Gulf Port Grain

JO_GR112
Portland, OR    Mon  Dec 10, 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
Dec=   5.9025-6.0025     dn 6                 +65Hto +75H  unch
Jan=   5.9025-6.0525     dn 6                 +65Hto +80H  unch
Feb=   5.9025-6.0525     dn 6                 +65Hto +80H  unch
Mar=   5.9025-6.0525     dn 6                 +65Hto +80H  unch
Apr=   5.9150-6.0150     dn 4.5-up 0.5        +60Kto +70K  unch-up 5
May=   5.9150-6.0150     dn 4.5-up 0.5        +60Kto +70K  unch-up 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.2400-4.3200     dn 2.5-dn 1.5        +40Hto +48H  dn 1-unch
Jan=   4.2800-4.3100     dn 2.5-dn 1.5        +44Hto +47H  dn 1-unch
Feb=   4.3100-4.3200     dn 1.5-dn 2.5        +47Hto +48H  unch-dn 1
Mar=   4.2800-4.3400     dn 4.5-dn 2.5        +44Hto +50H  dn 3-1
Apr=   4.3525-4.3625     dn 1.5               +44Kto +45K  unch
May=   4.3525-4.3625     dn 1.5               +44Kto +45K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   9.2475-9.2975     dn 7                 +15Fto +20F  unch
Jan=   9.2975-9.3075     dn 7                 +20Fto +21F  unch
Feb=   9.3775-9.4275     dn 3.25-dn 6.25      +15Hto +20H  up 3-unch
Mar=   9.4175-9.4275     dn 6.25              +19Hto +20H  unch
Apr=   9.5150            dn 6.25              +16K         unch
May    9.5150            dn 6.25              +16K         unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.7025-5.8525     dn 1.75              +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.3925-7.5725     dn 2.75-dn 2.5       +30Hto +40H  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 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.75                NA
US 1 HRW Wheat           NA                  5.54
US 2 Yellow Corn         4.08                NA
US 1 Yellow Soybeans     8.99                NA
US 2 Yellow Sorghum      NA                  7.15

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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