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 JO_GR112
Portland, OR    Fri  Jul 31, 2020    USDA Market News

NOTICE:  As Market News transitions reports to the MARS platform and 
My Market News, report formats will be converted from a text version 
to a more user-friendly and accessible PDF format. In the next few weeks,
this report will move to the new platform and will be accessible at: 
https://www.ams.usda.gov/mnreports/AMS_3147.pdf 
If you would like to learn more about MARS and My Market News,
please contact us at Websupport.lpgmn@ams.usda.gov.

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
Jul=   5.8825-5.9625     up 1.75              +57U to +65U  unch
Aug=   5.9125-5.9625     up 1.75              +60U to +65U  unch
Sep=   5.9625-6.0125     up 1.75              +65U to +70U  unch
Oct=   6.0375-6.1875     up 2.75              +65Z to +80Z  unch
Nov    6.0375-6.1375     up 2.75              +65Z to +75Z  unch
Dec    6.0375-6.1375     up 2.75              +65Z to +75Z  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis          Change
Jul=   3.6700-3.7100     up 0.25-dn 0.75      +51U to +55U  unch-dn 1
Aug=   3.6900-3.7300     dn 0.75-up 0.25      +53U to +57U  dn 1-unch
Sep=   3.7300-3.7600     dn 0.75-up 0.25      +57U to +60U  dn 1-unch
Oct=   3.8100-3.8200     up 0.25              +54Z to +55Z  unch
Nov    3.8400-3.8500     up 0.25              +57Z to +58Z  unch
Dec    3.8600-3.8700     up 0.25              +59Z to +60Z  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis          Change
Jul=   9.6550-9.6950     up 5.75              +68Q to +72Q  unch
Aug=   9.6850-9.7050     up 5.75              +71Q to +73Q  unch
Sep=   9.6550-9.6750     up 4.25              +73X to +75X  unch
Oct NC=9.6450-9.6650     up 4.25              +72X to +74X  unch
Nov    9.6650-9.6850     up 4.25              +74X to +76X  unch
Dec    9.6300-9.6800     up 4.25              +65F to +70F  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
NC=    NA                                       NA
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Jul NC=7.8925-8.3400     up 0.5              +115Z to +140Z unch-dn 10
Aug    7.8925-8.3400     up 0.5              +115Z to +140Z unch-dn 10
_
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            Jun 2020
                         Louisiana           Texas
US 2 SRW Wheat           5.46                NA
US 1 HRW Wheat           NA                  5.40
US 2 Yellow Corn         3.76                NA
US 1 Yellow Soybeans     9.26                NA
US 2 Yellow Sorghum      NA                  7.75

Source:USDA Market News Service, Portland, OR
       Brian Personius 503-535-5001  Portland.LPGMN@ams.usda.gov
       www.ams.usda.gov/mnreports/jo_gr112.txt
       www.ams.usda.gov/lpsmarketnewspage

13:42  bp 
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