JO_GR112
Portland, OR    Tue  Apr 23, 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
Apr=   5.2275-5.2575     up 3                 +84Kto +87K  unch
May=   5.1875-5.2575     up 1-up 3            +80Kto +87K  dn 2-unch
Jun=   5.1000            up 3.25              +65N         unch
Jul=   5.1000            up 3.25              +65N         unch
Aug=   5.1175-5.1675     up 3                 +60Uto +65U  unch
Sep=   5.1175-5.1675     up 3                 +60Uto +65U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Apr=   3.9725-4.1025     dn 3.5               +46Kto +59K  unch
May=   3.9725-4.0725     dn 3.5               +46Kto +56K  unch
Jun=   4.0025-4.0625     dn 5.25-dn 3.25      +40Nto +46N  dn 2-unch
Jul=   4.0025-4.0625     dn 5.25-dn 3.25      +40Nto +46N  dn 2-unch
Aug=   4.0625-4.1325     dn 2.75              +38Uto +45U  unch
Sep=   4.0625-4.1225     dn 2.75              +38Uto +44U  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Apr=   8.8900-8.9000     dn 16-dn 17          +27Kto +28K  dn 1-2
May=   8.9200-8.9800     dn 18-dn 15          +30Kto +36K  dn 3-unch
Jun=   9.0350-9.0650     dn 18.25-dn 16.25    +28Nto +31N  dn 3-1
Jul=   9.0350-9.0850     dn 19.25-dn 15.25    +28Nto +33N  dn 4-unch
Aug=   9.1150-9.1450     dn 14.75             +30Qto +33Q  unch
Sep=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Apr=   5.2650-5.4450     up 2.75             +112Kto +130K unch
NC=    5.1100            up 2.75              +90N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   7.3425-7.4325     dn 6.25              +60Kto +65K  unch
NC=    6.9600            dn 5                 +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            Mar 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.45                NA
US 1 HRW Wheat           NA                  5.60
US 2 Yellow Corn         4.22                NA
US 1 Yellow Soybeans     9.33                NA
US 2 Yellow Sorghum      NA                  7.68

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

11:29  nd