JO_GR112
Portland, OR    Mon  Feb 11, 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=   6.0625-6.0825     up 1                 +88Hto +90H  unch
Mar=   6.0825-6.0925     up 1                 +90Hto +91H  unch
Apr=   5.9550-6.0050     up 1-dn 1            +75Kto +80K  unch-dn 2
May=   5.9550-6.0050     up 1-dn 1            +75Kto +80K  unch-dn 2
Jun=   5.7775            up 0.5-dn 4.5        +55N         unch-dn 5
Jul=   5.7775            up 0.5-dn 4.5        +55N         unch-dn 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.1975-4.3275     dn 1.5-dn 3.5        +47Hto +60H  unch-dn 2
Mar=   4.1975-4.3075     dn 1.5-dn 4.5        +47Hto +58H  unch-dn 3
Apr=   4.2675-4.3075     dn 1.5-dn 3.5        +46Kto +50K  unch-dn 2
May=   4.2675-4.3075     dn 1.5-dn 3.5        +46Kto +50K  unch-dn 2
Jun=   NA                                       NA
Jul=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.2700-9.3800     dn 9.5-dn 8.5        +22Hto +33H  unch-up 1
Mar=   9.2500-9.3600     dn 9.5               +20Hto +31H  unch
Apr=   9.3525-9.4225     dn 9.5-dn 8.5        +16Kto +23K  unch-up 1
May    9.3525-9.4225     dn 9.5               +16Kto +23K  unch
Jun=   9.5200-9.5500     dn 9.25              +19Nto +22N  unch
Jul=   9.5500-9.5600     dn 9.25              +22Nto +23N  unch
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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=   6.1375-6.2375     dn 0.5              +120Hto +130H unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   7.7275-7.8175     dn 2.75-dn 2.5       +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

11:40  nd