JO_GR112
Portland, OR    Thu  Nov 21, 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
Nov=   6.0400-6.0900     dn 6.5-dn 1.5        +95Zto +100Z unch-up 5
Dec=   6.0900-6.1400     dn 1.5              +100Zto +105Z up 5
Jan=   6.1200-6.1700     up 3.25-dn 1.75     +100Hto +105H up 10-5
Feb=   6.1200-6.1700     up 3.25-dn 1.75     +100Hto +105H up 10-5
Mar=   6.1200-6.1700     up 3.25-dn 1.75     +100Hto +105H up 10-5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   4.1050-4.2050     up 1.75-dn 1.25      +42Zto +52Z  unch-dn 3
Dec=   4.1950-4.2550     up 1.75-up 3.75      +51Zto +57Z  unch-up 2
Jan=   4.2300-4.3600     up 1.75-up 13.75     +44Hto +57H  unch-up 12
Feb=   4.2600-4.3700     up 1.75-up 4.75      +47Hto +58H  unch-up 3
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   9.5100-9.5300     no comp              +50Fto +52F  no comp
Dec=   9.5100-9.5300     no comp              +50Fto +52F  no comp
Jan=   9.5300            no comp              +52F         no comp
Feb=   NA                                       NA
Mar=   NA                                       NA
Apr=   9.6550-9.6650     no comp              +37Kto +38K  no comp
_
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
Nov=   5.4600-5.5100     dn 5                +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.1150-7.4725     up 3                 +30Zto +50Z  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            Oct 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.79                NA
US 1 HRW Wheat           NA                  5.43
US 2 Yellow Corn         4.25                NA
US 1 Yellow Soybeans     9.59                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

11:28  nd