JO_GR112 Portland, OR Wed Aug 07, 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, dollars per bushel, except sorghum per cwt. Bids as of 11:30 Central time; Subject to change. In early trading bids were not fully established but were indicated as follows for Louisiana: soft red winter wheat higher, yellow corn higher, soybeans were higher and yellow sorghum was not available. Texas cash bids for hard red winter wheat trended higher and bids for yellow sorghum trended higher. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Aug= 5.4675-5.4975 +60U to +63U Sep= 5.5675-5.6175 +70U to +75U Oct= 5.5825-5.6225 +68Z to +72Z Nov= 5.5825-5.6225 +68Z to +72Z Dec= 5.5825-5.6225 +68Z to +72Z Jan= NA NA _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Aug= 4.4425-4.4825 +38U to +42U Sep= 4.4625-4.5625 +40U to +50U Oct= 4.4750-4.6050 +33Z to +46Z Nov= 4.5450-4.6450 +40Z to +50Z Dec= 4.5950-4.6050 +45Z to +46Z Jan= NA NA _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Aug= 8.9750-9.0050 +30X to +33X Sep= 8.9450-8.9550 +27X to +28X Oct= 8.9450-8.9650 +27X to +29X Nov= 9.0350-9.0750 +36X to +40X Dec= 9.1075-9.1475 +30F to +34F Jan= NA NA _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Aug= 5.0450-5.2250 +85U to +103U _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Aug= 6.8650-7.0450 -30Z to -20Z _ 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 for July 2019 Louisiana Texas US 2 SRW Wheat 5.55 NA US 1 HRW Wheat NA 5.34 US 2 Yellow Corn 4.81 NA US 1 Yellow Soybeans 9.44 NA US 2 Yellow Sorghum NA 7.23 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 10:52 nd
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