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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-05-10)

USDA U.S. Department of Agriculture - May 10, 2019


JO_GR112
Portland, OR    Fri  May 10, 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
May=   4.9975-5.0675     dn 4.75-dn 0.75      +75Nto +82N  unch-up 4
Jun=   4.8975-4.9475     dn 4.75-dn 1.75      +65Nto +70N  unch-up 3
Jul=   4.8975-4.9175     dn 4.75              +65Nto +67N  unch
Aug=   4.9875-5.0075     dn 4.75-dn 2.75      +65Uto +67U  unch-up 2
Sep=   4.9875-5.0075     dn 4.75-dn 2.75      +65Uto +67U  unch-up 2
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
May=   3.8850-4.0350     dn 2-dn 4            +46Kto +61K  unch-dn 2
Jun=   3.9275-3.9775     dn 3.5-dn 1.5        +41Nto +46N  dn 2-unch
Jul=   3.9175-3.9775     dn 3.5-dn 1.5        +40Nto +46N  dn 2-unch
Aug=   3.9300-4.0600     dn 2-dn 1            +32Uto +45U  dn 1-unch
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
May=   8.3325-8.4925     dn 3.5               +24Nto +40N  unch
Jun=   8.3725-8.4025     dn 3.5               +28Nto +31N  unch
Jul=   8.3925-8.4225     dn 6.5-dn 3.5        +30Nto +33N  dn 3-unch
Aug=   8.4575-8.4875     dn 5.75-dn 3.75      +30Qto +33Q  dn 2-unch
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    4.7700            dn 10.75             +90N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    6.8225            dn 1.25              +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            Apr 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.37                NA
US 1 HRW Wheat           NA                  5.43
US 2 Yellow Corn         4.10                NA
US 1 Yellow Soybeans     9.10                NA
US 2 Yellow Sorghum      NA                  7.51

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

11:35  nd

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