JO_GR112
Portland, OR    Wed  Sep 12, 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, 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
Sep=   5.3675            dn 12-dn 17          +30Z         unch-dn 5
Oct=   5.5175-5.5675     dn 12                +45Zto +50Z  unch
Nov=   5.6175            dn 12                +55Z         unch
Dec=   5.7175            dn 12                +65Z         unch
Jan=   5.8200            dn 10.75             +55H         unch
Feb=   5.8200            dn 10.75             +55H         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Sep=   3.8450-3.9050     dn 17.25-dn 14.25    +32Zto +38Z  dn 3-unch
Oct=   3.9150-3.9550     dn 18.25-dn 14.25    +39Zto +43Z  dn 4-unch
Nov=   3.9850-4.0050     dn 16.25-dn 15.25    +46Zto +48Z  dn 2-1
Dec=   4.0550            dn 14.25             +53Z         unch
Jan=   4.1300-4.1500     dn 11.5-dn 13.5      +48Hto +50H  up 2-unch
Feb=   4.1300-4.1500     dn 11.5-dn 13.5      +48Hto +50H  up 2-unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Sep=   8.3600-8.4000     up 9.25-up 8.25       -4Xto +0X   up 1-unch
Oct=   8.3800-8.4000     up 6.25-up 8.25       -2Xto +0X   dn 2-unch
Nov=   8.5500            up 8.25-up 7.25      +15X         unch-dn 1
Dec    8.6650-8.7350     up 5-up 8            +13Fto +20F  dn 3-unch
Jan    8.7550-8.7850     up 10-up 8           +22Fto +25F  up 2-unch
Feb=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Sep=   5.6675            dn 16                +60Z         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Sep=   7.3650            dn 25.5              +60Z         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           July 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.92                NA
US 1 HRW Wheat           NA                  6.28
US 2 Yellow Corn         4.12                NA
US 1 Yellow Soybeans     9.01                NA
US 2 Yellow Sorghum      NA                  7.51

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

13:32  nd