Daily National Grain Market Summary

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SJ_GR850
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 
              
1515c    glh







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