SJ_GR850
St. Joseph, MO Mon Feb 04, 2013 USDA-MO Dept Ag Market News
Daily National Grain Market Summary
Soybeans had solid double-digit gains while corn and wheat closed with slight
to modest losses. Outside markets were negative as Stock market closed lower
and with sharp losses in crude oil and a higher dollar index helped to pressure
corn and wheat. Soybeans found support depending on South American weather
forecast as northern areas are having excess moisture and southern areas dry
conditions. Wheat closed mostly 5 cents lower. Corn traded 1-2 cents lower.
Soybeans closed mostly 14-17 cents higher.
Grains inspected for export for week ending January 31, 2013: Wheat totaled
15.2 million bushels, dn 7.1 million bushels; corn 5.3 million bushels, dn 16.1
million bushels; sorghum 3.1 million bushels, up 1.2 million bushels and
soybeans 53.9 million bushels, up 13.0 million bushels compared to a week ago.
Year to Date: Wheat totaled 599.8 dn 74.9 million; corn 311.2 dn 400.8 million;
sorghum 39.1 million up 6.3 million, and soybeans 1004.6 up 246.3 million. Crop
marketing years begin June 1 for wheat and September 1 for corn, sorghum, and
soybeans.
DATE CHANGE YEAR AGO
TRUCK BIDS: 02/04/13 02/01/13 02/06/12
Wheat:
Kansas City (HRW ORD) 7.77-7.82 dn 5 6.94
Minneapolis (DNS) 8.67 up 1/4 9.06
Portland (SWW) 8.60-8.73 dn 5-2 6.70-7.10
St. Louis (SRW) 7.93 up 3 6.85
Corn, US No 2 Yellow:
Kansas City 7.72 up 3-dn 2 6.59-6.64
Minneapolis 7.22 1/4 dn 1 3/4 No Bid
So. Iowa 7.28 3/4-7.38 1/4 dn 1 1/4-3/4 6.35 1/4-6.40 1/4
Omaha 7.57-7.62 dn 2 6.49-6.50
Soybeans, US No 1 Yellow:
Kansas City 15.26 up 4 12.45
Minneapolis No Bid n/a No Bid
So. Iowa 14.87 3/4-14.88 3/4 up 17 1/2-14 1/2 12.17-12.24
Cent. Il Processor 15.12 3/4-15.28 3/4 up 14 1/2 12.33-12.43
FUTURES:
Kansas City (Mar) Wheat 8.17 dn 5 7.19
Minneapolis (Mar) Wheat 8.47 dn 4 3/4 8.41
Chicago (Mar) Wheat 7.63 dn 2 6.68 1/2
Chicago (Mar) Corn 7.34 1/4 dn 1 3/4 6.44 1/4
Chicago (Mar) Soybeans 14.88 3/4 up 14 1/2 12.33
*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 9.02-9.12 dn 5 7.69-7.89
US 2 Soft Red Winter Wheat:
Barge 8.35-8.37 unch-dn 3 7.36 1/2-7.41 1/2
Yellow Corn:
Barge 7.91 1/4-7.93 1/4 dn 1 3/4 7.11 1/4-7.12 1/4
US 2 Sorghum
Rail 13.38-13.82 1/2 dn 3-3 1/4 12.04-12.48 3/4
Barge 13.47-13.64 3/4 dn 3-3 1/4 n/a
US 2 Yellow Soybeans
Barge 15.60 3/4-15.71 3/4 up 14 1/2 13.01-13.07
SOURCE: USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
Greg Harrison, Market Reporter (816)238-0678
www.ams.usda.gov/LSMarketNews
1525c glh
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Daily National Grain Market Summary
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