Daily National Grain Market Summary

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

SJ_GR850
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

Wheat:   
   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
  
FUTURES: 
   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
         www.ams.usda.gov/LSMarketNews 
              
1533c    bro






Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Related Articles

No matching related articles at this time.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Demco 1400 Grain Cart

Demco offers a 1400 bushel grain cart to provide unmatched efficiency and operator convenience. In addition to the large 1400 ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form