JO_GR112
Portland, OR    Fri  Dec 13, 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
Dec=   6.3925-6.4925     unch                +100Zto +110Z unch
Jan=   6.3250-6.3750     up 2.25             +100Hto +105H unch
Feb=   6.3250-6.3750     up 2.25             +100Hto +105H unch
Mar=   6.3250-6.3750     up 2.25             +100Hto +105H unch
Apr=   6.3475-6.3975     up 1.75             +100Kto +105K unch
May=   6.3475-6.3975     up 1.75             +100Kto +105K unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.1800-4.2300     up 3.25-up 1.25      +37Hto +42H  unch-dn 2
Jan=   4.2500-4.3200     up 3.25-up 0.25      +44Hto +51H  unch-dn 3
Feb=   4.2800-4.3800     up 3.25              +47Hto +57H  unch
Mar=   4.3800            up 3.25-up 2.25      +57H         unch-dn 1
Apr=   4.4000-4.4200     up 1.75-up 2.75      +52Kto +54K  dn 2-1
May=   4.4000-4.4200     up 1.75-up 2.75      +52Kto +54K  dn 2-1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.6450-9.6650     up 7.25-up 9.25      +57Fto +59F  dn 2-unch
Jan=   9.6650            up 9.25              +59F         unch
Feb=   9.6350-9.6550     up 9-up 10           +42Hto +44H  unch-up 1
Mar=   9.6650-9.6850     up 9-up 11           +45Hto +47H  unch-up 2
Apr=   9.7325-9.7525     up 9.25              +38Kto +40K  unch
May=   9.7525-9.7825     up 9.25              +40Kto +43K  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
Dec=   5.6775-5.7275     up 15.25            +125Hto +130H no comp
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.3400-7.6975     up 25                +30Hto +50H  no comp
_
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            Nov 2019
                         Louisiana           Texas
US 2 SRW Wheat           6.08                NA
US 1 HRW Wheat           NA                  5.53
US 2 Yellow Corn         4.23                NA
US 1 Yellow Soybeans     9.55                NA
US 2 Yellow Sorghum      NA                  7.34

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