JO_GR112
Portland, OR    Mon  Jun 24, 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, 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
Jun=   6.0800-6.2300     up 2-up 12           +70Nto +85N  dn 10-unch
Jul=   6.0800-6.2800     up 12                +70Nto +90N  unch
Aug=   6.0750-6.1250     up 11.75             +65Uto +70U  unch
Sep=   6.0750-6.1250     up 6.75-up 11.75     +65Uto +70U  dn 5-unch
Oct=   6.1750            up 11                +65Z         unch
Nov=   6.1750            up 11                +65Z         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jun=   5.0675-5.1075     up 4.5               +60Nto +64N  unch
Jul=   4.9275-4.9775     up 4.5               +46Nto +51N  unch
Aug=   4.8675-4.9475     up 4.25-up 3.25      +35Uto +43U  unch-dn 1
Sep=   4.9575-4.9775     up 4.25-up 2.25      +44Uto +46U  unch-dn 2
Oct=   5.0125-5.0725     up 2.75-up 3.75      +44Zto +50Z  dn 1-unch
Nov=   5.0325-5.0725     up 3.75              +46Zto +50Z  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jun=   9.6400-9.7100     up 4.25-up 6.25      +55Nto +62N  dn 2-unch
Jul=   9.5800-9.5900     up 8.25-up 6.25      +49Nto +50N  up 2-unch
Aug=   9.5375-9.5675     up 6.25-up 7.25      +39Qto +42Q  unch-up 1
Sep=   9.5475-9.5775     up 7.25-up 5.25      +22Xto +25X  up 2-unch
Oct=   9.5775-9.6375     up 5.25-up 9.25      +25Xto +31X  unch-up 4
Nov=   9.6375-9.7175     up 5.25-up 8.25      +31Xto +39X  unch-up 3
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Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   5.6550            up 13               +100N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jun=   NA                                       NA
Jul=   7.2725-7.8075     up 6.75              -50Zto -20Z  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            May 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.47                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     8.77                NA
US 2 Yellow Sorghum      NA                  NA

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

11:44  nd