JO_GR112
Portland, OR    Tue  Mar 13, 2018    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
Mar=   5.5150-5.5650     up 5.75-dn 2.25      +65Kto +70K  up 10-2
Apr=   5.4450-5.4650     dn 1.25-dn 7.25      +58Kto +60K  up 3-dn 3
May=   5.4450-5.4650     dn 1.25-dn 7.25      +58Kto +60K  up 3-dn 3
Jun=   5.4450-5.4950     dn 3                 +40Nto +45N  unch
Jul=   5.4450-5.4950     dn 3                 +40Nto +45N  unch
Aug=   5.6100-5.6600     dn 2.75              +40Uto +45U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Mar=   4.4575-4.5375     dn 4-unch            +54Kto +62K  dn 5-1
Apr=   4.4675-4.5075     dn 3-up 1            +55Kto +59K  dn 4-unch
May=   4.4675-4.4875     dn 1                 +55Kto +57K  dn 2
Jun=   4.4775-4.4875     up 0.25              +48Nto +49N  dn 1
Jul=   4.4775-4.4975     dn 0.75-up 1.25      +48Nto +50N  dn 2-unch
Aug=   4.3950-4.4750     up 1.75-up 4.75      +35Uto +43U  unch-up 3
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Mar=   10.8475-10.8875   up 6.75-up 7.75      +36Kto +40K  dn 1-unch
Apr=   10.8775-10.8875   up 7.75-up 6.75      +39Kto +40K  unch-dn 1
May=   10.8775-10.9175   up 7.75-up 5.75      +39Kto +43K  unch-dn 2
Jun=   10.9850           up 8.5-up 7.5        +39N         unch-dn 1
Jul=   10.9850-11.0650   up 8.5-up 9.5        +39Nto +47N  unch-up 1
Aug=   11.0075-11.0975   up 8.5-up 9.5        +40Qto +49Q  unch-up 1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Mar=   NA                                       NA
NC=    5.8725-6.0225     dn 1.75              +50Nto +65N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Mar=   8.2450-8.5125     up 1.75              +70Kto +85K  unch
NC=    7.3175-7.4950     up 3.75-up 3.5        +0Zto +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            Feb 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.19                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.15                NA
US 1 Yellow Soybeans     10.46               NA
US 2 Yellow Sorghum      NA                  8.50

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

11:42  nd