JO_GR112
Portland, OR    Fri  Dec 28, 2018    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=   5.7650-5.8950     up 1-dn 1            +65Hto +78H  unch-dn 2
Jan=   5.7650-5.9150     up 1-unch            +65Hto +80H  unch-dn 1
Feb=   5.7650-5.9450     up 1-up 2            +65Hto +83H  unch-up 1
Mar=   5.7650-5.9750     up 1-up 5            +65Hto +86H  unch-up 4
Apr=   5.7875-5.8875     up 1-up 6            +60Kto +70K  unch-up 5
May=   5.7875-5.8875     up 1-up 6            +60Kto +70K  unch-up 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.1050-4.2350     dn 4-up 1            +35Hto +48H  dn 5-unch
Jan=   4.1550-4.2250     dn 2-up 1            +40Hto +47H  dn 3-unch
Feb=   4.2250-4.2350     up 1                 +47Hto +48H  unch
Mar=   4.2250-4.2550     up 1-up 2            +47Hto +50H  unch-up 1
Apr=   4.2725-4.2925     up 1                 +44Kto +46K  unch
May=   4.2725-4.2925     up 1                 +44Kto +46K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.0275-9.1275     up 13.75-up 15.75    +20Fto +30F  unch-up 2
Jan=   9.0375-9.1675     up 9.75-up 12.75     +21Fto +34F  dn 4-1
Feb=   9.1550-9.1850     up 13-up 14          +20Hto +23H  unch-up 1
Mar=   9.1550-9.1950     up 13-up 12          +20Hto +24H  unch-dn 1
Apr=   9.2325-9.2425     up 11.75-up 10.75    +15Kto +16K  dn 1-2
May    9.2325-9.2625     up 11.75-up 12.75    +15Kto +18K  dn 1-unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.5600-5.7100     up 1                 +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.2400-7.4200     up 1.75              +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            Nov 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.75                NA
US 1 HRW Wheat           NA                  5.54
US 2 Yellow Corn         4.08                NA
US 1 Yellow Soybeans     8.99                NA
US 2 Yellow Sorghum      NA                  7.15

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

11:38  nd