Gulf Port Grain

JO_GR112
Portland, OR    Wed  Jun 19, 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
Jun=   6.0725            dn 9.25              +85N         unch
Jul=   5.9225-6.1225     dn 9.25              +70Nto +90N  unch
Aug=   5.9175-5.9675     dn 8.75              +65Uto +70U  unch
Sep=   5.9675            dn 8.75              +70U         unch
Oct=   6.0100            dn 10.75             +65Z         unch
Nov=   6.0100            dn 10.75             +65Z         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jun=   5.0100-5.0800     dn 8.75-dn 7.75      +60Nto +67N  unch-up 1
Jul=   4.8700-4.9500     dn 8.75-dn 6.75      +46Nto +54N  unch-up 2
Aug=   4.8125-4.9125     dn 9.25-dn 8.25      +35Uto +45U  unch-up 1
Sep=   4.9025-4.9625     dn 9.25-dn 8.25      +44Uto +50U  unch-up 1
Oct=   4.9925-5.0325     dn 9.75              +46Zto +50Z  unch
Nov=   4.9925-5.0325     dn 9.75              +46Zto +50Z  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jun=   9.6025-9.6625     dn 10.25-dn 16.25    +57Nto +63N  unch-dn 6
Jul=   9.5125-9.5325     dn 11.25-dn 12.25    +48Nto +50N  dn 1-2
Aug=   9.4850-9.5250     dn 10.75             +39Qto +43Q  unch
Sep=   9.5075-9.5375     dn 11.5              +22Xto +25X  unch
Oct=   9.5275-9.5575     dn 12.5-dn 11.5      +24Xto +27X  dn 1-unch
Nov=   9.5975-9.6675     dn 11.5              +31Xto +38X  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   5.5750            dn 7.75             +100N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   7.2000-7.7375     dn 17.5-dn 17.25     -50Zto -20Z  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            May 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.47                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     8.77                NA
US 2 Yellow Sorghum      NA                  NA

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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