Gulf Port Grain

JO_GR112
Portland, OR    Thu  Aug 22, 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
Aug=   5.2725-5.3225     up 4.75-up 6.75      +60U to +65U  unch-up 2
Sep=   5.4225-5.4525     up 4.75              +75U to +78U  unch
Oct=   5.4675            up 8.75-up 3.75      +75Z          up 5-unch
Nov=   5.4675            up 8.75-up 3.75      +75Z          up 5-unch
Dec=   5.4675            up 8.75-up 3.75      +75Z          up 5-unch
Jan=   5.4575-5.4775     up 3.25              +68H to +70H  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis          Change
Aug=   3.9325-4.0325     up 0.75              +30U to +40U  unch
Sep=   3.9525-4.1325     up 0.75              +32U to +50U  unch
Oct=   4.0200-4.1700     up 0.75              +31Z to +46Z  unch
Nov=   4.1200-4.2100     up 0.75              +41Z to +50Z  unch
Dec=   4.2200-4.2300     up 0.75              +51Z to +52Z  unch
Jan=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis          Change
Aug=   9.0175-9.1775     dn 4.25              +33X to +49X  unch
Sep=   8.9675-9.0375     dn 4.25              +28X to +35X  unch
Oct=   8.9775-8.9975     dn 4.25              +29X to +31X  unch
Nov=   9.0775-9.0875     dn 4.25              +39X to +40X  unch
Dec=   9.1850-9.2150     dn 4.25              +36F to +39F  unch
Jan=   NA                                       NA
_
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
Aug=   4.7825-4.9625     up 7                 +85U to +103U unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Aug=   6.5350-7.0725     up 1.25-up 1.5        -5Z to +25Z  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           July 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.55                NA
US 1 HRW Wheat           NA                  5.34
US 2 Yellow Corn         4.81                NA
US 1 Yellow Soybeans     9.44                NA
US 2 Yellow Sorghum      NA                  7.23

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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