Cash grain bids / Louisiana / Louisiana and Texas Export Bids / 2022-05-16

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Feed & Hay — the cost side, cash not futures

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Louisiana and Texas Export Bids

Louisiana · Portland · Mon, May 16
● Bids as filed12 quotesUSDA AMS · slug 3147

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Gulf Coast Ports - LA
Export ElevatorsUS #1C.I.F.17.7650–17.8050/bu+0.10+120–+124¢/BuJuly (N)—
Export ElevatorsUS #1C.I.F.17.7650/bu+0.10+120¢/BuJuly (N)—
Export ElevatorsUS #1C.I.F.17.5850–17.5950/bu+0.10+102–+103¢/BuJuly (N)16.6300
Export ElevatorsUS #1C.I.F.17.1725–17.3225/bu+0.12+110–+125¢/BuAugust (Q)—
Export ElevatorsUS #1C.I.F.17.1725–17.2725/bu+0.12+110–+120¢/BuAugust (Q)—
Export ElevatorsUS #1C.I.F.16.5700/bu+0.14+145¢/BuNovember (X)15.0550
Export ElevatorsUS #1C.I.F.16.5200–16.5700/bu+0.14+140–+145¢/BuNovember (X)14.9550
Export ElevatorsUS #1C.I.F.16.2400–16.2800/bu+0.14+112–+116¢/BuNovember (X)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Gulf Coast Ports - LA
Export ElevatorsUS #2C.I.F.8.9550–8.9950/bu+0.28+86–+90¢/BuJuly (N)7.3350
Export ElevatorsUS #2C.I.F.8.8950–8.9450/bu+0.28+80–+85¢/BuJuly (N)7.1550

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Gulf Coast Ports - LA
Export ElevatorsUS #2C.I.F.12.7250–12.8750/bu+0.70+25–+40¢/BuJuly (N)7.5625
Export ElevatorsUS #2C.I.F.12.7250–12.8250/bu+0.70+25–+35¢/BuJuly (N)7.5625
Source: USDA AMS · Portland, OR. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.