Daily National Grain Market Summary

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St. Joseph, MO   Fri Jun 06, 2014    USDA-MO Dept Ag Market News
Daily National Grain Market Summary

   Grain and soybean bids traded slight to moderately higher.  Some support came 
from too much rain in some areas early in the week.  More rain is in the 
forecast across the corn-belt over the weekend.  Soybean basis were lower in 
some locations as elevators and processors have adequate supplies.  Areas of the 
HRW wheat region saw moisture delaying harvest.  Wheat was mostly 12-21 cents 
higher.  Corn was 10-13 cents higher.  Sorghum was 17 cents higher.  Soybeans 
were slightly higher to 6 cents lower.

                               DATE         CHANGE                YEAR AGO
TRUCK BIDS:                  06/06/14       06/05/14              06/07/13

   Kansas City (HRW ORD)     7.25 1/2       up 21 1/2             7.35-7.38
   Minneapolis (DNS)         7.49 1/4       up 18 3/4             8.54 3/4
   Portland (SWW)        6.95 3/4-7.25      up                       N/A      
   St. Louis (SRW)           6.22-6.28      up 14-13                 7.16
Corn, US No 2 Yellow: 
   Kansas City               4.66-4.69      up 10                 7.34-7.36
   Minneapolis                  4.40        up 11                 6.89 1/4
   So. Iowa                  4.64-4.67      up 10-12          7.09 1/4-7.16 1/4
   Omaha                     4.56-4.59      up 10                 7.31-7.33

Soybeans, US No 1 Yellow:    
   Kansas City                 14.81        up 3/4                  15.31
   Minneapolis                 14.37        dn 6 1/2             15.29 1/4
   So. Iowa                  14.55-14.69    dn 3 1/2-up 1/4  15.37 1/4-15.47 1/4
   Cent. Il Processor        14.77-15.02    up 3/4-3 3/4     15.76 1/4-15.83 1/4
   Kansas City (Jul) Wheat     7.35 1/2     up 21 1/2             7.35
   Minneapolis (Jul) Wheat     7.09 1/4     up 18 3/4             8.19 3/4
   Chicago     (Jul) Wheat     6.18 1/4     up 12 1/2             6.96 1/4
   Chicago     (Jul) Corn      4.59         up 10                 6.66 1/4
   Chicago     (Aug) Soybeans 14.01         up 3/4               14.56 1/4

*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     8.45 1/2-8.60 1/2      up 21 1/2                    8.65-8.66 
US 2 Soft Red Winter Wheat:                                  
     Barge    6.60 1/4-6.64 1/4      up 12 1/2                7.48 1/4-7.51 1/4
Yellow Corn:                                                                
     Barge    5.24-5.26              up 13-12                 7.63 1/4-7.73 1/4
US 2 Sorghum                                              
     Rail     9.26 3/4-9.53 1/2      up 17 3/4               10.77 3/4-11.13 1/2
     Barge       N/A                 n/a                             n/a
US 2 Yellow Soybeans    
    Barge     15.25-15.27            dn 3 1/2-2 1/2          15.98 1/4-16.01 1/4

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)676-7000
1533c    bro

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