USDA U.S. Department of Agriculture - December 31, 2018
JO_GR112
Portland, OR Mon Dec 31, 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, dollars per bushel, except sorghum per cwt.
Bids as of 11:30 Central time; Subject to change.
In early trading bids were not fully established but were indicated as
follows for Louisiana: soft red winter wheat lower, yellow corn lower,
soybeans were lower and yellow sorghum was not available. Texas cash bids
were lower for hard red winter wheat and lower for yellow sorghum.
Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Dec= 5.6925-5.8225 +65H to +78H
Jan= 5.6925-5.8425 +65H to +80H
Feb= 5.6925-5.8725 +65H to +83H
Mar= 5.6925-5.9025 +65H to +86H
Apr= 5.7125-5.8125 +60K to +70K
May= 5.7125-5.8125 +60K to +70K
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Dec= 4.0825-4.2125 +35H to +48H
Jan= 4.1325-4.2025 +40H to +47H
Feb= 4.2025-4.2125 +47H to +48H
Mar= 4.2025-4.2325 +47H to +50H
Apr= 4.2525-4.2725 +44K to +46K
May= 4.2525-4.2725 +44K to +46K
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Dec= 9.0025-9.1025 +20F to +30F
Jan= 9.0125-9.1425 +21F to +34F
Feb= 9.1300-9.1600 +20H to +23H
Mar= 9.1300-9.1700 +20H to +24H
Apr= 9.2100-9.2200 +15K to +16K
May 9.2100-9.2400 +15K to +18K
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Dec= NA NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Basis
Dec= 5.4800-5.6300 +60H to +75H
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Dec= 7.2000-7.3800 +30H to +40H
_
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 for 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
8:54 nd
