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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-02-06)

USDA U.S. Department of Agriculture - February 6, 2019


JO_GR112
Portland, OR    Wed  Feb 06, 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 mixed,
soybeans were higher and yellow sorghum was not available. Texas cash bids
were higher 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
Feb=    6.1750-6.2150                +88H  to +92H
Mar=    6.1950-6.2350                +90H  to +94H
Apr=    6.0625-6.1325                +75K  to +82K
May=    6.0625-6.1325                +75K  to +82K
Jun=    5.8850-5.9150                +55N  to +58N
Jul=    5.8850-5.9150                +55N  to +58N
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids                           Basis
Feb=    4.2725-4.4025                +47H  to +60H
Mar=    4.2725-4.3925                +47H  to +59H
Apr=    4.3425-4.3825                +46K  to +50K
May=    4.3425-4.3825                +46K  to +50K
Jun=    NA                             NA
Jul=    NA                             NA
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids                           Basis
Feb=    9.4300-9.5100                +22H  to +30H
Mar=    9.4100-9.5100                +20H  to +30H
Apr=    9.5125-9.5725                +16K  to +22K
May     9.5125-9.5825                +16K  to +23K
Jun=    9.6750-9.7050                +19N  to +22N
Jul=    9.7050-9.7150                +22N  to +23N
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
Feb=    NA                             NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                           Basis
Feb=    5.8675-6.3175                +75H  to +120H
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
Feb=    7.3250-7.9500                +30H  to +65H
_
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 Jan 2019
                          Louisiana Texas
US 2 SRW Wheat            5.99      NA
US 1 HRW Wheat            NA        5.71
US 2 Yellow Corn          4.24      NA
US 1 Yellow Soybeans      9.36      NA
US 2 Yellow Sorghum       NA        7.39

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

8:43    nd

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