Louisiana and Texas Export Bids


JO_GR112
Portland, OR Thu Dec 06, 2018 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, dollars per bushel, except sorghum per cwt.
Bids as of 11:30 Central time; Subject to change.

In early trading bids were not fully established but were indicated as
follows for Louisiana: soft red winter wheat lower, yellow corn mixed,
soybeans were lower and yellow sorghum was not available. Texas cash bids
were lower for hard red winter wheat and lower for yellow sorghum.


Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Dec= 5.7925-5.8425 +65H to +70H
Jan= 5.7925-5.9225 +65H to +78H
Feb= 5.7925-5.9225 +65H to +78H
Mar= 5.7925-5.9225 +65H to +78H
Apr= 5.8025-5.8525 +60K to +65K
May= 5.8025-5.8525 +60K to +65K
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Dec= 4.2350-4.3150 +40H to +48H
Jan= 4.2950-4.3050 +46H to +47H
Feb= 4.3050-4.3150 +47H to +48H
Mar= 4.3050-4.3550 +47H to +52H
Apr= 4.3475-4.3575 +44K to +45K
May= 4.3475-4.3575 +44K to +45K
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Dec= 9.2100-9.2800 +13F to +20F
Jan= 9.2600-9.2800 +18F to +20F
Feb= 9.3450-9.4050 +14H to +20H
Mar= 9.3950-9.4550 +19H to +25H
Apr= 9.4925-9.5425 +16K to +21K
May 9.4925-9.5425 +16K to +21K
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Dec= NA NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Basis
Dec= 5.5500-5.7000 +60H to +75H
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Dec= 7.3850-7.5625 +30H to +40H
_
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 for Oct 2018
Louisiana Texas
US 2 SRW Wheat 5.69 NA
US 1 HRW Wheat NA 5.81
US 2 Yellow Corn 4.07 NA
US 1 Yellow Soybeans 8.71 NA
US 2 Yellow Sorghum NA 7.21

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

10:51 nd