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USDA-JO: Louisiana and Texas Gulf Export Port Bids

Portland, OR - Fri Nov 10, 2017 - 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=   4.8650-4.8950     up 3.5-up 5.5        +55Zto +58Z  up 1-3
Dec=   4.8950-4.9150     up 2.5-up 4.5        +58Zto +60Z  unch-up 2
Jan=   4.9400            up 4                 +45H         unch
Feb=   4.9400            up 4                 +45H         unch
Mar=   4.9400            up 4                 +45H         unch
Apr=   5.0000-5.0300     up 4                 +40Kto +43K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   3.7550-3.8050     up 2-up 3            +32Zto +37Z  unch-up 1
Dec=   3.8150-3.8850     up 2-up 3            +38Zto +45Z  unch-up 1
Jan=   3.9075-3.9575     up 2-up 6            +34Hto +39H  unch-up 4
Feb=   3.9075-3.9675     up 2-up 4            +34Hto +40H  unch-up 2
Mar=   3.9075-3.9775     up 2-up 5            +34Hto +41H  unch-up 3
Apr=   3.9925-4.0025     up 1.75              +34Kto +35K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   9.9225-10.1025    up 2-up 4            +15Xto +33X  unch-up 2
Dec=   10.1100-10.2700   up 2-up 4            +24Fto +40F  unch-up 2
Jan=   10.2100-10.2800   up 2-up 4            +34Fto +41F  unch-up 2
Feb=   10.2800-10.3000   up 2-up 4            +30Hto +32H  unch-up 2
Mar=   10.2800           up 2                 +30H         unch
Apr=   10.3200-10.3800   up 7-up 2            +25Kto +31K  up 5-unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Nov=   4.9325-5.0825     up 4.25              +60Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.4725-7.7400     up 3.5               +75Zto +90Z  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 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.81                NA
US 1 HRW Wheat           NA                  4.78
US 2 Yellow Corn         3.77                NA
US 1 Yellow Soybeans     10.05               NA
US 2 Yellow Sorghum      NA                  7.76

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

11:45  nd

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