JO_GR112
Portland, OR    Fri  Jul 19, 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
Jul=   5.4850-5.5250     up 5-up 8            +46Uto +50U  dn 4-1
Aug=   5.5450-5.7250     up 6-up 9            +52Uto +70U  dn 3-unch
Sep=   5.7050-5.7250     up 9                 +68Uto +70U  unch
Oct=   5.7850-5.8150     up 8.25              +65Zto +68Z  unch
Nov=   5.7850-5.8150     up 8.25              +65Zto +68Z  unch
Dec=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jul=   4.8275-4.8575     up 4.25-up 5.25      +52Uto +55U  dn 2-1
Aug=   4.7775-4.8075     up 3.25              +47Uto +50U  dn 3
Sep=   4.7475-4.8275     up 6.25-up 5.25      +44Uto +52U  unch-dn 1
Oct=   4.8075-4.8275     up 5-up 2            +45Zto +47Z  dn 1-4
Nov=   4.8175-4.8675     up 6                 +46Zto +51Z  unch
Dec=   4.8975-4.9075     up 9-up 7            +54Zto +55Z  up 3-1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jul=   9.5750-9.6050     up 23.25-up 24.25    +56Qto +59Q  up 3-4
Aug=   9.5450-9.5550     up 20.25             +53Qto +54Q  unch
Sep=   9.5525            up 21.25-up 17.25    +36X         up 1-dn 3
Oct=   9.5525-9.5725     up 19.25             +36Xto +38X  dn 1
Nov=   9.5025-9.6025     up 20.25-up 15.25    +31Xto +41X  unch-dn 5
Dec=   9.6675-9.7175     up 20.25             +35Fto +40F  unch
_
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
Jul=   5.2500-5.4300     up 7.25              +85Uto +103U unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jul=   7.2450-7.4250     up 10.75             -30Zto -20Z  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           June 2019
                         Louisiana           Texas
US 2 SRW Wheat           6.05                NA
US 1 HRW Wheat           NA                  5.61
US 2 Yellow Corn         4.96                NA
US 1 Yellow Soybeans     9.48                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

11:28  nd