Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO   Fri Dec 07, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grains fell on Friday with corn and soybeans closing with solid to sharp 
losses as wheat closed with slight losses.  Corn was lower on slowing demand and 
lack of export sales.  Soybeans erased Thursday’s gains on selling interest.  
Wheat had slight losses with the dollar index higher and slow exports.  Wheat 
closed mostly 1-2 cents lower.  Corn traded 8-15 cents lower.  Soybeans closed 
16-20 cents lower.


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 12/07/12      12/06/12                12/09/11

Wheat:   
   Kansas City (HRW ORD)    8.65-8.68      dn 2                      6.37
   Minneapolis (DNS)           9.49        up 3 3/4               8.82 1/4
   Portland (SWW)           8.81-8.86      dn 1                   5.80-5.95
   St. Louis (SRW)             8.51        dn 1                      6.01
 
Corn, US No 2 Yellow: 
   Kansas City                 7.69        dn 8-13                   6.12
   Minneapolis              7.11 1/4       dn 14 1/4                No Bid
   So. Iowa             7.26 1/4-7.29 1/4  dn 8 1/4-12 1/4    5.71 1/4-5.78 1/4
   Omaha                    7.61-7.63      dn 15-14               5.97-6.00

Soybeans, US No 1 Yellow: 
   Kansas City                14.95        dn 19                    11.17
   Minneapolis                No Bid       n/a                      No Bid
   So. Iowa            14.57 1/4-14.64 1/4 dn 16-19              10.82-10.86
   Cent. Il Processor  14.80 1/4-14.94 1/4 udn 20-19             10.97-11.13
 
FUTURES: 
   Kansas City (Mar) Wheat     9.09 3/4    dn 2 1/4               6.61 1/2
   Minneapolis (Mar) Wheat     9.34        dn 1 1/4               8.27 1/4
   Chicago     (Mar) Wheat     8.61        dn 1                   5.96     
   Chicago     (Mar) Corn      7.37 1/4    dn 14 1/4              5.94 1/4
   Chicago     (Jan) Soybeans 14.72 1/4    dn 19                 11.07

*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     9.84 3/4-9.94 3/4      dn 2 1/4                 7.11 1/2-7.31 1/2
US 2 Soft Red Winter Wheat:                                   
     Barge    9.21-9.29              dn 1-2                       6.41-6.51    
Yellow Corn:                                                                
     Barge    8.09 1/4-8.11 1/4      dn 16 1/4                6.47 1/4-6.48 1/4
US 2 Sorghum                                              
     Rail     12.80 3/4-13.52 1/4    dn 25 1/2-16 1/2        11.09 1/2-11.73 3/4
     Barge    13.09 1/4-13.43 1/4    dn 25 1/2                  11.50 1/2-11.70       
US 2 Yellow Soybeans                 
     Barge    15.84 1/4-15.87 1/4    dn 13-19                    12.76-11.80                  

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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