JO_GR112 Portland, OR Wed May 27, 2020 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= 5.6450-5.6950 up 8.75-dn 2.25 +60N to +65N up 11-unch Jun= 5.5650-5.5950 up 3.75-dn 2.25 +52N to +55N up 6-unch Jul= 5.5650-5.5950 up 3.75-dn 2.25 +52N to +55N up 6-unch Aug= 5.6000-5.6300 up 9.5-dn 2.5 +52U to +55U up 12-unch Sep= 5.6000-5.6300 up 6.5-dn 2.5 +52U to +55U up 9-unch Oct= 5.7225 no comp +55Z no comp _ Louisiana Midday bids and basis for US 2 Yellow Corn Cash Bids Change Basis Change May= 3.6850-3.7050 up 1.5 +48N to +50N unch Jun= 3.6650-3.6850 up 1.5 +46N to +48N unch Jul= 3.6450-3.6850 up 1.5 +44N to +48N unch Aug= 3.6725-3.7125 up 1.25-up 2.25 +42U to +46U unch-up 1 Sep= 3.6725-3.7125 up 1.25-up 2.25 +42U to +46U unch-up 1 Oct= 3.8050-3.8150 up 0.5-dn 1.5 +46Z to +47Z unch-dn 2 _ Louisiana Midday bids and basis for US 1 Yellow Soybeans Cash Bids Change Basis Change May= 8.9850-9.0350 up 1.5-up 2.5 +50N to +55N unch-up 1 Jun= 9.0450-9.0650 up 2.5-up 3.5 +56N to +58N up 1-2 Jul= 9.0750-9.0850 up 1.5 +59N to +60N unch Aug= 9.1125-9.1225 up 2.5 +61Q to +62Q up 1 Sep= NA NA Oct NC=9.1450-9.1550 up 2.5-up 1.5 +59X to +60X up 2-1 _ Louisiana Midday bids and basis for US 2 Yellow Sorghum Cash Bids Change Basis Change _ Texas Midday bids and basis for US 1 Hard Red Winter Wheat Cash Bids Change Basis Change May= 5.4675-5.6675 up 4.5 +95N to +115N unch _ Texas Midday bids and basis for US 2 Yellow Sorghum Cash Bids Change Basis Change May= 7.9550-8.2225 up 2.75-up 2.5 +125N to +140N unch NC= 7.2225-7.4025 up 0.75-up 1 +70Z to +80Z 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 2020 Louisiana Texas US 2 SRW Wheat 6.03 NA US 1 HRW Wheat NA 5.96 US 2 Yellow Corn 3.73 NA US 1 Yellow Soybeans 8.98 NA US 2 Yellow Sorghum NA 7.56 Source:USDA Market News Service, Portland, OR Brian Personius 503-535-5001 Portland.LPGMN@ams.usda.gov www.ams.usda.gov/mnreports/jo_gr112.txt www.ams.usda.gov/lpsmarketnewspage 13:47 bp