JO_GR112
Portland, OR    Tue  Jun 25, 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
Jun=   6.0575-6.2075     dn 2.25              +70Nto +85N  unch
Jul=   6.0575-6.2575     dn 2.25              +70Nto +90N  unch
Aug=   6.0500-6.1000     dn 2.5               +65Uto +70U  unch
Sep=   6.1000            up 2.5-dn 2.5        +70U         up 5-unch
Oct=   6.1550            dn 2                 +65Z         unch
Nov=   6.1550            dn 2                 +65Z         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jun=   5.0750-5.3050     up 0.75-up 19.75     +60Nto +83N  unch-up 19
Jul=   4.9350-5.0050     up 0.75-up 2.75      +46Nto +53N  unch-up 2
Aug=   4.8800-4.9700     up 1.25-up 2.25      +35Uto +44U  unch-up 1
Sep=   4.9700-5.0100     up 1.25-up 3.25      +44Uto +48U  unch-up 2
Oct=   5.0250-5.0750     up 1.25-up 0.25      +45Zto +50Z  up 1-unch
Nov=   5.0350-5.0750     up 0.25              +46Zto +50Z  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jun=   9.5850-9.7850     dn 5.5-up 7.5        +55Nto +75N  unch-up 13
Jul=   9.5250-9.5350     dn 5.5               +49Nto +50N  unch
Aug=   9.4775-9.5075     dn 6                 +39Qto +42Q  unch
Sep=   9.4850-9.5150     dn 6.25              +22Xto +25X  unch
Oct=   9.5150-9.5750     dn 6.25              +25Xto +31X  unch
Nov=   9.5750-9.6550     dn 6.25              +31Xto +39X  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   5.6525            dn 0.25             +100N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   7.2775-7.8125     up 0.5               -50Zto -20Z  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            May 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.47                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     8.77                NA
US 2 Yellow Sorghum      NA                  NA

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

11:26  nd