Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO   Tue Oct 30, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn and soybeans closed with modest gains while wheat failed to follow and 
closed with slight losses.  Corn had modest gains on a weaker dollar and found 
support from soybeans.  Soybeans closed well off session highs but did gain back 
a little of Monday’s sharp losses.  Wheat closed with slight losses despite a 
lower dollar and strength in corn, demand remains slow for wheat.   Wheat closed 
mixed.  Corn traded 5-13 cents higher.  Soybeans closed 6-11 cents higher.


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 10/30/12      10/29/12                11/01/11

Wheat:   
   Kansas City (HRW ORD)    8.67-8.72      dn 6-1                    6.99      
   Minneapolis (DNS)           9.44 3/4    dn 3 1/2               9.37 3/4
   Portland (SWW)       8.71 3/4-8.80      N/C                    6.15-6.29
   St. Louis (SRW)             8.42        up 4                      6.08
 
Corn, US No 2 Yellow: 
   Kansas City                 7.70        up 13-8                   6.67
   Minneapolis                 7.00 3/4    up 9 3/4               6.18 1/4
   So. Iowa             7.23 3/4-7.27 3/4  up 4 3/4-5 3/4     6.32 1/4-6.37 1/4 
   Omaha                    7.62-7.68      up 5                   6.48-6.52

Soybeans, US No 1 Yellow: 
   Kansas City                15.44        up 7                     11.88
   Minneapolis                14.97 3/4    up 6 1/2              11.52 1/2
   So. Iowa            15.08 3/4-15.22 3/4 up 11 1/2-8 1/2   11.52 1/2-11.62 1/2
   Cent. Il Processor  15.41 3/4-15.51 3/4 up 9 1/2-6 1/2    11.87 1/2-12.09 1/2
 
FUTURES: 
   Kansas City (Dec) Wheat     9.02 1/4    dn 1                   7.18 1/2
   Minneapolis (Dec) Wheat     9.34 3/4    dn 3 1/2               9.05 3/4
   Chicago     (Dec) Wheat     8.56 3/4    dn 1 1/4               6.30
   Chicago     (Dec) Corn      7.41 3/4    up 4 3/4               6.54 1/4
   Chicago     (Nov) Soybeans 15.33 3/4    up 6 1/2              12.02 1/2

*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     9.77 1/4-9.87 1/4      dn 1                     7.88 1/2-7.98 1/2 
US 2 Soft Red Winter Wheat:                                   
     Barge    9.21 3/4-9.22 3/4      dn 3/4-1 1/4             6.97 1/2-7.09 1/2
Yellow Corn:                                                                
     Barge    8.09 3/4-8.11 3/4      up 7 3/4-5 3/4           7.04 1/2-7.07 1/2
US 2 Sorghum                                              
     Rail     12.88 3/4-13.06 3/4    up 8 1/2                12.30 3/4-12.32 1/2 
     Barge    13.03 1/4-13.15 3/4    up 8 1/2-17 1/2                12.67
US 2 Yellow Soybeans                 
     Barge    16.16 3/4-16.18 3/4    up 13 1/2-7 1/2         12.58 1/2-12.64 1/2

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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