JO_GR112
Portland, OR    Thu  Dec 13, 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=   6.0100-6.1100     up 9.5               +65Hto +75H  unch
Jan=   6.0100-6.1600     up 9.5               +65Hto +80H  unch
Feb=   6.0100-6.2100     up 9.5-up 14.5       +65Hto +85H  unch-up 5
Mar=   6.0100-6.2100     up 9.5-up 14.5       +65Hto +85H  unch-up 5
Apr=   6.0175-6.0675     up 9.5               +60Kto +65K  unch
May=   6.0175-6.0675     up 9.5               +60Kto +65K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.2825-4.3225     up 9-dn 1            +44Hto +48H  up 10-unch
Jan=   4.3125            up 3-dn 1            +47H         up 4-unch
Feb=   4.3125-4.3525     unch-up 3            +47Hto +51H  up 1-4
Mar=   4.3125-4.3625     dn 1-up 2            +47Hto +52H  unch-up 3
Apr=   4.3475-4.3775     dn 1                 +43Kto +46K  unch
May=   4.3475-4.3775     dn 1                 +43Kto +46K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.2400-9.2700     dn 11-dn 13          +17Fto +20F  up 2-unch
Jan=   9.3200-9.3400     dn 10-dn 11          +25Fto +27F  up 3-2
Feb=   9.3850-9.4050     dn 9.75-dn 12.75     +18Hto +20H  up 3-unch
Mar=   9.4050-9.4250     dn 11.75-dn 10.75    +20Hto +22H  up 1-2
Apr=   9.4925-9.5125     dn 11.5-dn 10.5      +16Kto +18K  up 1-2
May    9.4925-9.5125     dn 11.5-dn 10.5      +16Kto +18K  up 1-2
_
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=   5.8000-5.9500     up 8.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.3975-7.5750     dn 1.75-dn 2         +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

11:46  nd