JO_GR112
Portland, OR    Fri  Nov 15, 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
Nov=   5.9275-5.9775     dn 5                 +90Zto +95Z  unch
Dec=   5.9775-6.0275     dn 5-unch            +95Zto +100Z unch-up 5
Jan=   5.9600-6.0600     dn 5-up 5            +90Hto +100H unch-up 10
Feb=   5.9600-6.0600     dn 5-up 5            +90Hto +100H unch-up 10
Mar=   5.9600-6.0600     dn 5-up 5            +90Hto +100H unch-up 10
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   4.1325-4.2725     dn 4.5               +42Zto +56Z  unch
Dec=   4.2225-4.2925     dn 4.5               +51Zto +58Z  unch
Jan=   4.2475-4.2575     dn 4                 +44Hto +45H  unch
Feb=   4.2775-4.3675     dn 4                 +47Hto +56H  unch
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   NA                                       NA
Dec=   9.5725-9.7725     up 1.5               +39Fto +59F  unch
Jan=   9.5825-9.7625     up 1.5               +40Fto +58F  unch
Feb=   9.5675-9.6175     up 1.25              +26Hto +31H  unch
Mar=   NA                                       NA
_
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
Nov=   5.4200-5.4700     dn 5.25             +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.1650-7.5225     dn 8-up 9.75         +30Zto +50Z  unch-up 10
_
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            Oct 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.79                NA
US 1 HRW Wheat           NA                  5.43
US 2 Yellow Corn         4.25                NA
US 1 Yellow Soybeans     9.59                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

11:26  nd