Gulf Port Grain

JO_GR112
Portland, OR    Tue  Jun 19, 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=   5.3575-5.3975     dn 12.25             +58Nto +62N  unch
Jul=   5.3675-5.4075     dn 12.25             +59Nto +63N  unch
Aug=   5.3750-5.4450     dn 12                +48Uto +55U  unch
Sep=   5.3950-5.4450     dn 12                +50Uto +55U  unch
Oct=   5.6425-5.6925     dn 12                +55Zto +60Z  unch
Nov=   5.6425-5.6925     dn 12                +55Zto +60Z  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jun=   4.0675-4.0775     up 1.75-dn 2.25      +53Nto +54N  up 4-unch
Jul=   4.0875-4.0975     dn 0.25-dn 1.25      +55Nto +56N  up 2-1
Aug=   4.1325-4.1425     up 0.75-dn 1.25      +50Uto +51U  up 3-1
Sep=   4.1825-4.1925     dn 1.25              +55Uto +56U  up 1
Oct=   4.3050-4.3550     up 3.25              +55Zto +60Z  up 5
Nov=   4.2950-4.3050     dn 0.75-dn 1.75      +54Zto +55Z  up 1-unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jun=   9.4000-9.4100     dn 18.5              +51Nto +52N  up 1
Jul=   9.4000-9.4100     dn 19.5-dn 20.5      +51Nto +52N  unch-dn 1
Aug=   9.4925            dn 18.75-dn 19.75    +55Q         up 1-unch
Sep=   9.5700-9.6000     dn 19.5-dn 20.5      +46Xto +49X  up 1-unch
Oct=   9.6100-9.6200     dn 19.5-dn 20.5      +50Xto +51X  up 1-unch
Nov=   9.6200-9.6800     dn 20.5-dn 18.5      +51Xto +57X  unch-up 2
_
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=   5.8800            dn 16.5             +105N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   7.3300-7.4200     dn 3.25-dn 3         +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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