JO_GR112
Portland, OR    Mon  Dec 17, 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, 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
Dec=   6.0025-6.1025     up 5.25              +65Hto +75H  unch
Jan=   6.0025-6.1525     up 5.25              +65Hto +80H  unch
Feb=   6.0025-6.2025     up 5.25              +65Hto +85H  unch
Mar=   6.0025-6.2025     up 5.25              +65Hto +85H  unch
Apr=   6.0175-6.1175     up 5.25              +60Kto +70K  unch
May=   6.0175-6.1175     up 5.25              +60Kto +70K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.2800-4.3200     dn 0.75              +44Hto +48H  unch
Jan=   4.3100            dn 0.75              +47H         unch
Feb=   4.3100-4.3400     dn 0.75              +47Hto +50H  unch
Mar=   4.3100-4.3500     dn 0.75              +47Hto +51H  unch
Apr=   4.3575-4.3775     dn 0.5               +44Kto +46K  unch
May=   4.3575-4.3775     dn 0.5               +44Kto +46K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.2175-9.2475     up 4.25              +17Fto +20F  unch
Jan=   9.2975-9.3175     up 4.25              +25Fto +27F  unch
Feb=   9.3600-9.3800     up 4.25              +18Hto +20H  unch
Mar=   9.3800-9.4000     up 4.25              +20Hto +22H  unch
Apr=   9.4750-9.4950     up 4.5               +16Kto +18K  unch
May    9.4750-9.4950     up 4.5               +16Kto +18K  unch
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.8200-5.9700     up 3.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.3925-7.5725     dn 1.25              +30Hto +40H  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            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

11:42  nd