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USDA-JO: Louisiana and Texas Gulf Export Port Bids

Portland, OR - Tue Nov 14, 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=   4.8300-4.8400     up 3.75-up 1.75      +55Zto +56Z  unch-dn 2
Dec=   4.8600-4.8800     up 3.75              +58Zto +60Z  unch
Jan=   4.9025            up 2                 +45H         unch
Feb=   4.9025            up 2                 +45H         unch
Mar=   4.9025            up 2                 +45H         unch
Apr=   4.9675-4.9975     up 1.75              +40Kto +43K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   3.6950-3.7550     dn 4.75-dn 3.75      +32Zto +38Z  unch-up 1
Dec=   3.7550-3.8250     dn 4.75-dn 5.75      +38Zto +45Z  unch-dn 1
Jan=   3.8450-3.8750     dn 4.5-dn 6.5        +34Hto +37H  unch-dn 2
Feb=   3.8450-3.9050     dn 4.5               +34Hto +40H  unch
Mar=   3.8450-3.9050     dn 4.5-dn 5.5        +34Hto +40H  unch-dn 1
Apr=   3.9300-3.9400     dn 4.5               +34Kto +35K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   9.8200-9.9300     dn 4.5-dn 5.5        +23Xto +34X  unch-dn 1
Dec=   9.9175-10.0875    dn 6.5               +24Fto +41F  unch
Jan=   10.0175-10.0875   dn 6.5-dn 7.5        +34Fto +41F  unch-dn 1
Feb=   10.0875-10.1275   dn 6.75-dn 5.75      +30Hto +34H  unch-up 1
Mar=   10.0875-10.1175   dn 6.75              +30Hto +33H  unch
Apr=   10.1325-10.1925   dn 6.5               +25Kto +31K  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=   4.8800-5.0300     up 0.5               +60Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.3650-7.6350     dn 8.5-dn 8.25       +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

11:36  nd

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