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Gulf Port Grain

JO_GR112
Portland, OR    Wed  Nov 22, 2017    USDA Market News

***THIS REPORT WILL NOT BE ISSUED THURSDAY OR FRIDAY DUE TO THE HOLIDAY.
THE NEXT ISSUE OF THIS REPORT WILL BE MONDAY NOVEMBER 27***

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
Nov=   4.7675-4.7775     dn 2                 +54Zto +55Z  unch
Dec=   4.8075-4.8275     dn 2-unch            +58Zto +60Z  unch-up 2
Jan=   4.8575            dn 0.5               +45H         unch
Feb=   4.8575            dn 0.5               +45H         unch
Mar=   4.8575            dn 0.5               +45H         unch
Apr=   4.9350-4.9650     up 0.5               +40Kto +43K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Nov=   3.7725-3.8325     up 0.25-dn 0.75      +32Zto +38Z  unch-dn 1
Dec=   3.8325-3.9125     up 0.25              +38Zto +46Z  unch
Jan=   3.9100-3.9600     up 0.75              +34Hto +39H  unch
Feb=   3.9100-3.9900     up 0.75              +34Hto +42H  unch
Mar=   3.9100-3.9900     up 0.75-up 1.75      +34Hto +42H  unch-up 1
Apr=   3.9925-4.0025     up 0.75              +34Kto +35K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Nov=   10.1825-10.2025   up 8.25              +21Fto +23F  unch
Dec=   10.2125-10.3125   up 8.25-up 9.25      +24Fto +34F  unch-up 1
Jan=   10.3125-10.3525   up 8.25-up 9.25      +34Fto +38F  unch-up 1
Feb=   10.3850           up 11.25-up 8.25     +30H         up 3-unch
Mar=   10.3850           up 8.25              +30H         unch
Apr=   10.4325-10.4925   up 8.25              +25Kto +31K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Nov=   4.8100-4.9600     up 0.75              +60Zto +75Z  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Nov=   7.5050-7.7725     up 0.5               +75Zto +90Z  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            Oct 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.81                NA
US 1 HRW Wheat           NA                  4.78
US 2 Yellow Corn         3.77                NA
US 1 Yellow Soybeans     10.05               NA
US 2 Yellow Sorghum      NA                  7.76

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

11:40  nd