Gulf Port Grain

JO_GR112
Portland, OR    Fri  Aug 14, 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, 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
Aug=   5.5000-5.5200     up 3.25              +50Uto +52U  unch
Sep=   5.6000-5.6300     up 3.25              +60Uto +63U  unch
Oct=   5.7450-5.7950     up 3                 +65Zto +70Z  unch
Nov=   5.7450-5.7950     up 3                 +65Zto +70Z  unch
Dec=   5.7450-5.8450     up 3                 +65Zto +75Z  unch
Jan=   5.8125-5.9125     up 2.75              +65Hto +75H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Aug=   3.7850-3.8150     up 3.25-dn 0.75      +54Uto +57U  up 4-unch
Sep=   3.8150-3.8250     up 3.25-dn 0.75      +57Uto +58U  up 4-unch
Oct=   3.8900-3.9000     up 2.25-dn 0.75      +51Zto +52Z  up 3-unch
Nov=   3.9400-3.9600     up 5.25-dn 0.75      +56Zto +58Z  up 6-unch
Dec=   3.9400-3.9800     dn 0.75              +56Zto +60Z  unch
Jan=   4.0425-4.0625     dn 0.5               +55Hto +57H  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Aug=   9.7550-9.8050     dn 3.75              +72Qto +77Q  unch
Sep=   9.7175-9.7275     dn 0.75              +73Xto +74X  unch
Oct=   9.6975-9.7375     dn 0.75              +71Xto +75X  unch
Nov=   9.7475-9.7675     dn 0.75              +76Xto +78X  unch
Dec=   9.7175-9.7375     dn 0.75              +68Fto +70F  unch
Jan=   9.7175-9.7375     dn 0.75              +68Fto +70F  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Aug=   NA                                       NA
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   9.1600            up 43.25-dn 1.5     +175Z         up 25-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            Jul 2020
                         Louisiana           Texas
US 2 SRW Wheat           5.79                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         3.88                NA
US 1 Yellow Soybeans     9.60                NA
US 2 Yellow Sorghum      NA                  7.93

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

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