JO_GR112 Portland, OR Wed Jun 24, 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, 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= 5.2325-5.2625 dn 4.75 +42N to +45N unch Jul= 5.2325-5.2625 dn 4.75 +42N to +45N unch Aug= 5.2775-5.2875 dn 5.25 +42U to +43U unch Sep= 5.3575-5.4075 dn 5.25 +50U to +55U unch Oct= 5.4600-5.4900 dn 4.75 +52Z to +55Z unch Nov 5.4900 dn 4.75 +55Z unch _ Louisiana Midday bids and basis for US 2 Yellow Corn Cash Bids Change Basis Change Jun= 3.7225-3.7425 dn 0.75 +48N to +50N unch Jul= 3.7225-3.7725 dn 0.75 +48N to +53N unch Aug= 3.7700-3.8300 dn 2-up 1 +50U to +56U unch-up 3 Sep= 3.8100-3.8300 dn 1 +54U to +56U up 1 Oct= 3.8175-3.8775 dn 3-dn 1 +48Z to +54Z unch-up 2 Nov 3.8375-3.8775 dn 3-dn 1 +50Z to +54Z unch-up 2 _ Louisiana Midday bids and basis for US 1 Yellow Soybeans Cash Bids Change Basis Change Jun= 9.2675-9.3475 dn 4.25-dn 5.25 +56N to +64N unch-dn 1 Jul= 9.3075-9.3675 dn 4.25-dn 5.25 +60N to +66N unch-dn 1 Aug= 9.3350-9.3650 dn 4.5 +66Q to +69Q unch Sep= 9.3500-9.3800 dn 4-dn 3 +65X to +68X unch-up 1 Oct NC=9.2900-9.3800 dn 4-dn 3 +59X to +68X unch-up 1 Nov 9.3900-9.4200 dn 4 +69X to +72X unch _ 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 Jun 5.1625-5.3125 dn 3.75 +85N to +100N unch NC= 5.1625-5.3125 dn 3.75 +85N to +100N unch _ Texas Midday bids and basis for US 2 Yellow Sorghum Cash Bids Change Basis Change Jun NA NA NC= 7.4775-7.9250 dn 5.5-dn 5.25 +85Z to +110Z 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 2020 Louisiana Texas US 2 SRW Wheat 5.71 NA US 1 HRW Wheat NA 5.60 US 2 Yellow Corn 3.66 NA US 1 Yellow Soybeans 8.96 NA US 2 Yellow Sorghum NA 7.98 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 13:50 bp