Gulf Port Grain

JO_GR112
Portland, OR    Fri  Apr 20, 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
Apr=   5.3325-5.3525     dn 13.5-dn 15.5      +70Kto +72K  unch-dn 2
May=   5.2825-5.3325     dn 18.5-dn 15.5      +65Kto +70K  dn 5-2
Jun=   5.2525-5.2925     dn 15.5-dn 14.5      +48Nto +52N  dn 2-1
Jul=   5.2525-5.2925     dn 15.5-dn 14.5      +48Nto +52N  dn 2-1
Aug=   5.3775            dn 12.75-dn 15.75    +42U         unch-dn 3
Sep=   5.3775            dn 12.75-dn 15.75    +42U         unch-dn 3
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Apr=   4.3150-4.4050     dn 8.5-dn 5.5        +55Kto +64K  dn 3-unch
May=   4.2850-4.3850     dn 8.5-dn 5.5        +52Kto +62K  dn 3-unch
Jun=   4.3550-4.4450     dn 6.5-dn 5.5        +50Nto +59N  dn 1-unch
Jul=   4.3550-4.4550     dn 6.5-dn 5.5        +50Nto +60N  dn 1-unch
Aug=   4.3800-4.4200     dn 5.5-dn 6.5        +45Uto +49U  unch-dn 1
Sep=   4.4100-4.4200     dn 5.5-dn 6.5        +48Uto +49U  unch-dn 1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Apr=   10.8175-10.9875   dn 10.5-dn 8.5       +53Kto +70K  dn 2-unch
May=   10.8175-10.9775   dn 10.5-dn 8.5       +53Kto +69K  dn 2-unch
Jun=   10.8625-10.9925   dn 11.75-dn 8.75     +46Nto +59N  dn 3-unch
Jul=   10.9025-10.9925   dn 11.75-dn 8.75     +50Nto +59N  dn 3-unch
Aug=   10.9200-11.0200   dn 12.5-dn 8.5       +50Qto +60Q  dn 4-unch
Sep=   10.8600-10.8900   dn 9.5-dn 7.5        +51Xto +54X  dn 2-unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Apr=   5.4775-6.1200     dn 12.5              +65Kto +110N unch
NC=    5.6700-6.1200     dn 12.5              +65Nto +110N unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   7.9725-7.9900     dn 10                +70Kto +71K  unch
NC=    7.0100-7.1875     dn 9.75              -10Zto +0Z   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            Mar 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.41                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     10.80               NA
US 2 Yellow Sorghum      NA                  8.22

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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