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USDA-JO: Louisiana and Texas Gulf Export Port Bids

Portland, OR - Thu Dec 07, 2017 - 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
Dec=   4.7450            up 18.25-dn 3.75     +53H         up 22-unch
Jan=   4.6950-4.7150     dn 0.75-dn 1.75      +48Hto +50H  up 3-2
Feb=   4.6950-4.7150     dn 0.75-dn 3.75      +48Hto +50H  up 3-unch
Mar=   4.6950-4.7450     dn 0.75-dn 3.75      +48Hto +53H  up 3-unch
Apr=   4.8000-4.8300     dn 1-dn 2            +45Kto +48K  up 2-1
May=   4.8000-4.8300     dn 3-dn 2            +45Kto +48K  unch-up 1
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   3.7750-3.8050     dn 1.25-dn 5.25      +26Hto +29H  unch-dn 4
Jan=   3.8550-3.8750     dn 3.25              +34Hto +36H  dn 2
Feb=   3.8750-3.8950     dn 1.25-dn 5.25      +36Hto +38H  unch-dn 4
Mar=   3.8750-3.9350     dn 1.25-dn 2.25      +36Hto +42H  unch-dn 1
Apr=   3.9600-4.0300     unch-up 6            +36Kto +43K  up 1-7
May=   3.9500            dn 1                 +35K         unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   10.0600-10.1800   dn 10.75             +14Fto +26F  unch
Jan=   10.2200-10.2600   dn 9.75-dn 10.75     +30Fto +34F  up 1-unch
Feb=   10.3025-10.3425   dn 14.5-dn 10.5      +26Hto +30H  dn 4-unch
Mar=   10.3425-10.3525   dn 10.5-dn 12.5      +30Hto +31H  unch-dn 2
Apr=   10.4275           dn 10.5-dn 13.5      +28K         unch-dn 3
May=   10.4275-10.4475   dn 12.5-dn 11.5      +28Kto +30K  dn 2-1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.0075-5.1075     up 34.75-up 29.75    +80Hto +90H  no comp
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   8.0625            up 66.5-up 39.75    +100H         no comp
_
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            Nov 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.78                NA
US 1 HRW Wheat           NA                  4.89
US 2 Yellow Corn         3.78                NA
US 1 Yellow Soybeans     10.06               NA
US 2 Yellow Sorghum      NA                  7.60

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

13:36  nd

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