Gulf Port Grain

JO_GR112
Portland, OR    Thu  Apr 18, 2019    USDA Market News

***THIS REPORT WILL NOT BE ISSUED FRIDAY APRIL 19 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=   5.2825-5.3125     dn 1.75-dn 2.75      +84Kto +87K  up 1-unch
May=   5.2625-5.3125     dn 0.75-dn 2.75      +82Kto +87K  up 2-unch
Jun=   5.1325            dn 2-dn 4            +65N         unch-dn 2
Jul=   5.1325            dn 2-dn 4            +65N         unch-dn 2
Aug=   5.1475-5.1975     dn 2.25              +60Uto +65U  unch
Sep=   5.1475-5.1975     dn 2.25              +60Uto +65U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Apr=   4.0450-4.1750     up 0.25              +46Kto +59K  unch
May=   4.0450-4.1450     up 0.25              +46Kto +56K  unch
Jun=   4.0925-4.1325     up 0.25              +42Nto +46N  unch
Jul=   4.0925-4.1325     up 0.25              +42Nto +46N  unch
Aug=   4.1300-4.2000     unch                 +38Uto +45U  unch
Sep=   4.1300-4.1900     unch                 +38Uto +44U  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Apr=   9.0850-9.0950     up 2.5               +28Kto +29K  up 1
May=   9.1250-9.1650     up 3.5-up 1.5        +32Kto +36K  up 2-unch
Jun=   9.2525-9.2725     up 5.75-up 3.75      +31Nto +33N  up 4-2
Jul=   9.2725            up 7.75-up 1.75      +33N         up 6-unch
Aug=   9.2900-9.3300     up 3.5-up 1.5        +29Qto +33Q  up 2-unch
Sep=   NA                                       NA
_
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=   5.3200-5.5000     dn 0.5              +112Kto +130K unch
NC=    5.1575            dn 0.5               +90N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   7.4725-7.5625     up 0.5               +60Kto +65K  unch
NC=    7.0750            dn 1                 +10Z         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 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.45                NA
US 1 HRW Wheat           NA                  5.60
US 2 Yellow Corn         4.22                NA
US 1 Yellow Soybeans     9.33                NA
US 2 Yellow Sorghum      NA                  7.68

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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