Gulf Port Grain

JO_GR112
Portland, OR    Fri  Feb 23, 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
Feb=   5.1225-5.1725     up 1                 +60Hto +65H  unch
Mar=   5.1225-5.1725     up 1                 +60Hto +65H  unch
Apr=   5.1425-5.1625     unch                 +50Kto +52K  unch
May=   5.1425-5.1725     unch                 +50Kto +53K  unch
Jun=   5.1900-5.2100     unch                 +40Nto +42N  unch
Jul=   5.1900-5.2100     unch                 +40Nto +42N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.1225-4.2125     dn 0.5               +46Hto +55H  unch
Mar=   4.1125-4.1925     dn 0.5               +45Hto +53H  unch
Apr=   4.1650-4.2350     dn 0.25              +42Kto +49K  unch
May=   4.1450-4.2350     dn 0.25              +40Kto +49K  unch
Jun=   4.1425-4.2225     dn 0.25              +32Nto +40N  unch
Jul=   4.1525-4.2225     dn 0.25              +33Nto +40N  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   10.7125-10.7225   up 4.25              +35Hto +36H  unch
Mar=   10.7125-10.7225   up 4.25              +35Hto +36H  unch
Apr=   10.7550-10.7850   up 4.25              +28Kto +31K  unch
May=   10.7650-10.8250   up 4.25              +29Kto +35K  unch
Jun=   10.8500-10.8600   up 3.5               +29Nto +30N  unch
Jul=   10.8500-10.9200   up 3.5               +29Nto +36N  unch
_
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=   NA                                       NA
NC=    5.5275-5.6775     dn 1.5               +50Nto +65N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   8.3250-8.6825     dn 1                +100Hto +120H 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 2018
                         Louisiana           Texas
US 2 SRW Wheat           4.85                NA
US 1 HRW Wheat           NA                  5.23
US 2 Yellow Corn         3.96                NA
US 1 Yellow Soybeans     10.14               NA
US 2 Yellow Sorghum      NA                  8.09

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

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