4550-5.4750     dn 5                 +73Zto +75Z  unch
Nov=   5.4550-5.4750     dn 5                 +73Zto +75Z  unch
Dec=   5.4550-5.4750     dn 5                 +73Zto +75Z  unch
Jan=   5.4950-5.5450     dn 4.5-up 0.5        +70Hto +75H  unch-up 5
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Aug=   3.9700-4.0900     dn 7-dn 6            +32Uto +44U  dn 1-unch
Sep=   3.9900-4.1500     dn 6                 +34Uto +50U  unch
Oct=   4.0550-4.2050     dn 5.25-dn 6.25      +31Zto +46Z  up 1-unch
Nov=   4.1450-4.2450     dn 6.25              +40Zto +50Z  unch
Dec=   4.2350-4.2550     dn 5.25-dn 6.25      +49Zto +51Z  up 1-unch
Jan=   NA                                       NA
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Aug=   8.9950-9.1150     dn 13.25-dn 10.25    +33Xto +45X  unch-up 3
Sep=   8.9150-8.9850     dn 13.25             +25Xto +32X  unch
Oct=   8.9250-8.9650     dn 13.25             +26Xto +30X  unch
Nov=   9.0150-9.0650     dn 13.25             +35Xto +40X  unch
Dec=   9.1250-9.1350     dn 13                +32Fto +33F  unch
Jan=   NA                                       NA
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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
Aug=   4.7625-4.9425     dn 3                 +85Uto +103U unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   6.5975-7.1350     up 33.5-up 69.25      -5Zto +25Z  up 25-45
_
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           July 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.55                NA
US 1 HRW Wheat           NA                  5.34
US 2 Yellow Corn         4.81                NA
US 1 Yellow Soybeans     9.44                NA
US 2 Yellow Sorghum      NA                  7.23

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

11:43  nd