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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2019-08-15)

USDA U.S. Department of Agriculture - August 15, 2019


JO_GR112
Portland, OR    Thu  Aug 15, 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 lower, yellow corn mixed,
soybeans were lower and yellow sorghum was not available. Texas cash bids
for hard red winter wheat trended higher and bids for yellow sorghum
trended higher.

Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                           Basis
Aug=    5.3075-5.3575                +60U  to +65U
Sep=    5.4275-5.4575                +72U  to +75U
Oct=    5.4900-5.5100                +73Z  to +75Z
Nov=    5.4900-5.5100                +73Z  to +75Z
Dec=    5.4900-5.5100                +73Z  to +75Z
Jan=    5.5275                       +70H
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids                           Basis
Aug=    3.9275-4.0375                +33U  to +44U
Sep=    3.9275-4.0975                +33U  to +50U
Oct=    4.0050-4.1650                +30Z  to +46Z
Nov=    4.1050-4.2050                +40Z  to +50Z
Dec=    4.1850-4.2150                +48Z  to +51Z
Jan=    NA                             NA
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids                           Basis
Aug=    9.0650-9.1350                +33X  to +40X
Sep=    8.9850-9.0150                +25X  to +28X
Oct=    8.9950-9.0250                +26X  to +29X
Nov=    9.0850-9.1350                +35X  to +40X
Dec=    9.1900-9.2000                +32F  to +33F
Jan=    NA                             NA
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                           Basis
Aug=    4.7275-4.9075                +85U  to +103U
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids                           Basis
Aug=    6.0800-6.2600                -30Z  to -20Z
_
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 forJuly 2019
                          Louisiana Texas
US 2 SRW Wheat            5.55      NA
US 1 HRW Wheat            NA        5.34
US 2 Yellow Corn          4.81      NA
US 1 Yellow Soybeans      9.44      NA
US 2 Yellow Sorghum       NA        7.23

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

8:44    nd

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