Louisiana and Texas Export Bids


JO_GR112
Portland, OR Thu Sep 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, 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 mixed, yellow corn higher,
soybeans were higher and yellow sorghum was not available. Texas cash bids
for hard red winter wheat trended higher and bids for yellow sorghum
trended higher.

Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Sep= 5.4850-5.5150 +70Z to +73Z
Oct= 5.5550-5.5850 +77Z to +80Z
Nov= 5.5550-5.5850 +77Z to +80Z
Dec= 5.5550-5.5850 +77Z to +80Z
Jan= 5.6200-5.7500 +77H to +90H
Feb= 5.6200-5.7500 +77H to +90H
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Sep= 3.9575-3.9675 +33Z to +34Z
Oct= 4.0175-4.0875 +39Z to +46Z
Nov= 4.0675-4.1275 +44Z to +50Z
Dec= 4.1375-4.1475 +51Z to +52Z
Jan= 4.1725-4.2325 +42H to +48H
Feb= NA NA
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Sep= 8.9925-9.0125 +13X to +15X
Oct= 8.9925-9.0125 +13X to +15X
Nov= 9.0925-9.1125 +23X to +25X
Dec= 9.2275-9.2675 +23F to +27F
Jan= 9.2975-9.3375 +30F to +34F
Feb= NA NA
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Sep= NA NA
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Basis
Sep= 5.0425-5.2925 +105Z to +130Z
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Sep= 6.3875-7.0125 -5Z to +30Z
_
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 Aug 2019
Louisiana Texas
US 2 SRW Wheat 5.36 NA
US 1 HRW Wheat NA 4.92
US 2 Yellow Corn 4.14 NA
US 1 Yellow Soybeans 9.07 NA
US 2 Yellow Sorghum NA 6.71

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

8:45 nd