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 JO_GR112
Portland, OR    Fri  Feb 14, 2020    USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY FEBRUARY 17 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
Feb=   6.4275            dn 1.5              +100H         unch
Mar=   6.4275            dn 1.5              +100H         unch
Apr=   6.4650            dn 3.25             +105K         unch
May=   6.4650            dn 3.25             +105K         unch
Jun=   6.1600            dn 3.5               +75N         unch
Jul=   6.1600            dn 3.5               +75N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.2775-4.3075     dn 4.75-dn 1.75      +50Hto +53H  dn 3-unch
Mar=   4.3075-4.3375     dn 1.75              +53Hto +56H  unch
Apr=   4.2700-4.3700     dn 2.75-up 2.25      +45Kto +55K  unch-up 5
May=   4.3200-4.3700     dn 2.75-up 2.25      +50Kto +55K  unch-up 5
Jun=   4.3050-4.3650     dn 3.25-dn 2.25      +45Nto +51N  unch-up 1
Jul=   4.3650-4.3850     dn 3.25              +51Nto +53N  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.4675-9.5075     dn 2.5-up 1.5        +53Hto +57H  unch-up 4
Mar=   9.4675-9.5175     dn 2.5-dn 0.5        +53Hto +58H  unch-up 2
Apr=   9.4825-9.5225     dn 2.75-dn 3.75      +45Kto +49K  unch-dn 1
May=   9.5225-9.5325     dn 3.75-dn 2.75      +49Kto +50K  dn 1-unch
Jun=   9.6050-9.6550     dn 2.5               +45Nto +50N  unch
Jul=   9.6550            dn 2.5               +50N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Feb=   5.7550-5.9550     dn 0.5              +110Hto +130H unch
NC=    5.6375-5.7375     dn 0.25              +85Nto +95N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
NC=    7.4775            dn 5.75              +30Z         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            Jan 2020
                         Louisiana           Texas
US 2 SRW Wheat           6.75                NA
US 1 HRW Wheat           NA                  6.11
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     9.74                NA
US 2 Yellow Sorghum      NA                  7.54

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

11:30  nd 
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