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USDA - AMS: Louisiana and Texas Gulf Export Port Bids (2020-08-03)

USDA U.S. Department of Agriculture - August 3, 2020


JO_GR112
Portland, OR    Mon  Aug 03, 2020    USDA Market News

NOTICE:  As Market News transitions reports to the MARS platform and
My Market News, report formats will be converted from a text version
to a more user-friendly and accessible PDF format. In the next few weeks,
this report will move to the new platform and will be accessible at:
https://www.ams.usda.gov/mnreports/AMS_3147.pdf
If you would like to learn more about MARS and My Market News,
please contact us at Websupport.lpgmn@ams.usda.gov.

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

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