Louisiana and Texas Export Bids


JO_GR112 ****This report will not be published Monday, May 25th due to the holiday *****
Portland, OR Fri May 22, 2020 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.
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Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids Change Basis Change
May= 5.5775-5.7075 dn 18.25-dn 7.25 +49N to +62N dn 11-unch
Jun= 5.5475-5.6775 dn 18.25-dn 7.25 +46N to +59N dn 11-unch
Jul= 5.5475-5.6375 dn 16.25-dn 7.25 +46N to +55N dn 9-unch
Aug= 5.5275-5.6775 dn 21-dn 6 +40U to +55U dn 15-unch
Sep= 5.5575-5.6775 dn 18-dn 6 +43U to +55U dn 12-unch
Oct= NA NA
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Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids Change Basis Change
May= 3.6600-3.6900 up 0.25 +48N to +51N unch
Jun= 3.6500-3.6700 up 0.25 +47N to +49N unch
Jul= 3.6500-3.6600 up 0.25 +47N to +48N unch
Aug= 3.6475-3.6775 dn 0.25 +42U to +45U unch
Sep= 3.6675-3.6775 dn 0.25 +44U to +45U unch
Oct= 3.7975-3.8175 dn 0.25 +47Z to +49Z unch
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Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids Change Basis Change
May= 8.8225-8.8725 dn 1.75 +49N to +54N unch
Jun= 8.8725-8.8925 dn 1.75 +54N to +56N unch
Jul= 8.9125-8.9325 dn 1.75 +58N to +60N unch
Aug= 8.9650 dn 2 +60Q unch
Sep= NA NA
Oct NC=9.0150-9.0350 dn 1 +57X to +59X unch
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids Change Basis Change
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Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids Change Basis Change
May= 5.3950-5.5950 dn 10 +95N to +115N unch
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Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids Change Basis Change
May= 7.9100-8.1775 up 0.25 +125N to +140N unch
NC= 7.1925-7.3700 dn 0.5 +70Z to +80Z unch
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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 Apr 2020
Louisiana Texas
US 2 SRW Wheat 6.03 NA
US 1 HRW Wheat NA 5.96
US 2 Yellow Corn 3.73 NA
US 1 Yellow Soybeans 8.98 NA
US 2 Yellow Sorghum NA 7.56

Source:USDA Market News Service, Portland, OR
Brian Personius 503-535-5001 Portland.LPGMN@ams.usda.gov
www.ams.usda.gov/mnreports/jo_gr112.txt
www.ams.usda.gov/lpsmarketnewspage

13:44 bp