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 JO_GR112
Portland, OR    Wed  Feb 14, 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
Feb=   5.1575-5.2075     dn 5                 +60Hto +65H  unch
Mar=   5.1575-5.2075     dn 5                 +60Hto +65H  unch
Apr=   5.1925-5.2125     dn 4.5               +50Kto +52K  unch
May=   5.1925-5.2225     dn 4.5               +50Kto +53K  unch
Jun=   5.2375-5.2575     dn 3.75              +40Nto +42N  unch
Jul=   5.2375-5.2575     dn 3.75              +40Nto +42N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Feb=   4.1225-4.1525     up 0.5               +45Hto +48H  unch
Mar=   4.1225-4.1525     up 0.5               +45Hto +48H  unch
Apr=   4.1675-4.1875     up 0.5               +42Kto +44K  unch
May=   4.1475-4.1875     up 0.5               +40Kto +44K  unch
Jun=   4.1450-4.2050     up 0.5               +32Nto +38N  unch
Jul=   4.1550-4.1950     up 0.5               +33Nto +37N  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Feb=   10.5225-10.5325   up 5.5               +35Hto +36H  unch
Mar=   10.5225-10.5425   up 5.5               +35Hto +37H  unch
Apr=   10.5375-10.5775   up 5.5               +26Kto +30K  unch
May=   10.5675-10.6275   up 5.5               +29Kto +35K  unch
Jun=   10.6650-10.7150   up 5.5               +29Nto +34N  unch
Jul=   10.6650-10.7150   up 5.5               +29Nto +34N  unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Feb=   NA                                       NA
NC=    5.5200-5.6700     dn 4.75              +50Nto +65N  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Feb=   8.3425-8.7000     up 0.75             +100Hto +120H 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            Jan 2018
                         Louisiana           Texas
US 2 SRW Wheat           4.85                NA
US 1 HRW Wheat           NA                  5.23
US 2 Yellow Corn         3.96                NA
US 1 Yellow Soybeans     10.14               NA
US 2 Yellow Sorghum      NA                  8.09

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

11:55  nd 
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