JO_GR112
Portland, OR    Mon  Jan 28, 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=   6.0075-6.0275     dn 1.25-dn 3.25      +82Hto +84H  unch-dn 2
Feb=   6.0075-6.0375     dn 1.25              +82Hto +85H  unch
Mar=   6.0275-6.0375     dn 1.25              +84Hto +85H  unch
Apr=   5.9550-6.0050     dn 1.5               +70Kto +75K  unch
May=   5.9550-6.0050     dn 1.5               +70Kto +75K  unch
Jun=   5.8125-5.8625     dn 1.75-up 3.25      +50Nto +55N  unch-up 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.2675-4.3675     up 5.5-up 6.5        +47Hto +57H  up 6-7
Feb=   4.2675-4.3675     dn 0.5-up 2.5        +47Hto +57H  unch-up 3
Mar=   4.2675-4.3375     dn 0.5-dn 1.5        +47Hto +54H  unch-dn 1
Apr=   4.3325-4.3425     dn 1.5-dn 3.5        +45Kto +46K  dn 1-3
May=   4.3325-4.3425     dn 1.5-dn 3.5        +45Kto +46K  dn 1-3
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.4425-9.5325     dn 2-up 6            +21Hto +30H  unch-up 8
Feb=   9.4525-9.4825     up 2-unch            +22Hto +25H  up 4-2
Mar=   9.4325-9.4725     unch-dn 2            +20Hto +24H  up 2-unch
Apr=   9.5000-9.5300     dn 1-dn 2            +13Kto +16K  up 1-unch
May    9.5000-9.5300     dn 1-dn 2            +13Kto +16K  up 1-unch
Jun=   9.6275-9.6775     dn 1-dn 2            +13Nto +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=   5.6675-5.8175     dn 2.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.3175-7.4950     dn 0.75-dn 1         +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

11:45  nd