JO_GR112
Portland, OR    Fri  Jul 12, 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
Jul=   5.7100-5.8300     up 1.5               +48Uto +60U  unch
Aug=   5.7800-5.9300     up 6.5-up 1.5        +55Uto +70U  up 5-unch
Sep=   5.8800-5.9300     up 1.5               +65Uto +70U  unch
Oct=   6.0000            up 2.25              +65Z         unch
Nov=   6.0000            up 2.25              +65Z         unch
Dec=   NA                                       NA
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jul=   5.1025-5.1425     up 16-up 11          +56Uto +60U  up 6-1
Aug=   4.8925-5.1025     up 10                +35Uto +56U  unch
Sep=   4.9825-5.1025     up 10-up 11          +44Uto +56U  unch-up 1
Oct=   5.0525-5.1325     up 11.25-up 15.25    +46Zto +54Z  unch-up 4
Nov=   5.0525-5.1325     up 11.25-up 13.25    +46Zto +54Z  unch-up 2
Dec=   5.1325            up 15.25-up 9.25     +54Z         up 4-dn 2
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jul=   9.5625-9.7825     up 11.25-up 19.25    +43Qto +65Q  dn 3-up 5
Aug=   9.5325-9.7525     up 14.25-up 16.25    +40Qto +62Q  unch-up 2
Sep=   9.5350-9.7250     up 14.25             +22Xto +41X  unch
Oct=   9.5650-9.7350     up 14.25             +25Xto +42X  unch
Nov=   9.6250-9.7650     up 14.25             +31Xto +45X  unch
Dec=   9.7800-9.8500     up 14.25-up 18.25    +35Fto +42F  unch-up 4
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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
Jul=   5.5225-5.7025     up 5.75              +85Uto +103U unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jul=   7.3975-7.8425     up 20                -45Zto -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           June 2019
                         Louisiana           Texas
US 2 SRW Wheat           6.05                NA
US 1 HRW Wheat           NA                  5.61
US 2 Yellow Corn         4.96                NA
US 1 Yellow Soybeans     9.48                NA
US 2 Yellow Sorghum      NA                  7.15

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

11:39  nd