Gulf Port Grain

JO_GR112
Portland, OR    Fri  Feb 15, 2019    USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY FEBRUARY 18 DUE TO THE HOLIDAY***

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
Feb=   5.9225-5.9425     dn 2.75              +88Hto +90H  unch
Mar=   5.9425-5.9525     dn 2.75              +90Hto +91H  unch
Apr=   5.8200-5.9200     dn 3.5               +75Kto +85K  unch
May=   5.8200-5.9200     dn 3.5               +75Kto +85K  unch
Jun=   5.6425            dn 4                 +55N         unch
Jul=   5.6425            dn 4                 +55N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.2175-4.4075     unch-up 1            +47Hto +66H  unch-up 1
Mar=   4.2175-4.3775     unch                 +47Hto +63H  unch
Apr=   4.2875-4.3375     dn 0.25-dn 1.25      +46Kto +51K  unch-dn 1
May=   4.2875-4.3375     dn 0.25-dn 1.25      +46Kto +51K  unch-dn 1
Jun=   NA                                       NA
Jul=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.2950-9.4750     up 4-up 10           +22Hto +40H  unch-up 6
Mar=   9.2750-9.4550     up 4-up 8            +20Hto +38H  unch-up 4
Apr=   9.3750-9.4850     up 3.75-up 6.75      +16Kto +27K  unch-up 3
May    9.3750-9.4850     up 3.75-up 6.75      +16Kto +27K  unch-up 3
Jun=   9.5400-9.6200     up 3.75-up 6.75      +19Nto +27N  unch-up 3
Jul=   9.5800-9.6200     up 3.75-up 6.75      +23Nto +27N  unch-up 3
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Feb=   5.9650-6.0650     dn 5                +120Hto +130H unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   7.7625-7.8525     unch                 +60Hto +65H  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            Jan 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.99                NA
US 1 HRW Wheat           NA                  5.71
US 2 Yellow Corn         4.24                NA
US 1 Yellow Soybeans     9.36                NA
US 2 Yellow Sorghum      NA                  7.39

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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