Louisiana and Texas Export Bids


JO_GR112
Portland, OR Fri Nov 08, 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 lower, yellow corn lower,
soybeans were lower and yellow sorghum was not available. Texas cash bids
for hard red winter wheat trended steady and bids for yellow sorghum
trended lower.

Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Basis
Nov= 6.0100-6.0600 +90Z to +95Z
Dec= 6.0600 +95Z
Jan= 6.0550 +90H
Feb= 6.0550 +90H
Mar= 6.0550 +90H
_
Louisiana Morning bids and basis for US 2 Yellow Corn
Cash Bids Basis
Nov= 4.1650-4.2850 +42Z to +54Z
Dec= 4.2550-4.3050 +51Z to +56Z
Jan= 4.2675-4.2775 +44H to +45H
Feb= 4.2975-4.3775 +47H to +55H
Mar= NA NA
_
Louisiana Morning bids and basis for US 1 Yellow Soybeans
Cash Bids Basis
Nov= 9.6000-9.6800 +41X to +49X
Dec= 9.7175-9.8275 +39F to +50F
Jan= 9.7275-9.8475 +40F to +52F
Feb= 9.7125-9.7625 +26H to +31H
Mar= NA NA
_
Louisiana Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
_
Texas Morning bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Basis
Nov= 5.4975-5.5475 +125Z to +130Z
_
Texas Morning bids and basis for US 2 Yellow Sorghum
Cash Bids Basis
Nov= 7.2225-7.4025 +30Z to +40Z
_
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 2019
Louisiana Texas
US 2 SRW Wheat 5.79 NA
US 1 HRW Wheat NA 5.43
US 2 Yellow Corn 4.25 NA
US 1 Yellow Soybeans 9.59 NA
US 2 Yellow Sorghum NA 7.43

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

8:43 nd