USDA U.S. Department of Agriculture - July 21, 2020
JO_GR112
Portland, OR Tue Jul 21, 2020 USDA Market News
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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 were higher, yellow corn were
lower, soybeans were lower and yellow sorghum were not available. Texas
cash bids for hard red winter wheat were not available and bids for yellow
sorghum were lower.
Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Jul= 5.8925 +60U
Aug= 5.8925-5.9425 +60U to +65U
Sep= 5.8925-5.9925 +60U to +70U
Oct= 5.9500-6.1500 +60Z to +80Z
Nov 5.9500-6.1000 +60Z to +75Z
Dec 5.9500-6.1000 +60Z to +75Z
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Jul= 3.7900-3.8600 +56U to +63U
Aug= 3.8100-3.8600 +58U to +63U
Sep= 3.8400-3.8700 +61U to +64U
Oct= 3.8400-3.8900 +53Z to +58Z
Nov 3.8900-3.9000 +58Z to +59Z
Dec 3.9100 +60Z
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Jul= 9.6000-9.6300 +63Q to +66Q
Aug= 9.6300-9.6600 +66Q to +69Q
Sep= 9.6350-9.6450 +70X to +71X
Oct NC= 9.5850-9.6450 +65X to +71X
Nov 9.6350-9.6750 +70X to +74X
Dec 9.6125-9.6325 +63F to +65F
_
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
NC= NA NA
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Jul NC= 7.7850-8.4100 +105Z to +140Z
Aug 7.7850-8.4100 +105Z to +140Z
_
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 Jun 2020
Louisiana Texas
US 2 SRW Wheat 5.46 NA
US 1 HRW Wheat NA 5.40
US 2 Yellow Corn 3.76 NA
US 1 Yellow Soybeans 9.26 NA
US 2 Yellow Sorghum NA 7.75
Source: USDA Market News Service, Portland, OR
Brian Personius 503-535-5001 Portland.LPGMN@ams.usda.gov
www.ams.usda.gov/mnreports/jo_gr112.txt
www.ams.usda.gov/lpsmarketnewspage
10:39 bp
