JO_GR112 Portland, OR Thu May 28, 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= 5.7450-5.7950 up 10 +60N to +65N unch Jun= 5.6650-5.6950 up 10 +52N to +55N unch Jul= 5.6650-5.6950 up 10 +52N to +55N unch Aug= 5.6975-5.7275 up 9.75 +52U to +55U unch Sep= 5.6975-5.7275 up 9.75 +52U to +55U unch Oct= 5.8125 up 9 +55Z unch _ Louisiana Midday bids and basis for US 2 Yellow Corn Cash Bids Change Basis Change May= 3.7550-3.7750 up 7 +48N to +50N unch Jun= 3.7350-3.7550 up 7 +46N to +48N unch Jul= 3.7150-3.7550 up 7 +44N to +48N unch Aug= 3.7375-3.7775 up 6.5 +42U to +46U unch Sep= 3.7375-3.7775 up 6.5 +42U to +46U unch Oct= 3.8625-3.8725 up 5.75 +46Z to +47Z unch _ Louisiana Midday bids and basis for US 1 Yellow Soybeans Cash Bids Change Basis Change May= 8.9700-9.0200 dn 1.5 +50N to +55N unch Jun= 9.0300-9.0500 dn 1.5 +56N to +58N unch Jul= 9.0600-9.0700 dn 1.5 +59N to +60N unch Aug= 9.1025-9.1125 dn 1 +61Q to +62Q unch Sep= NA NA Oct NC=9.1500-9.1600 up 0.5 +59X to +60X unch _ 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= 5.5900-5.7900 up 12.25 +95N to +115N unch _ Texas Midday bids and basis for US 2 Yellow Sorghum Cash Bids Change Basis Change May= 8.0800-8.3475 up 12.5 +125N to +140N unch NC= 7.3250-7.5050 up 10.25 +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 13:44 bp