Gulf Port Grain

JO_GR112
Portland, OR    Wed  Dec 11, 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
Dec=   6.3075-6.4075     dn 4-up 1           +100Zto +110Z unch-up 5
Jan=   6.1925-6.2425     dn 4.5-dn 9.5       +100Hto +105H unch-dn 5
Feb=   6.1925-6.2425     dn 4.5-dn 9.5       +100Hto +105H unch-dn 5
Mar=   6.1925-6.2425     dn 4.5              +100Hto +105H unch
Apr=   6.2275-6.2775     no comp             +100Kto +105K no comp
May=   6.2275-6.2775     no comp             +100Kto +105K no comp
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.0825-4.1525     dn 5.75-dn 6.75      +37Hto +44H  unch-dn 1
Jan=   4.1525-4.2525     dn 5.75              +44Hto +54H  unch
Feb=   4.1825-4.2825     dn 5.75-dn 6.75      +47Hto +57H  unch-dn 1
Mar=   4.2825-4.2925     dn 5.75              +57Hto +58H  unch
Apr=   4.3200-4.3300     dn 5.75-dn 4.75      +54Kto +55K  dn 1-unch
May=   4.3200-4.3300     dn 5.75-dn 4.75      +54Kto +55K  dn 1-unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.5250            dn 2.75              +59F         up 5
Jan=   9.5250            dn 3.75              +59F         up 4
Feb=   9.5000-9.5100     dn 7.5-dn 9.5        +42Hto +43H  unch-dn 2
Mar=   9.5300            dn 7.5-dn 9.5        +45H         unch-dn 2
Apr=   9.5975-9.6175     dn 7.25              +38Kto +40K  unch
May=   9.6175-9.6475     dn 7.25-dn 4.25      +40Kto +43K  unch-up 3
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.4050-5.4550     dn 0.5              +125Zto +130Z unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   6.9250-7.2825     dn 9.75              +30Zto +50Z  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            Nov 2019
                         Louisiana           Texas
US 2 SRW Wheat           6.08                NA
US 1 HRW Wheat           NA                  5.53
US 2 Yellow Corn         4.23                NA
US 1 Yellow Soybeans     9.55                NA
US 2 Yellow Sorghum      NA                  7.34

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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