JO_GR112 Portland, OR Thu Jul 07, 2016 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, dollars per bushel, except sorghum per cwt. Bids as of 11:30 Central time; Subject to change. In early trading bids were not fully established but were indicated as follows for Louisiana: soft red winter wheat higher, yellow corn higher soybeans were lower and yellow sorghum was not available. Texas cash bids were indicated as lower for hard red winter wheat and higher for yellow sorghum. Louisiana Morning bids and basis for US 2 Soft Red Winter Wheat Cash Bids Basis Jul= 4.5775-4.5875 +29U to +30U Aug= 4.6375 +35U Sep= 4.7375-4.7875 +45U to +50U Oct= 4.9925-5.0925 +50Z to +60Z Nov= 4.9925-5.0925 +50Z to +60Z Dec= 4.9925-5.0925 +50Z to +60Z _ Louisiana Morning bids and basis for US 2 Yellow Corn Cash Bids Basis Jul= 4.0375-4.1275 +60U to +69U Aug= 4.0775-4.0875 +64U to +65U Sep= 4.1375-4.1575 +70U to +72U Oct= 4.2250 +72Z Nov= 4.1950-4.2050 +69Z to +70Z Dec= 4.1750 +67Z _ Louisiana Morning bids and basis for US 1 Yellow Soybeans Cash Bids Basis Jul= 11.5700-11.5800 +79Q to +80Q Aug= 11.5600-11.6000 +78Q to +82Q Sep= 11.4450-11.5250 +96X to +104X Oct= 11.3350-11.3750 +85X to +89X Nov= 11.3050-11.3250 +82X to +84X Dec= 11.2850 +80F _ Louisiana Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Jul= NA NA Aug= 6.4375-6.8850 +10Z to +35Z Sep= 6.4375-6.8850 +10Z to +35Z _ Texas Morning bids and basis for US 1 Hard Red Winter Wheat Cash Bids Basis Jul= 3.9350-4.2850 -20U to +15U _ Texas Morning bids and basis for US 2 Yellow Sorghum Cash Bids Basis Jul= 6.2600 +0Z _ 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 for Jun 2016 Louisiana Texas US 2 SRW Wheat 5.16 NA US 1 HRW Wheat NA 4.80 US 2 Yellow Corn 4.61 NA US 1 Yellow Soybeans 11.92 NA US 2 Yellow Sorghum NA 7.56 Source: USDA Market News Service, Portland, OR Niki Davila 503-326-2237 Portland.LPGMN[a]ams.usda.gov www.ams.usda.gov/mnreports/jo_gr112.txt www.ams.usda.gov/lpsmarketnewspage 8:51 nd Stock Market Quotes, Business News, Financial News from http://commodity-market-news.com
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