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USDA-JO: Louisiana and Texas Gulf Export Port Bids

Portland, OR - Thu May 17, 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
May=   5.4750-5.5050     up 3.25-dn 0.75      +50Nto +53N  unch-dn 4
Jun=   5.4750-5.5350     up 3.25-up 2.25      +50Nto +56N  unch-dn 1
Jul=   5.4750-5.5550     up 3.25              +50Nto +58N  unch
Aug=   5.5850            up 3.25              +45U         unch
Sep=   5.5850            up 3.25              +45U         unch
Oct=   5.8975            up 3                 +55Z         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
May=   4.4825-4.4925     dn 4                 +53Nto +54N  unch
Jun=   4.4625-4.4925     dn 4                 +51Nto +54N  unch
Jul=   4.4625-4.5025     dn 4                 +51Nto +55N  unch
Aug=   4.5050-4.5350     dn 5-dn 4            +47Uto +50U  dn 1-unch
Sep=   4.5350            dn 4-dn 5            +50U         unch-dn 1
Oct=   4.6300            dn 4                 +50Z         unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
May=   10.4500-10.4700   dn 4.75-dn 7.75      +50Nto +52N  unch-dn 3
Jun=   10.4400           dn 4.75-dn 5.75      +49N         unch-dn 1
Jul=   10.4400-10.4500   dn 4.75-dn 5.75      +49Nto +50N  unch-dn 1
Aug=   10.4875-10.5375   dn 8.5-dn 4.5        +50Qto +55Q  dn 4-unch
Sep=   10.5125-10.5325   dn 4.75              +47Xto +49X  unch
Oct=   10.5325-10.5425   dn 4.75              +49Xto +50X  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    5.7900-6.0900     up 5                 +60Nto +90N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    6.6600-7.2850     dn 7.25              -40Zto -5Z   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            Apr 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.41                NA
US 1 HRW Wheat           NA                  5.81
US 2 Yellow Corn         4.46                NA
US 1 Yellow Soybeans     10.96               NA
US 2 Yellow Sorghum      NA                  8.10

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

11:58  nd

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