Daily National Grain Market Summary
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St. Joseph, MO Tue Oct 16, 2012 USDA-MO Dept Ag Market News
Daily National Grain Market Summary
Grains closed near unchanged from Monday’s close as grains seemed unsure of
which direction to move as buyers were hesitant to establish positions after
Monday’s sharp losses. Corn harvest remains at a brisk pace with 79 percent
completed with soybeans not far behind at 71 percent harvested and with winter
wheat plantings 71 percent completed. Wheat closed slightly mixed. Corn traded
1-3 cents higher. Soybeans closed mostly 1 cent higher.
DATE CHANGE YEAR AGO
TRUCK BIDS: 10/16/12 10/15/12 10/18/11
Wheat:
Kansas City (HRW ORD) 8.53 up 2 6.82
Minneapolis (DNS) 9.34 1/2 up 3 1/2 8.98 1/2
Portland (SWW) 8.60-8.62 3/4 N/C 6.10-6.25
St. Louis (SRW) 8.28 dn 1 6.04
Corn, US No 2 Yellow:
Kansas City 7.53-7.58 up 1-3 6.39-6.44
Minneapolis 7.05 1/4 unch 6.15
So. Iowa 7.19 1/4-7.23 1/4 up 1-dn 1 6.34-6.41
Omaha 7.53-7.58 up 1 6.39-6.42
Soybeans, US No 1 Yellow:
Kansas City 14.94 up 1 12.21-12.26
Minneapolis 14.74 3/4 up 1 1/4 12.19 3/4
So. Iowa 14.78 3/4-14.84 3/4 dn 3/4-up 3/4 12.32 3/4-12.39 3/4
Cent. Il Processor 14.98 3/4-15.08 3/4 dn 3 3/4-up 1 1/4 12.44 3/4-12.60 3/4
FUTURES:
Kansas City (Dec) Wheat 8.82 3/4 up 1 1/2 7.11 1/2
Minneapolis (Dec) Wheat 9.24 1/4 up 3 1/2 9.06 1/2
Chicago (Dec) Wheat 8.47 3/4 dn 1/2 6.25 1/4
Chicago (Dec) Corn 7.38 1/4 up 1 6.44
Chicago (Nov) Soybeans 14.93 3/4 up 1 1/4 12.50 3/4
*EXPORT BIDS: Barge bids out of the Port of New Orleans, or Rail out of the
North Texas Gulf. Bids per bushel, except sorghum per cwt.
US 1 HRW Wheat, Ord Protein:
Rail 9.52 3/4-9.67 3/4 up 1 1/2 7.81 1/2-7.91 1/2
US 2 Soft Red Winter Wheat:
Barge 9.04 3/4-9.05 3/4 dn 1/2 6.84 3/4-6.87 3/4
Yellow Corn:
Barge 8.02 1/4-8.03 1/4 up 2-unch 7.10 1/2-7.12 1/2
US 2 Sorghum
Rail 12.38-12.64 3/4 up 1 3/4 12.12 1/2-12.21 1/2
Barge 12.98 3/4-13.00 1/2 up 2-1 3/4 12.29 1/2-12.38 1/2
US 2 Yellow Soybeans
Barge 15.67 3/4-15.71 3/4 up 1 1/4-3 1/4 13.05-13.13
SOURCE: USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
Greg Harrison, Market Reporter (816)238-0678
www.ams.usda.gov/LSMarketNews
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