JO_GR112 Portland, OR Thu Dec 20, 2018 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 higher, yellow corn lower, soybeans were lower and yellow sorghum was not available. Texas cash bids were higher for hard red winter wheat and lower for yellow sorghum. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Dec= 5.9150-6.0650 +65H to +80H Jan= 5.9150-6.0650 +65H to +80H Feb= 5.9150-6.1150 +65H to +85H Mar= 5.9150-6.1150 +65H to +85H Apr= 5.9425-5.9925 +60K to +65K May= 5.9425-5.9925 +60K to +65K _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Dec= 4.1950-4.2550 +42H to +48H Jan= 4.2450 +47H Feb= 4.2450-4.2650 +47H to +49H Mar= 4.2450-4.2850 +47H to +51H Apr= 4.2950-4.3150 +44K to +46K May= 4.2950-4.3150 +44K to +46K _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Dec= 9.1650-9.2450 +20F to +28F Jan= 9.2150-9.2950 +25F to +33F Feb= 9.2975 +20H Mar= 9.2975-9.3375 +20H to +24H Apr= 9.3875-9.4175 +16K to +19K May 9.3875-9.4175 +16K to +19K _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Dec= NA NA _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Dec= 5.7225-5.8725 +60H to +75H _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Dec= 7.2775-7.4550 +30H to +40H _ 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 Nov 2018 Louisiana Texas US 2 SRW Wheat 5.75 NA US 1 HRW Wheat NA 5.54 US 2 Yellow Corn 4.08 NA US 1 Yellow Soybeans 8.99 NA US 2 Yellow Sorghum NA 7.15 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 8:42 nd