JO_GR112
Portland, OR    Wed  Sep 18, 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
Sep=   5.5950-5.6250     up 5.25              +70Zto +73Z  unch
Oct=   5.6650-5.6950     up 5.25-up 3.25      +77Zto +80Z  unch-dn 2
Nov=   5.6650-5.6950     up 5.25-up 3.25      +77Zto +80Z  unch-dn 2
Dec=   5.6650-5.6950     up 5.25-up 3.25      +77Zto +80Z  unch-dn 2
Jan=   5.7275-5.7575     up 5                 +77Hto +80H  unch
Feb=   5.7275-5.7575     up 5                 +77Hto +80H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Sep=   4.0325-4.0625     up 2.25-up 4.25      +32Zto +35Z  dn 1-up 1
Oct=   4.0825-4.1125     up 2.25-dn 2.75      +37Zto +40Z  dn 1-6
Nov=   4.1325-4.1625     up 1.25-dn 1.75      +42Zto +45Z  dn 2-5
Dec=   4.2225-4.2425     up 3.25-up 4.25      +51Zto +53Z  unch-up 1
Jan=   4.2650-4.3050     up 2.5               +44Hto +48H  unch
Feb=   4.2950-4.3050     no comp              +47Hto +48H  no comp
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Sep=   9.0275-9.0675     dn 3-dn 2            +14Xto +18X  up 2-3
Oct=   9.0275-9.0675     dn 4-unch            +14Xto +18X  up 1-5
Nov=   9.1175-9.1675     dn 4-unch            +23Xto +28X  up 1-5
Dec=   9.2725-9.3025     unch-dn 2            +25Fto +28F  up 5-3
Jan=   9.3425-9.3825     unch-up 1            +32Fto +36F  up 5-6
Feb=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Sep=   5.1475-5.3975     up 7.5              +105Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   6.5400-7.1650     up 5.75               -5Zto +30Z  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            Aug 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.36                NA
US 1 HRW Wheat           NA                  4.92
US 2 Yellow Corn         4.14                NA
US 1 Yellow Soybeans     9.07                NA
US 2 Yellow Sorghum      NA                  6.71

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

11:34  nd