JO_GR112
Portland, OR    Tue  Aug 11, 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=   5.5000            up 4                 +55U         unch
Sep=   5.5500-5.5700     up 4-up 1            +60Uto +62U  unch-dn 3
Oct=   5.6875-5.7375     up 4-dn 1            +65Zto +70Z  unch-dn 5
Nov=   5.6875-5.7375     up 4                 +65Zto +70Z  unch
Dec=   5.6875-5.7875     up 4-up 9            +65Zto +75Z  unch-up 5
Jan=   5.7575-5.8575     up 3.5-up 8.5        +65Hto +75H  unch-up 5
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Aug=   3.5950-3.6250     up 1-up 4            +48Uto +51U  unch-up 3
Sep=   3.6450-3.6550     up 2-up 1            +53Uto +54U  up 1-unch
Oct=   3.7150-3.7350     up 0.5               +48Zto +50Z  unch
Nov=   3.7350-3.7750     up 0.5-up 1.5        +50Zto +54Z  unch-up 1
Dec=   3.7850-3.8050     up 0.5-dn 0.5        +55Zto +57Z  unch-dn 1
Jan=   3.8925            up 0.5               +54H         unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Aug=   9.5000-9.5300     up 1.5-up 3.5        +72Qto +75Q  unch-up 2
Sep=   9.4450-9.4750     dn 0.75-up 0.25      +71Xto +74X  dn 1-unch
Oct=   9.4250-9.4750     up 2.25-up 0.25      +69Xto +74X  up 2-unch
Nov=   9.4750-9.4950     up 1.25-up 0.25      +74Xto +76X  up 1-unch
Dec=   9.4500-9.4700     up 1.75-dn 0.25      +66Fto +68F  up 2-unch
Jan=   9.4600-9.4700     up 2.75-dn 0.25      +67Fto +68F  up 3-unch
_
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=   8.4550-8.9025     up 0.75-up 1        +150Zto +175Z 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            Jul 2020
                         Louisiana           Texas
US 2 SRW Wheat           5.79                NA
US 1 HRW Wheat           NA                  NA
US 2 Yellow Corn         3.88                NA
US 1 Yellow Soybeans     9.60                NA
US 2 Yellow Sorghum      NA                  7.93

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

11:42  nd