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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-01-02)

USDA U.S. Department of Agriculture - January 2, 2019


JO_GR112
Portland, OR    Wed  Jan 02, 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=   5.8675            up 3.5               +80H         unch
Feb=   5.8675-5.8875     up 3.5-up 2.5        +80Hto +82H  unch-dn 1
Mar=   5.8675-5.9075     up 3.5-up 1.5        +80Hto +84H  unch-dn 2
Apr=   5.7800-5.8300     up 2.5               +65Kto +70K  unch
May=   5.7800-5.8300     up 2.5               +65Kto +70K  unch
Jun=   5.7025            no comp              +50N         no comp
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.1575-4.2275     up 0.75              +40Hto +47H  unch
Feb=   4.2275-4.2375     up 0.75              +47Hto +48H  unch
Mar=   4.2275-4.2575     up 0.75              +47Hto +50H  unch
Apr=   4.2750-4.2950     up 0.5               +44Kto +46K  unch
May=   4.2750-4.2950     up 0.5               +44Kto +46K  unch
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.2800-9.3200     up 24.5-up 15.5      +21Hto +25H  no comp
Feb=   9.2700-9.3000     up 12                +20Hto +23H  unch
Mar=   9.2700-9.3100     up 12                +20Hto +24H  unch
Apr=   9.3450-9.3550     up 11.75             +15Kto +16K  unch
May    9.3450-9.3750     up 11.75             +15Kto +18K  unch
Jun=   9.4625-9.4925     no comp              +15Nto +18N  no comp
_
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=   5.5250-5.6750     up 3.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.2450-7.4250     up 1.25-up 1.5       +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

11:41  nd

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