JO_GR112
Portland, OR    Wed  Jan 03, 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
Jan=   4.8600-4.8800     up 2.5               +50Hto +52H  unch
Feb=   4.8600-4.9000     up 2.5               +50Hto +54H  unch
Mar=   4.8600-4.9000     up 2.5               +50Hto +54H  unch
Apr=   4.9325-4.9625     up 2-unch            +45Kto +48K  unch-dn 2
May=   4.9325-4.9625     up 2-unch            +45Kto +48K  unch-dn 2
Jun=   5.0075            up 1                 +40N         unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Jan=   3.8900-3.9600     dn 0.25              +36Hto +43H  unch
Feb=   3.8900-3.9600     dn 0.25              +36Hto +43H  unch
Mar=   3.8900-3.9600     dn 0.25-dn 1.25      +36Hto +43H  unch-dn 1
Apr=   3.9725-4.0025     unch-up 2            +36Kto +39K  unch-up 2
May=   3.9625-4.0125     unch-up 1            +35Kto +40K  unch-up 1
Jun=   NA                                       NA
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Jan=   9.9375-9.9475     up 4.75-up 3.75      +34Fto +35F  unch-dn 1
Feb=   9.9875-10.0175    up 4-up 2            +30Hto +33H  unch-dn 2
Mar=   9.9875-10.0175    up 4-up 2            +30Hto +33H  unch-dn 2
Apr=   10.0750           up 3.75              +28K         unch
May=   10.0750-10.0950   up 3.75              +28Kto +30K  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=   5.2100-5.3100     up 6.25              +80Hto +90H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Jan=   8.0900            dn 0.5              +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

11:46  nd