JO_GR112
Portland, OR    Fri  Jan 25, 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=   6.0200-6.0600     dn 1.5-dn 0.5        +82Hto +86H  unch-up 1
Feb=   6.0200-6.0500     dn 1.5               +82Hto +85H  unch
Mar=   6.0400-6.0500     dn 1.5               +84Hto +85H  unch
Apr=   5.9700-6.0200     dn 1.25              +70Kto +75K  unch
May=   5.9700-6.0200     dn 1.25              +70Kto +75K  unch
Jun=   5.8300            dn 1                 +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.2125-4.3025     up 3.25-up 5.25      +41Hto +50H  unch-up 2
Feb=   4.2725-4.3425     up 3.25-up 4.25      +47Hto +54H  unch-up 1
Mar=   4.2725-4.3525     up 3.25              +47Hto +55H  unch
Apr=   4.3475-4.3775     up 3.25-up 5.25      +46Kto +49K  unch-up 2
May=   4.3475-4.3775     up 3.25-up 5.25      +46Kto +49K  unch-up 2
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.4625-9.4725     up 10.25-up 9.25     +21Hto +22H  up 1-unch
Feb=   9.4325-9.4825     up 9.25              +18Hto +23H  unch
Mar=   9.4325-9.4925     up 8.25-up 9.25      +18Hto +24H  dn 1-unch
Apr=   9.5100-9.5500     up 10.25-up 9.25     +12Kto +16K  up 1-unch
May    9.5100-9.5500     up 10.25-up 9.25     +12Kto +16K  up 1-unch
Jun=   9.6375-9.6975     up 10.25-up 9.25     +12Nto +18N  up 1-unch
_
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=   5.6950-5.8450     dn 2                 +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.3250-7.5050     up 5.75              +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

11:32  nd