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 JO_GR112
Portland, OR    Mon  Feb 24, 2020    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
Feb=   6.3625            dn 14.75            +100H         unch
Mar=   6.3625            dn 14.75            +100H         unch
Apr=   6.3475-6.3975     dn 17.25            +100Kto +105K unch
May=   6.3475-6.3975     dn 17.25            +100Kto +105K unch
Jun=   6.0675-6.1175     dn 15.25             +70Nto +75N  unch
Jul=   6.0675-6.1175     dn 15.25             +70Nto +75N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.2225            dn 4.75              +50H         unch
Mar=   4.2625-4.2825     dn 4.75              +54Hto +56H  unch
Apr=   4.3025-4.3125     dn 4.5               +54Kto +55K  unch
May=   4.3025-4.3125     dn 4.5               +54Kto +55K  unch
Jun=   4.3050-4.3250     dn 4                 +51Nto +53N  unch
Jul=   4.3050-4.3250     dn 4                 +51Nto +53N  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   9.2725-9.3425     dn 16.25             +53Hto +60H  unch
Mar=   9.2725-9.3425     dn 16.25             +53Hto +60H  unch
Apr=   9.2750-9.3350     dn 16.5              +45Kto +51K  unch
May=   9.3250-9.3350     dn 16.5              +50Kto +51K  unch
Jun=   9.3900-9.4400     dn 15.75             +45Nto +50N  unch
Jul=   9.4300-9.4400     dn 15.75             +49Nto +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=   5.6225-5.8225     dn 16.25            +110Hto +130H unch
NC=    5.5150-5.6150     dn 15.75             +85Nto +95N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
NC=    7.3625            dn 6.5               +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

11:37  nd 
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