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 JO_GR112
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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