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 JO_GR112
Portland, OR    Fri  Jan 12, 2018    USDA Market News

***THIS REPORT WILL NOT BE ISSUED MONDAY JANUARY 15 DUE TO THE HOLIDAY***

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
Jan=   4.7050-4.7550     dn 12.75             +50Hto +55H  unch
Feb=   4.7050            dn 12.75             +50H         unch
Mar=   4.7050-4.7450     dn 12.75             +50Hto +54H  unch
Apr=   4.7925-4.8125     dn 12.5              +45Kto +47K  unch
May=   4.7925-4.8125     dn 12.5              +45Kto +47K  unch
Jun=   4.8650-4.8850     dn 12.25             +40Nto +42N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   3.8625-3.9425     dn 2.5-dn 1.5        +40Hto +48H  unch-up 1
Feb=   3.8625-3.9325     dn 2.5               +40Hto +47H  unch
Mar=   3.8625-3.9225     dn 2.5-dn 1.5        +40Hto +46H  unch-up 1
Apr=   3.9175-3.9475     dn 2.25              +37Kto +40K  unch
May=   3.8975-3.9475     dn 2.25              +35Kto +40K  unch
Jun=   3.9475-3.9575     dn 2.25-dn 3.25      +32Nto +33N  unch-dn 1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   10.0250-10.0750   up 11.5-up 13.5      +42Hto +47H  up 1-3
Feb=   9.9650-10.0050    up 10.5              +36Hto +40H  unch
Mar=   9.9450-10.0050    up 10.5              +34Hto +40H  unch
Apr=   9.9800-10.0200    up 8-up 11           +26Kto +30K  dn 3-unch
May=   10.0400           up 14-up 11          +32K         up 3-unch
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Jan=   NA                                       NA
NC=    5.0525-5.1525     dn 14                +50Nto +60N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   7.9700            dn 4.25             +100H         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            Dec 2017
                         Louisiana           Texas
US 2 SRW Wheat           4.70                NA
US 1 HRW Wheat           NA                  5.00
US 2 Yellow Corn         3.78                NA
US 1 Yellow Soybeans     9.96                NA
US 2 Yellow Sorghum      NA                  7.92

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

11:35  nd 
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