JO_GR112
Portland, OR    Thu  Nov 14, 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=   5.9775-6.0275     dn 1.25              +90Zto +95Z  unch
Dec=   6.0275            dn 1.25              +95Z         unch
Jan=   6.0100            dn 2.75              +90H         unch
Feb=   6.0100            dn 2.75              +90H         unch
Mar=   6.0100            dn 2.75              +90H         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   4.1775-4.3175     up 0.5               +42Zto +56Z  unch
Dec=   4.2675-4.3375     up 0.5               +51Zto +58Z  unch
Jan=   4.2875-4.2975     up 0.75              +44Hto +45H  unch
Feb=   4.3175-4.4075     up 0.75              +47Hto +56H  unch
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   9.4125-9.6125     dn 2.25-dn 1.25      +41Xto +61X  unch-up 1
Dec=   9.5575-9.7575     up 1.5-up 2.5        +39Fto +59F  unch-up 1
Jan=   9.5675-9.7475     up 1.5-up 2.5        +40Fto +58F  unch-up 1
Feb=   9.5550-9.6050     up 1                 +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=   5.4725-5.5225     dn 2.5              +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.2450-7.4250     up 0.75-up 1         +30Zto +40Z  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            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

11:34  nd