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 JO_GR112
Portland, OR    Wed  Mar 14, 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
Mar=   5.5375-5.5875     up 2.25              +65Kto +70K  unch
Apr=   5.4675-5.4875     up 2.25              +58Kto +60K  unch
May=   5.4675-5.4875     up 2.25              +58Kto +60K  unch
Jun=   5.4625-5.5125     up 1.75              +40Nto +45N  unch
Jul=   5.4625-5.5125     up 1.75              +40Nto +45N  unch
Aug=   5.6275-5.6775     up 1.75              +40Uto +45U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Mar=   4.3875-4.5075     dn 7-dn 3            +50Kto +62K  dn 4-unch
Apr=   4.3875-4.4775     dn 8-dn 3            +50Kto +59K  dn 5-unch
May=   4.3875-4.4575     dn 8-dn 3            +50Kto +57K  dn 5-unch
Jun=   4.4175-4.4575     dn 6-dn 3            +45Nto +49N  dn 3-unch
Jul=   4.4175-4.4675     dn 6-dn 3            +45Nto +50N  dn 3-unch
Aug=   4.3725-4.4425     dn 2.25-dn 3.25      +35Uto +42U  unch-dn 1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Mar=   10.6725-10.7225   dn 17.5-dn 16.5      +35Kto +40K  dn 1-unch
Apr=   10.6925-10.7225   dn 18.5-dn 16.5      +37Kto +40K  dn 2-unch
May=   10.7125-10.7425   dn 16.5-dn 17.5      +39Kto +42K  unch-dn 1
Jun=   10.8000-10.8200   dn 18.5-dn 16.5      +37Nto +39N  dn 2-unch
Jul=   10.8200-10.8800   dn 16.5-dn 18.5      +39Nto +45N  unch-dn 2
Aug=   10.8475-10.9275   dn 16-dn 17          +40Qto +48Q  unch-dn 1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Mar=   NA                                       NA
NC=    5.9175-6.0675     up 4.5               +50Nto +65N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   8.1925-8.4600     dn 5.25              +70Kto +85K  unch
NC=    7.2800-7.4600     dn 3.75-dn 3.5        +0Zto +10Z  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            Feb 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.19                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.15                NA
US 1 Yellow Soybeans     10.46               NA
US 2 Yellow Sorghum      NA                  8.50

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

11:39  nd 
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