JO_GR112 Portland, OR Wed Jan 16, 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, dollars per bushel, except sorghum per cwt. Bids as of 11:30 Central time; Subject to change. In early trading bids were not fully established but were indicated as follows for Louisiana: soft red winter wheat higher, yellow corn higher, soybeans were mixed and yellow sorghum was not available. Texas cash bids were higher for hard red winter wheat and higher for yellow sorghum. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Jan= 5.9625-5.9825 +82H to +84H Feb= 5.9625-5.9925 +82H to +85H Mar= 5.9825-6.0125 +84H to +87H Apr= 5.8950-5.9450 +70K to +75K May= 5.8950-5.9450 +70K to +75K Jun= 5.7400 +50N _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Jan= 4.1500-4.2100 +41H to +47H Feb= 4.2100-4.2300 +47H to +49H Mar= 4.2100-4.2600 +47H to +52H Apr= 4.2825-4.2925 +46K to +47K May= 4.2825-4.2925 +46K to +47K Jun= NA NA _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Jan= 9.1150-9.1550 +18H to +22H Feb= 9.1250-9.1650 +19H to +23H Mar= 9.1350-9.1750 +20H to +24H Apr= 9.2125-9.2325 +14K to +16K May 9.2125-9.2325 +14K to +16K Jun= 9.3400-9.3800 +14N to +18N _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Jan= NA NA _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Jan= 5.5775-5.7275 +60H to +75H _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Jan= 7.2150-7.3925 +30H to +40H _ 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 for Dec 2018 Louisiana Texas US 2 SRW Wheat 5.93 NA US 1 HRW Wheat NA 5.74 US 2 Yellow Corn 4.25 NA US 1 Yellow Soybeans 9.20 NA US 2 Yellow Sorghum NA 7.43 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 8:48 nd