JO_GR112
Portland, OR    Tue  Aug 04, 2020    USDA Market News

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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
Aug=   5.6825-5.7325     dn 12.75             +60Uto +65U  unch
Sep=   5.7325-5.8125     dn 12.75-dn 9.75     +65Uto +73U  unch-up 3
Oct=   5.8150-6.0150     dn 12.75-dn 7.75     +65Zto +85Z  unch-up 5
Nov=   5.8150-5.9650     dn 12.75-dn 7.75     +65Zto +80Z  unch-up 5
Dec=   5.8150-5.9650     dn 12.75-dn 7.75     +65Zto +80Z  unch-up 5
Jan=   NA                                       NA
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Aug=   3.5825-3.6125     dn 12.25-dn 13.25    +50Uto +53U  dn 3-4
Sep=   3.6325-3.6525     dn 11.25-dn 12.25    +55Uto +57U  dn 2-3
Oct=   3.7125-3.7425     dn 11.25-dn 9.25     +51Zto +54Z  dn 3-1
Nov=   3.7325-3.7725     dn 12.25-dn 9.25     +53Zto +57Z  dn 4-1
Dec=   3.7625-3.7925     dn 11.25-dn 9.25     +56Zto +59Z  dn 3-1
Jan=   3.8825            no comp              +56H         no comp
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Aug=   9.5575-9.5675     dn 12.75-dn 13.75    +72Qto +73Q  up 1-unch
Sep=   9.5375-9.5575     dn 15.5              +72Xto +74X  dn 1
Oct=   9.5175-9.5575     dn 16.5-dn 14.5      +70Xto +74X  dn 2-unch
Nov=   9.5475-9.5775     dn 15.5-dn 14.5      +73Xto +76X  dn 1-unch
Dec=   9.5500-9.5600     dn 11.75-dn 15.75    +67Fto +68F  up 2-dn 2
Jan=   9.5300-9.5600     no comp              +65Fto +68F  no comp
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Aug=   NA                                       NA
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Aug=   7.7725-8.3975     dn 14.75            +115Zto +150Z 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            Jun 2020
                         Louisiana           Texas
US 2 SRW Wheat           5.46                NA
US 1 HRW Wheat           NA                  5.40
US 2 Yellow Corn         3.76                NA
US 1 Yellow Soybeans     9.26                NA
US 2 Yellow Sorghum      NA                  7.75

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