JO_GR112
Portland, OR    Wed  Jan 30, 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
Jan=   5.9975-6.0075     up 3.5               +83Hto +84H  unch
Feb=   5.9975-6.0075     up 3.5               +83Hto +84H  unch
Mar=   6.0075-6.0375     up 3.5-up 5.5        +84Hto +87H  unch-up 2
Apr=   5.9250-6.0050     up 3-up 9            +70Kto +78K  unch-up 6
May=   5.9250-6.0050     up 3-up 9            +70Kto +78K  unch-up 6
Jun=   5.7800            up 3                 +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.2825-4.3625     up 4-up 2            +47Hto +55H  unch-dn 2
Feb=   4.2825-4.3725     up 4                 +47Hto +56H  unch
Mar=   4.2825-4.3525     up 4-up 3            +47Hto +54H  unch-dn 1
Apr=   4.3575-4.3875     up 3.75-up 4.75      +46Kto +49K  unch-up 1
May=   4.3575-4.3875     up 3.75-up 4.75      +46Kto +49K  unch-up 1
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.4200-9.4600     up 2-up 5            +21Hto +25H  unch-up 3
Feb=   9.4300-9.4500     up 2-up 3            +22Hto +24H  unch-up 1
Mar=   9.4100-9.4500     up 4-up 2            +20Hto +24H  up 2-unch
Apr=   9.4800-9.5100     up 2.25              +13Kto +16K  unch
May    9.4800-9.5100     up 2.25              +13Kto +16K  unch
Jun=   9.6050-9.6550     up 2.25              +13Nto +18N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   5.6225-5.7725     up 2                 +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.3425-7.5225     up 7-up 7.25         +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            Dec 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.93                NA
US 1 HRW Wheat           NA                  5.74
US 2 Yellow Corn         4.25                NA
US 1 Yellow Soybeans     9.20                NA
US 2 Yellow Sorghum      NA                  7.43

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

11:39  nd