Gulf Port Grain

JO_GR112
Portland, OR    Tue  Jan 28, 2020    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
Jan=   6.8475-6.8975     up 12.5-dn 2.5      +115Hto +120H up 15-unch
Feb=   6.8475-6.8975     up 12.5-dn 2.5      +115Hto +120H up 15-unch
Mar=   6.8475-6.8975     up 12.5-dn 2.5      +115Hto +120H up 15-unch
Apr=   6.7850-6.8350     dn 2.75             +110Kto +115K unch
May=   6.7850-6.8350     dn 2.75             +110Kto +115K unch
Jun=   6.4225-6.4725     dn 8.5               +75Nto +80N  dn 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.3950-4.4050     up 6-up 3            +53Hto +54H  unch-dn 3
Feb=   4.3950-4.4150     up 3-up 1            +53Hto +55H  dn 3-5
Mar=   4.4350-4.4450     up 4                 +57Hto +58H  dn 2
Apr=   4.4800-4.5000     up 4.25-up 5.25      +56Kto +58K  dn 1-unch
May=   4.4800-4.5000     up 4.25-up 5.25      +56Kto +58K  dn 1-unch
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.4700-9.4800     dn 2.25              +52Hto +53H  unch
Feb=   9.4800            dn 0.25-dn 1.25      +53H         up 2-1
Mar=   9.4800            dn 0.25-dn 1.25      +53H         up 2-1
Apr=   9.5400-9.5900     dn 2-unch            +45Kto +50K  unch-up 2
May=   9.5900            up 3-dn 2            +50K         up 5-unch
Jun=   9.6725-9.7225     dn 2.25-up 1.75      +45Nto +50N  unch-up 4
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   5.9200-6.1200     dn 4.5              +110Hto +130H unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.4375-7.6700     up 10.75             +30Hto +43H  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            Dec 2020
                         Louisiana           Texas
US 2 SRW Wheat           6.47                NA
US 1 HRW Wheat           NA                  5.74
US 2 Yellow Corn         4.24                NA
US 1 Yellow Soybeans     9.70                NA
US 2 Yellow Sorghum      NA                  7.44

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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