USDA U.S. Department of Agriculture - August 3, 2020
JO_GR112
Portland, OR Mon Aug 03, 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 lower, yellow corn were
higher, 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 higher.
Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Aug= 5.7875-5.8375 +60U to +65U
Sep= 5.8375-5.8875 +65U to +70U
Oct= 5.9225-6.0725 +65Z to +80Z
Nov 5.9225-6.0225 +65Z to +75Z
Dec 5.9225-6.0225 +65Z to +75Z
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Aug= 3.7025-3.7425 +53U to +57U
Sep= 3.7425-3.7725 +57U to +60U
Oct= 3.8200-3.8300 +54Z to +55Z
Nov 3.8500-3.8600 +57Z to +58Z
Dec 3.8700-3.8800 +59Z to +60Z
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Aug= 9.6600-9.6800 +71Q to +73Q
Sep= 9.6775-9.6975 +73X to +75X
Oct= 9.6675-9.6875 +72X to +74X
Nov 9.6875-9.7075 +74X to +76X
Dec 9.6525-9.7025 +65F to +70F
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Aug= NA NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Basis
Aug= NA NA
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Aug= 7.9100-8.5350 +115Z to +150Z
_
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
Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov
www.ams.usda.gov/mnreports/jo_gr112.txt
www.ams.usda.gov/lpsmarketnewspage
8:47 nd