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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-01-16)

USDA U.S. Department of Agriculture - January 16, 2019


JO_GR112
Portland, OR    Wed  Jan 16, 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, 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
Jan=   5.9450-5.9650     up 1.5               +82Hto +84H  unch
Feb=   5.9450-5.9750     up 1.5               +82Hto +85H  unch
Mar=   5.9650-5.9950     up 1.5               +84Hto +87H  unch
Apr=   5.8800-5.9300     up 7-up 2            +70Kto +75K  up 5-unch
May=   5.8800-5.9300     up 7-up 2            +70Kto +75K  up 5-unch
Jun=   5.7300            up 2.5               +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.1500-4.2100     up 7.75-up 2.75      +41Hto +47H  up 5-unch
Feb=   4.2100-4.2300     up 2.75              +47Hto +49H  unch
Mar=   4.2100-4.2600     up 2.75-up 3.75      +47Hto +52H  unch-up 1
Apr=   4.2825-4.2925     up 2.5               +46Kto +47K  unch
May=   4.2825-4.2925     up 2.5               +46Kto +47K  unch
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.1250-9.1650     up 0.25-up 1.25      +18Hto +22H  dn 1-unch
Feb=   9.1350-9.1750     up 0.25-up 1.25      +19Hto +23H  dn 1-unch
Mar=   9.1450-9.1850     up 2.25-up 1.25      +20Hto +24H  up 1-unch
Apr=   9.2200-9.2400     up 1.25              +14Kto +16K  unch
May    9.2200-9.2400     up 1.25              +14Kto +16K  unch
Jun=   9.3475-9.3875     up 1                 +14Nto +18N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   5.5550-5.7050     unch                 +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.2150-7.3925     up 5                 +30Hto +40H  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            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

11:40  nd

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