Gulf Port Grain

JO_GR112
Portland, OR    Fri  Jun 22, 2018    USDA Market News

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
Jun=   5.4925-5.5425     dn 4                 +58Nto +63N  unch
Jul=   5.5025-5.5925     dn 4                 +59Nto +68N  unch
Aug=   5.5225-5.5925     dn 2.5               +48Uto +55U  unch
Sep=   5.5425-5.5925     dn 2.5               +50Uto +55U  unch
Oct=   5.7650-5.8150     dn 1.5               +55Zto +60Z  unch
Nov=   5.7650-5.8150     dn 1.5               +55Zto +60Z  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jun=   4.1125-4.1425     up 0.25-up 1.25      +54Nto +57N  unch-up 1
Jul=   4.1225-4.1625     up 0.25-up 1.25      +55Nto +59N  unch-up 1
Aug=   4.1650-4.2050     unch-up 3            +50Uto +54U  unch-up 3
Sep=   4.2150-4.2350     unch-up 1            +55Uto +57U  unch-up 1
Oct=   4.2800-4.3300     dn 0.25              +50Zto +55Z  unch
Nov=   4.3100-4.3300     dn 0.25              +53Zto +55Z  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jun=   9.4550-9.5150     up 14-up 17          +51Nto +57N  unch-up 3
Jul=   9.4550-9.5150     up 14-up 17          +51Nto +57N  unch-up 3
Aug=   9.5500-9.5800     up 14.5-up 16.5      +55Qto +58Q  unch-up 2
Sep=   9.6425-9.6525     up 15.75-up 14.75    +48Xto +49X  up 1-unch
Oct=   9.6725-9.6925     up 14.75-up 16.75    +51Xto +53X  unch-up 2
Nov=   9.6725-9.7425     up 14.75-up 15.75    +51Xto +58X  unch-up 1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jun=   5.9375            dn 4.5              +105N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   7.3750-7.4650     dn 0.5-dn 0.25       +35Zto +40Z  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            May 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.71                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.55                NA
US 1 Yellow Soybeans     10.75               NA
US 2 Yellow Sorghum      NA                  NA

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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