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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-03-14)

USDA U.S. Department of Agriculture - March 14, 2019


JO_GR112
Portland, OR    Thu  Mar 14, 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
Mar=   5.3975-5.4575     up 7.5-up 10.5       +87Kto +93K  up 2-5
Apr=   5.3775-5.3975     up 5.5-up 7.5        +85Kto +87K  unch-up 2
May=   5.3575-5.3975     up 3.5-up 7.5        +83Kto +87K  dn 2-up 2
Jun=   5.2475-5.3175     up 4.5               +65Nto +72N  unch
Jul=   5.2475-5.3175     up 4.5               +65Nto +72N  unch
Aug=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Mar=   4.1725-4.2625     up 3.75-up 6.75      +47Kto +56K  unch-up 3
Apr=   4.1625-4.2425     up 3.75-up 4.75      +46Kto +54K  unch-up 1
May=   4.1625-4.2425     up 3.75-up 4.75      +46Kto +54K  unch-up 1
Jun=   4.2450-4.2550     up 3.25-up 4.25      +45Nto +46N  unch-up 1
Jul=   4.2450-4.2550     up 3.25-up 4.25      +45Nto +46N  unch-up 1
Aug=   4.2825-4.2925     up 2.75              +42Uto +43U  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Mar=   9.1950-9.4250     up 0.5-dn 1.5        +21Kto +44K  up 3-1
Apr=   9.1750-9.3750     dn 2.5               +19Kto +39K  unch
May    9.2150-9.3750     dn 2.5               +23Kto +39K  unch
Jun=   9.3125-9.5025     dn 2.5-dn 0.5        +19Nto +38N  unch-up 2
Jul=   9.3525-9.5025     dn 2.5-dn 0.5        +23Nto +38N  unch-up 2
Aug=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Mar=   5.4850-5.6650     dn 0.25             +112Kto +130K unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   7.6825            up 6.75              +60K         unch
NC=    7.2150            up 3.25              +10Z         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            Feb 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.90                NA
US 1 HRW Wheat           NA                  5.95
US 2 Yellow Corn         4.31                NA
US 1 Yellow Soybeans     9.42                NA
US 2 Yellow Sorghum      NA                  7.73

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

11:32  nd

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