JO_GR112
Portland, OR    Fri  May 17, 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
May=   5.4000-5.6500     dn 2                 +75Nto +100N unch
Jun=   5.3000-5.4000     dn 2-up 3            +65Nto +75N  unch-up 5
Jul=   5.3000-5.4000     dn 2-up 3            +65Nto +75N  unch-up 5
Aug=   5.3625-5.3825     dn 2.25              +65Uto +67U  unch
Sep=   5.3625-5.3825     dn 2.25              +65Uto +67U  unch
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
May=   4.3225-4.3325     up 8.25-up 4.25      +49Nto +50N  up 4-unch
Jun=   4.2325-4.2825     up 4.25              +40Nto +45N  unch
Jul=   4.2325-4.2825     up 4.25              +40Nto +45N  unch
Aug=   4.2350-4.3550     up 4.5-up 3.5        +33Uto +45U  up 1-unch
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
May=   8.5675-8.6175     dn 18-dn 16          +35Nto +40N  unch-up 2
Jun=   8.5175            dn 18                +30N         unch
Jul=   8.5175-8.5375     dn 18                +30Nto +32N  unch
Aug=   8.5825-8.6025     dn 18.25             +30Qto +32Q  unch
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    5.1025            up 3.5               +90N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    7.2900            up 3                 +10Z         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            Apr 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.37                NA
US 1 HRW Wheat           NA                  5.43
US 2 Yellow Corn         4.10                NA
US 1 Yellow Soybeans     9.10                NA
US 2 Yellow Sorghum      NA                  7.51

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