Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO   Thu Nov 29, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn was under pressure Thursday closing with modest losses as wheat followed 
corn lower and soybeans closed slightly higher.  Despite lower dollar index 
wheat closed lower following corn.  Corn had weak export sales of 236,100 mt 
(9.3 mb) for current marketing year.  Soybeans had export sales above 
expectations at 319,100 mt (11.7 mb) for current marketing year.  Wheat had 
export sales below expectations at 279,300 mt (10.3 mb) for current marketing 
year.  Wheat closed 1-7 cents lower.  Corn traded 5-8 cents lower.  Soybeans 
closed 1-2 cents higher.


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 11/29/12      11/28/12                12/01/11

Wheat:   
   Kansas City (HRW ORD)       8.87        dn 1                   6.39-6.41
   Minneapolis (DNS)        9.61 1/4       dn 1 1/2               8.87 1/4
   Portland (SWW)           8.80-9.95 1/2  dn 11-6 1/4            5.85-5.90
   St. Louis (SRW)             8.59        dn 7                      6.22
 
Corn, US No 2 Yellow: 
   Kansas City                 7.87        dn 8                      6.20
   Minneapolis                 7.23 1/2    dn 9 3/4                 No Bid
   So. Iowa             7.34 1/2-7.41 1/2  dn 8 1/4-7 3/4     5.83 3/4-5.85 3/4
   Omaha                    7.79-7.80      dn 5-8                 6.09-6.10

Soybeans, US No 1 Yellow: 
   Kansas City                14.68        up 2                     11.38
   Minneapolis                No Bid       n/a                      No Bid
   So. Iowa                14.30-14.38     up 3/4-dn 1/4         11.19-11.22    
   Cent. Il Processor      14.52-14.68     up 1 3/4              11.33-11.38    
 
FUTURES: 
   Kansas City (Dec) Wheat     9.17 1/4    dn 1                   
               (Mar) Wheat     9.35        dn 1 1/4               6.69
   Minneapolis (Dec) Wheat     9.31 1/4    dn 7 1/2               
               (Mar) Wheat     9.51 1/4    dn 1 1/2               8.32 1/4
   Chicago     (Dec) Wheat     8.69 1/4    dn 6 3/4               
               (Mar) Wheat     8.85 1/2    dn 5 3/4               6.14 1/4
   Chicago     (Dec) Corn      7.51 1/2    dn 8 3/4               
               (Mar) Corn      7.58 3/4    dn 5 1/4               6.01 1/2
   Chicago     (Jan) Soybeans 14.48        up 1 3/4              11.28

*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     9.92 1/4-10.02 1/4     dn 1                         7.19-7.29
US 2 Soft Red Winter Wheat:                                   
     Barge    9.60 1/2-9.64 1/2      dn 10 3/4-11 3/4             6.72-6.82    
Yellow Corn:                                                                
     Barge    8.31 1/2-8.36 1/2      dn 8 3/4                 6.57 3/4-6.58 3/4
US 2 Sorghum                                              
     Rail     13.06 1/4-13.59 3/4    dn 15 1/2-15 3/4        11.22 1/4-11.86 1/2
     Barge    13.27 3/4-13.51        up 23 3/4-7 3/4         11.69 1/4-12.05    
US 2 Yellow Soybeans                 
     Barge    15.44-15.49            up 1 3/4                    11.96-12.01    

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1527c    glh





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