Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Jan 15, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grains closed mostly higher but spent most of Tuesday drifting lower after 
and early rally.  Corn had modest gains while wheat had solid gains with 
soybeans closing with modest losses.  Grain trade continues to watch South 
American weather forecast. All three wheat exchanges posted solid rallies as dry 
conditions across the plains are supporting wheat contracts.  Wheat closed 14-16 
cents higher.  Corn traded 6-7 cents higher.  Soybeans closed mostly 4 cents 
lower.


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/15/13      01/14/13                01/17/12

Wheat:   
   Kansas City (HRW ORD)    7.95-8.00      up 14                     6.48
   Minneapolis (DNS)        8.81 1/4       up 13 1/2              8.58 1/2
   Portland (SWW)           8.50-8.70      up 3-10                6.20-6.30
   St. Louis (SRW)             7.98        up 16                     6.15
 
Corn, US No 2 Yellow: 
   Kansas City                 7.69        up 7                   6.16-6.19
   Minneapolis                 7.13 1/2    up 6 1/2                 No Bid
   So. Iowa             7.21 1/2-7.34 1/2  up 11 1/2-6 1/2        5.89-5.94
   Omaha                    7.54-7.58      up 6                   6.04-6.07

Soybeans, US No 1 Yellow: 
   Kansas City                14.58        dn 4                     11.74
   Minneapolis                No Bid       n/a                      No Bid
   So. Iowa            14.10 1/2-14.14 1/2 dn 1 1/2-4 1/2    11.57 1/2-11.65 1/2
   Cent. Il Processor  14.48 1/2-14.53 1/2 dn 4 1/2          11.73 1/2-11.84 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     8.38 1/4    up 14 3/4              6.73
   Minneapolis (Mar) Wheat     8.66 1/4    up 13 1/2              8.08 1/2
   Chicago     (Mar) Wheat     7.82 3/4    up 15 3/4              6.04 3/4
   Chicago     (Mar) Corn      7.30 1/2    up 6 1/2               6.04
   Chicago     (Mar) Soybeans 14.13 1/2    dn 4 1/2              11.83 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     9.23 1/4-9.33 1/4      up 14 3/4                    7.23-7.43
US 2 Soft Red Winter Wheat:                                   
     Barge    8.45 3/4-8.54 3/4      up 18 3/4-15 3/4         6.59 3/4-6.69 3/4
Yellow Corn:                                                                
     Barge    7.84 1/2-7.89 1/2      up 6 1/2-7 1/2               6.62-6.68
US 2 Sorghum                                              
     Rail     13.31 1/4-13.58        up 11 1/2               11.26 3/4-11.94 3/4
     Barge    13.22 1/4-13.40 1/4    up 2 1/2-11 3/4             11.85 3/4
US 2 Yellow Soybeans                 
     Barge    15.17 1/2-15.24 1/2    dn 7 1/2-8 1/2          12.49 1/2-12.51 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 
              
1526c    glh





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