Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Feb 19, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Soybeans posted sharp gains while corn and wheat struggled.  Soybeans had 
strong buying interest and announced sale of 120,000 mt to China.  Corn could 
not capitalize on soybeans gains while wheat struggled as the latest winter 
storm could provide needed moisture to key growing areas.  Wheat closed 2-10 
cents lower.  Corn traded 3-4 cents lower.  Soybeans closed 45-48 cents higher.


                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/19/13      02/15/13              02/21/12

Wheat:   
   Kansas City (HRW ORD)      7.36         dn 2-7               6.52-6.54
   Minneapolis (DNS)          8.40 3/4     dn 7 3/4             8.66 3/4
   Portland (SWW)           8.53-8.72 1/4  unch-dn 10           6.85-7.10
   St. Louis (SRW)            7.72         dn 10                   6.48
 
Corn, US No 2 Yellow: 
   Kansas City              7.30-7.35      dn 4                 6.45-6.50
   Minneapolis                6.88 1/4     dn 3 1/2               No Bid
   So. Iowa             6.98 1/4-7.07 1/4  dn 3 1/2         6.21 1/2-6.24 1/2 
   Omaha                    7.15-7.23      dn 4                 6.38-6.40

Soybeans, US No 1 Yellow: 
   Kansas City                15.05        up 45                  12.79
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.70 1/4-14.75 1/4 up 45 3/4-48 3/4    12.51-12.55
   Cent. Il Processor  15.00 1/4-15.10 1/4 up 45 3/4           12.75-12.86
 
FUTURES: 
   Kansas City (Mar) Wheat     7.69        dn 8 1/2             6.77 
   Minneapolis (Mar) Wheat     815 3/42    dn 7 3/4             8.16 3/4
   Chicago     (Mar) Wheat     7.32 1/4    dn 10                6.33
   Chicago     (Mar) Corn      6.95 1/4    dn 3 1/2             6.29 1/2 
   Chicago     (Mar) Soybeans 14.70 1/4    up 45 3/4           12.71

*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     8.54-8.69              dn 8 1/2                   7.27-7.47 
US 2 Soft Red Winter Wheat:                                   
     Barge    8.07 1/4-8.10 1/4      dn 10                      6.93-6.98
Yellow Corn:                                                                
     Barge    7.58 1/4-7.64 1/4      dn 3 1/2-up 1 1/2      6.96 1/2-7.00 1/2 
US 2 Sorghum                                              
     Rail     12.59 1/4-13.13        dn 6 1/4              11.77 3/4-12.22 1/4
     Barge    12.77 1/4-13.21 3/4    dn 6 1/4              11.77 3/4-12.22 1/4
US 2 Yellow Soybeans                 
     Barge    15.46 1/4-15.50 1/4    up 45 3/4-43 3/4          13.47-13.49

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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