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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-01-22)

USDA U.S. Department of Agriculture - January 22, 2019


JO_GR112
Portland, OR    Tue  Jan 22, 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=   6.0325-6.0525     up 3.5               +82Hto +84H  unch
Feb=   6.0325-6.0525     up 3.5               +82Hto +84H  unch
Mar=   6.0525-6.0625     up 3.5-up 1.5        +84Hto +85H  unch-dn 2
Apr=   5.9700-6.0200     up 3.5               +70Kto +75K  unch
May=   5.9700-6.0200     up 3.5               +70Kto +75K  unch
Jun=   5.8275            up 4                 +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.2000-4.2700     dn 2.75              +41Hto +48H  unch
Feb=   4.2600-4.3000     dn 2.75              +47Hto +51H  unch
Mar=   4.2600-4.3200     dn 2.75-dn 1.75      +47Hto +53H  unch-up 1
Apr=   4.3325-4.3425     dn 2.75-dn 3.75      +46Kto +47K  unch-dn 1
May=   4.3325-4.3425     dn 2.75-dn 3.75      +46Kto +47K  unch-dn 1
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.2725-9.3125     dn 5.5-dn 7.5        +18Hto +22H  up 2-unch
Feb=   9.2725-9.3225     dn 5.5-dn 7.5        +18Hto +23H  up 2-unch
Mar=   9.2425-9.3325     dn 8.5-dn 7.5        +15Hto +24H  dn 1-unch
Apr=   9.3275-9.3875     dn 7.25              +10Kto +16K  unch
May    9.3275-9.3875     dn 7.25              +10Kto +16K  unch
Jun=   9.4575-9.5375     dn 6.75              +10Nto +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=   5.6975-5.8475     up 3.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.3025-7.4825     dn 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

11:29  nd

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