Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO   Wed Dec 05, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Soybeans closed with sharp gains as corn and wheat had modest gains.  
Spillover support from soybeans help to support corn and wheat prices.  Soybeans 
found good buying interest on good demand.  Wheat closed with modest gains on 
strength in soybeans as the main concern remains the on going draught in the 
Southern Plains.  Wheat closed 3-10 cents higher.  Corn traded 5-7 cents higher.  
Soybeans closed mostly 20-23 cents higher.  


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 12/05/12      12/04/12                12/07/11

Wheat:   
   Kansas City (HRW ORD)    8.63-8.66      up 10-8                   6.36
   Minneapolis (DNS)        9.42 1/4       up 3                   8.78 1/4
   Portland (SWW)           8.80-8.85      up 3 1/2-8 1/2         5.85-5.95
   St. Louis (SRW)             8.50        up 3                      6.00
 
Corn, US No 2 Yellow: 
   Kansas City              7.83-7.88      up 6                      6.11
   Minneapolis              7.32 3/4       up 10 3/4                No Bid
   So. Iowa             7.42 3/4-7.47 3/4  up 7 3/4-5 3/4     5.72 3/4-5.82 3/4
   Omaha                    7.82-7.83      up 6                   5.96-5.99

Soybeans, US No 1 Yellow: 
   Kansas City                15.02        up 23                    11.41
   Minneapolis                No Bid       n/a                      No Bid
   So. Iowa            14.61 1/4-14.71 1/4 up 23 3/4-20 3/4      11.06-11.26
   Cent. Il Processor  14.85 1/4-14.99 1/4 up 23 3/4-33 3/4      11.35-11.38
 
FUTURES: 
   Kansas City (Mar) Wheat     9.07 3/4    up 5 1/4               6.61 1/4
   Minneapolis (Mar) Wheat     9.32 1/4    up 3                   8.23 1/4
   Chicago     (Mar) Wheat     8.60        up 3 1/2               6.00 1/2
   Chicago     (Mar) Corn      7.57 3/4    up 5 3/4               5.92 3/4
   Chicago     (Jan) Soybeans 14.79 1/4    up 23 3/4             11.31

*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     9.82 3/4-9.92 3/4      up 15 1/4-5 1/4          7.11 1/4-7.31 1/4
US 2 Soft Red Winter Wheat:                                   
     Barge    9.20-9.25              up 3 1/2-1 1/2           6.47 1/2-6.58 1/2
Yellow Corn:                                                                
     Barge    8.31 3/4-8.33 3/4      up 6 3/4-5 3/4           6.46 3/4-6.48 3/4
US 2 Sorghum                                              
     Rail     13.17 1/2-13.80        up 10 1/4               11.06 3/4-11.71
     Barge    13.44 1/4-13.80        up 10 1/4               11.47 3/4-11.65 1/2
US 2 Yellow Soybeans                 
     Barge    15.85 1/4-15.94 1/4    up 23 3/4-31 3/4            12.00-12.03

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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