JO_GR112
Portland, OR    Fri  Oct 18, 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
Oct=   5.9725-6.0925     up 6.75              +65Zto +77Z  unch
Nov=   6.0925-6.2725     up 6.75              +77Zto +95Z  unch
Dec=   6.0925-6.2725     up 6.75              +77Zto +95Z  unch
Jan=   6.1400-6.2700     up 6.75              +77Hto +90H  unch
Feb=   6.1400-6.2700     up 6.75              +77Hto +90H  unch
Mar=   6.1400-6.2700     up 6.75              +77Hto +90H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   4.2400-4.3000     dn 3.75              +33Zto +39Z  unch
Nov=   4.3300-4.3500     dn 3.75              +42Zto +44Z  unch
Dec=   4.4200-4.4400     dn 3.75              +51Zto +53Z  unch
Jan=   4.4675-4.4775     dn 3.75              +44Hto +45H  unch
Feb=   4.4975-4.5175     dn 3.75              +47Hto +49H  unch
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.6800-9.7100     up 2.5               +34Xto +37X  unch
Nov=   9.7500-9.7900     up 2.5-up 4.5        +41Xto +45X  unch-up 2
Dec=   9.8650-9.8850     up 2.25-dn 1.75      +39Fto +41F  unch-dn 4
Jan=   9.8750-9.9450     up 2.25-up 6.25      +40Fto +47F  unch-up 4
Feb=   9.8525-9.9025     dn 2.75-dn 10.75     +26Hto +31H  dn 5-13
Mar=   NA                                       NA
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Oct=   5.5875-5.6375     up 2.5              +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5175            dn 6.75              +30Z         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            Sep 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.49                NA
US 1 HRW Wheat           NA                  5.16
US 2 Yellow Corn         4.00                NA
US 1 Yellow Soybeans     9.01                NA
US 2 Yellow Sorghum      NA                  6.79

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

11:53  nd