JO_GR112
Portland, OR    Wed  Feb 13, 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
Feb=   6.1025-6.1225     up 2.25              +88Hto +90H  unch
Mar=   6.1225-6.1325     up 2.25              +90Hto +91H  unch
Apr=   6.0100-6.0600     up 4.25-up 2.25      +75Kto +80K  unch-dn 2
May=   6.0100-6.0600     up 4.25-up 2.25      +75Kto +80K  unch-dn 2
Jun=   5.8150            up 4.5               +55N         unch
Jul=   5.8150            up 4.5               +55N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.2575-4.4275     up 0.5               +47Hto +64H  unch
Mar=   4.2575-4.3975     up 0.5-dn 0.5        +47Hto +61H  unch-dn 1
Apr=   4.3275-4.3775     up 0.5-dn 0.5        +46Kto +51K  unch-dn 1
May=   4.3275-4.3875     up 0.5               +46Kto +52K  unch
Jun=   NA                                       NA
Jul=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.3850-9.4950     dn 1                 +22Hto +33H  unch
Mar=   9.3650-9.4850     dn 1-unch            +20Hto +32H  unch-up 1
Apr=   9.4675-9.5475     dn 1-up 1            +16Kto +24K  unch-up 2
May    9.4675-9.5475     dn 1-unch            +16Kto +24K  unch-up 1
Jun=   9.6275-9.6875     dn 1.25-up 2.75      +19Nto +25N  unch-up 4
Jul=   9.6675-9.6875     up 0.75              +23Nto +25N  up 2
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Feb=   6.1400-6.2400     up 2                +120Hto +130H unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   7.8350-7.9250     up 1                 +60Hto +65H  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            Jan 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.99                NA
US 1 HRW Wheat           NA                  5.71
US 2 Yellow Corn         4.24                NA
US 1 Yellow Soybeans     9.36                NA
US 2 Yellow Sorghum      NA                  7.39

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

11:41  nd