JO_GR112
Portland, OR    Thu  Jan 24, 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
Jan=   6.0350-6.0650     dn 4.5-dn 3.5        +82Hto +85H  unch-up 1
Feb=   6.0350-6.0650     dn 4.5-dn 3.5        +82Hto +85H  unch-up 1
Mar=   6.0550-6.0650     dn 4.5-dn 3.5        +84Hto +85H  unch-up 1
Apr=   5.9825-6.0325     dn 3.5               +70Kto +75K  unch
May=   5.9825-6.0325     dn 3.5               +70Kto +75K  unch
Jun=   5.8400            dn 3.5               +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.1800-4.2500     dn 1.75-dn 3.75      +41Hto +48H  unch-dn 2
Feb=   4.2400-4.3000     dn 1.75              +47Hto +53H  unch
Mar=   4.2400-4.3200     dn 1.75              +47Hto +55H  unch
Apr=   4.3150-4.3250     dn 1.75-dn 2.75      +46Kto +47K  unch-dn 1
May=   4.3150-4.3250     dn 1.75-dn 2.75      +46Kto +47K  unch-dn 1
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.3600-9.3800     unch-up 1            +20Hto +22H  dn 1-unch
Feb=   9.3400-9.3900     dn 2-up 1            +18Hto +23H  dn 3-unch
Mar=   9.3500-9.4000     up 1                 +19Hto +24H  unch
Apr=   9.4075-9.4575     up 2-up 1            +11Kto +16K  up 1-unch
May    9.4075-9.4575     up 2-up 1            +11Kto +16K  up 1-unch
Jun=   9.5350-9.6050     up 1.75-up 0.75      +11Nto +18N  up 1-unch
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   5.7150-5.8650     dn 3.5               +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.2675-7.4475     dn 3.25-dn 3         +30Hto +40H  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            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

11:30  nd