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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-01-04)

USDA U.S. Department of Agriculture - January 4, 2019


JO_GR112
Portland, OR    Fri  Jan 04, 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, 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 higher, yellow corn higher,
soybeans were higher and yellow sorghum was not available. Texas cash bids
were higher for hard red winter wheat and higher for yellow sorghum.


Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                           Basis
Jan=    5.9825-6.0125                +80H  to +83H
Feb=    5.9825-6.0025                +80H  to +82H
Mar=    5.9825-6.0225                +80H  to +84H
Apr=    5.8925-5.9425                +65K  to +70K
May=    5.8925-5.9425                +65K  to +70K
Jun=    5.8125                       +50N
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids                           Basis
Jan=    4.2075-4.2975                +38H  to +47H
Feb=    4.2975-4.3075                +47H  to +48H
Mar=    4.2975-4.3375                +47H  to +51H
Apr=    4.3450-4.3650                +44K  to +46K
May=    4.3450-4.3650                +44K  to +46K
Jun=    NA                             NA
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids                           Basis
Jan=    9.3950-9.4450                +20H  to +25H
Feb=    9.3950-9.4250                +20H  to +23H
Mar=    9.3950-9.4350                +20H  to +24H
Apr=    9.4750-9.4850                +15K  to +16K
May     9.4750-9.5050                +15K  to +18K
Jun=    9.5900-9.6200                +15N  to +18N
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
Jan=    NA                             NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                           Basis
Jan=    5.6750-5.8250                +60H  to +75H
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
Jan=    7.3700-7.5500                +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 Dec 2018
                          Louisiana Texas
US 2 SRW Wheat            5.93      NA
US 1 HRW Wheat            NA        5.74
US 2 Yellow Corn          4.25      NA
US 1 Yellow Soybeans      9.20      NA
US 2 Yellow Sorghum       NA        7.43

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

8:46    nd

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