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 JO_GR112
Portland, OR    Wed  May 15, 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
May=   5.2375-5.3375     up 0.25-up 2.25      +75Nto +85N  unch-up 2
Jun=   5.1375-5.1875     up 0.25              +65Nto +70N  unch
Jul=   5.1375-5.1875     up 0.25              +65Nto +70N  unch
Aug=   5.2125            up 0.25-dn 1.75      +65U         unch-dn 2
Sep=   5.2125            up 0.25-dn 1.75      +65U         unch-dn 2
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
May=   4.1450-4.1950     up 1.75-up 0.75      +45Nto +50N  up 1-unch
Jun=   4.0950-4.1450     up 0.75              +40Nto +45N  unch
Jul=   4.0950-4.1450     up 0.75              +40Nto +45N  unch
Aug=   4.1025-4.2325     up 1                 +32Uto +45U  unch
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
May=   8.7050-8.7150     up 5                 +35Nto +36N  up 1
Jun=   8.6550            up 4                 +30N         unch
Jul=   8.6550-8.6750     up 4                 +30Nto +32N  unch
Aug=   8.7200-8.7300     up 6-up 5            +30Qto +31Q  up 2-1
Sep=   NA                                       NA
Oct=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    4.9200            dn 6.75              +90N         unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
May=   NA                                       NA
NC=    7.1200            up 1.75              +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            Apr 2019
                         Louisiana           Texas
US 2 SRW Wheat           5.37                NA
US 1 HRW Wheat           NA                  5.43
US 2 Yellow Corn         4.10                NA
US 1 Yellow Soybeans     9.10                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

11:31  nd 
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