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 JO_GR112
Portland, OR    Mon  Apr 16, 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
Apr=   5.2025-5.3425     dn 10.25             +58Kto +72K  unch
May=   5.2025-5.3225     dn 10.25             +58Kto +70K  unch
Jun=   5.1900-5.3100     dn 10.25             +40Nto +52N  unch
Jul=   5.1900-5.3100     dn 10.25             +40Nto +52N  unch
Aug=   5.3750-5.4250     dn 10.25             +40Uto +45U  unch
Sep=   5.3950-5.4250     dn 10.25             +42Uto +45U  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Apr=   4.4650-4.5050     up 1.25-dn 5.75      +64Kto +68K  up 5-dn 2
May=   4.4450            up 1.25-dn 6.75      +62K         up 5-dn 3
Jun=   4.4700-4.5000     dn 1.5               +56Nto +59N  up 2
Jul=   4.4700-4.5100     dn 2.5-dn 0.5        +56Nto +60N  up 1-3
Aug=   4.4325-4.4825     up 1.75-dn 2.25      +45Uto +50U  up 5-1
Sep=   4.4625-4.4825     up 1.75-dn 2.25      +48Uto +50U  up 5-1
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Apr=   11.0700-11.1200   dn 7.25-dn 13.25     +65Kto +70K  up 5-dn 1
May=   11.0700-11.1100   dn 6.25-dn 13.25     +65Kto +69K  up 6-dn 1
Jun=   11.0725-11.1225   dn 12.75-dn 11.75    +54Nto +59N  dn 1-unch
Jul=   11.1125-11.1225   dn 12.75-dn 11.75    +58Nto +59N  dn 1-unch
Aug=   11.1350           dn 11-dn 13          +60Q         unch-dn 2
Sep=   10.9425-11.0025   dn 9.25-dn 10.25     +54Xto +60X  unch-dn 1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Apr=   5.4300-6.0700     no comp              +65Kto +110N no comp
NC=    5.6200-6.0700     dn 18-up 12          +65Nto +110N unch-up 30
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Apr=   8.0800-8.0975     no comp              +70Kto +71K  no comp
NC=    7.0925-7.2725     no comp              -10Zto +0Z   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            Mar 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.41                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         4.36                NA
US 1 Yellow Soybeans     10.80               NA
US 2 Yellow Sorghum      NA                  8.22

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

11:37  nd 
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