Gulf Port Grain

JO_GR112
Portland, OR    Thu  Apr 09, 2020    USDA Market News

***THIS REPORT WILL NOT BE ISSUED FRIDAY APRIL 10 DUE TO THE HOLIDAY***

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
Apr=   6.2150            up 8.25              +65K         unch
May=   6.2150            up 8.25              +65K         unch
Jun=   6.1250-6.2750     up 9                 +55Nto +70N  unch
Jul=   6.1250-6.2750     up 9                 +55Nto +70N  unch
Aug=   6.1125-6.3125     up 8.5               +50Uto +70U  unch
Sep=   6.1125-6.3125     up 8.5               +50Uto +70U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Apr=   3.8475-3.9175     up 1.75              +53Kto +60K  unch
May=   3.8675            up 1.75              +55K         unch
Jun=   3.8575-3.8975     up 1.25              +49Nto +53N  unch
Jul=   3.8575-3.8975     up 1.25              +49Nto +53N  unch
Aug=   3.8675            up 1.25              +45U         unch
Sep=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Apr=   9.1350-9.2150     up 9                 +50Kto +58K  unch
May=   9.1350-9.2350     up 9                 +50Kto +60K  unch
Jun=   9.2100-9.2800     up 9.25              +50Nto +57N  unch
Jul=   9.2100-9.3000     up 9.25              +50Nto +59N  unch
Aug=   9.2650-9.3050     up 9                 +53Qto +57Q  unch
Sep=   9.2925            up 8                 +57U         unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Apr=   6.0200-6.1200     up 14               +110Kto +120K unch
May NC=5.8400-6.0900     up 13.75             +85Nto +110N unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   7.5325-7.8875     up 3.25-up 3         +90Kto +110K unch
NC=    6.9775-7.2450     up 2.75-up 2.5       +40Zto +55Z  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            Mar 2020
                         Louisiana           Texas
US 2 SRW Wheat           6.22                NA
US 1 HRW Wheat           NA                  5.69
US 2 Yellow Corn         4.12                NA
US 1 Yellow Soybeans     9.24                NA
US 2 Yellow Sorghum      NA                  7.45

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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