JO_GR112
Portland, OR    Tue  Dec 11, 2018    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
Dec=   5.8600-5.9600     dn 4.25              +65Hto +75H  unch
Jan=   5.8600-6.0100     dn 4.25              +65Hto +80H  unch
Feb=   5.8600-6.0100     dn 4.25              +65Hto +80H  unch
Mar=   5.8600-6.0100     dn 4.25              +65Hto +80H  unch
Apr=   5.8850-5.9350     dn 3-dn 8            +60Kto +65K  unch-dn 5
May=   5.8850-5.9350     dn 3-dn 8            +60Kto +65K  unch-dn 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.2375-4.3275     dn 0.25-up 0.75      +39Hto +48H  dn 1-unch
Jan=   4.2875-4.3175     up 0.75              +44Hto +47H  unch
Feb=   4.3175-4.3275     up 0.75              +47Hto +48H  unch
Mar=   4.3175-4.3475     up 3.75-up 0.75      +47Hto +50H  up 3-unch
Apr=   4.3625-4.3725     up 1                 +44Kto +45K  unch
May=   4.3625-4.3725     up 1                 +44Kto +45K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.3000-9.3500     up 5.25              +15Fto +20F  unch
Jan=   9.3500            up 5.25-up 4.25      +20F         unch-dn 1
Feb=   9.4125-9.4825     up 3.5-up 5.5        +13Hto +20H  dn 2-unch
Mar=   9.4725-9.4825     up 5.5               +19Hto +20H  unch
Apr=   9.5600-9.5700     up 4.5-up 5.5        +15Kto +16K  dn 1-unch
May    9.5600-9.5700     up 4.5-up 5.5        +15Kto +16K  dn 1-unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.6475-5.7975     dn 5.5               +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.4050-7.5850     up 1.25              +30Hto +40H  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            Nov 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.75                NA
US 1 HRW Wheat           NA                  5.54
US 2 Yellow Corn         4.08                NA
US 1 Yellow Soybeans     8.99                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

11:43  nd