Gulf Port Grain

JO_GR112
Portland, OR    Wed  Oct 16, 2019    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
Oct=   5.7825-5.9025     up 6.25              +65Zto +77Z  unch
Nov=   5.9025-6.0825     up 6.25              +77Zto +95Z  unch
Dec=   5.9025-6.0825     up 6.25              +77Zto +95Z  unch
Jan=   5.9525-6.0825     up 5                 +77Hto +90H  unch
Feb=   5.9525-6.0825     up 5                 +77Hto +90H  unch
Mar=   5.9525-6.0825     up 5                 +77Hto +90H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Oct=   4.2475-4.3075     dn 1.5               +33Zto +39Z  unch
Nov=   4.3375-4.3575     dn 1.5               +42Zto +44Z  unch
Dec=   4.4275-4.4475     dn 1.5               +51Zto +53Z  unch
Jan=   4.4750-4.4850     dn 0.75              +44Hto +45H  unch
Feb=   4.5050-4.5250     dn 0.75              +47Hto +49H  unch
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Oct=   9.6100-9.6500     dn 6                 +33Xto +37X  unch
Nov=   9.6900-9.7100     dn 6                 +41Xto +43X  unch
Dec=   9.8125-9.8725     dn 6.25              +39Fto +45F  unch
Jan=   9.8225-9.8325     dn 6.25              +40Fto +41F  unch
Feb=   9.8550-9.9850     dn 4.75              +31Hto +44H  unch
Mar=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Oct=   5.5000-5.5500     up 3.75             +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Oct=   7.5325            dn 2.5               +30Z         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            Sep 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.49                NA
US 1 HRW Wheat           NA                  5.16
US 2 Yellow Corn         4.00                NA
US 1 Yellow Soybeans     9.01                NA
US 2 Yellow Sorghum      NA                  6.79

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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