USDA LA and TX Export Bids 01/18 13:45

USDA LA and TX Export Bids                         01/18 13:45

JO_GR112
Portland, OR    Fri  Jan 18, 2019    USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY JANUARY 21 DUE TO THE HOLIDAY***

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
Jan=   5.9975-6.0175     unch                 +82Hto +84H  unch
Feb=   5.9975-6.0175     unch                 +82Hto +84H  unch
Mar=   6.0175-6.0475     unch-up 1            +84Hto +87H  unch-up 1
Apr=   5.9350-5.9850     up 0.5               +70Kto +75K  unch
May=   5.9350-5.9850     up 0.5               +70Kto +75K  unch
Jun=   5.7875            up 0.5               +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   4.2275-4.2975     up 1.75-up 2.75      +41Hto +48H  unch-up 1
Feb=   4.2875-4.3275     up 1.75-up 2.75      +47Hto +51H  unch-up 1
Mar=   4.2875-4.3375     up 1.75-up 0.75      +47Hto +52H  unch-dn 1
Apr=   4.3600-4.3800     up 2                 +46Kto +48K  unch
May=   4.3600-4.3800     up 2                 +46Kto +48K  unch
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.3275-9.3875     up 10-up 9           +16Hto +22H  up 1-unch
Feb=   9.3275-9.3975     up 10-up 9           +16Hto +23H  up 1-unch
Mar=   9.3275-9.4075     up 10-up 9           +16Hto +24H  up 1-unch
Apr=   9.4000-9.4600     up 9                 +10Kto +16K  unch
May    9.4000-9.4600     up 9                 +10Kto +16K  unch
Jun=   9.5250-9.6050     up 8.5               +10Nto +18N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   5.6600-5.8100     up 2                 +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.3525-7.5325     up 3-up 3.25         +30Hto +40H  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            Dec 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.93                NA
US 1 HRW Wheat           NA                  5.74
US 2 Yellow Corn         4.25                NA
US 1 Yellow Soybeans     9.20                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

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