Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Mar 20, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grains showed strength on Wednesday closing higher on solid buying interest 
and a lower dollar.  Corn received spillover support from wheat and soybeans.  
Soybeans broke a six day losing streak and closed higher with double-digit 
gains.  Wheat was higher at all three exchanges on growing concern over weather 
and crop conditions.  Wheat closed mostly 14 cents higher.  Corn traded mostly 
1-4 cents higher.  Soybeans closed 13-14 cents higher.


                              DATE         CHANGE                YEAR AGO
TRUCK BIDS:                 03/20/13      03/19/13               03/21/12

Wheat:   
   Kansas City (HRW ORD)    7.36-7.41      up 14                    6.47
   Minneapolis (DNS)           8.49 1/2    up 10 3/4             8.63 3/4
   Portland (SWW)           8.45-8.66      up 5-14               6.95-7.05
   St. Louis (SRW)             7.66        up 14                    6.51
 
Corn, US No 2 Yellow: 
   Kansas City              7.75-7.81      dn 2-up 4             6.57-6.59
   Minneapolis                 7.26 1/2    up 4                     6.17 
   So. Iowa                 7.43-7.50 1/2  up 1-dn 3             6.37-6.42    
   Omaha                    7.63-7.71      up 4-2                6.43-6.53

Soybeans, US No 1 Yellow: 
   Kansas City                14.70        up 13                   13.53
   Minneapolis                14.14 3/4    up 13                   13.23
   So. Iowa            14.25 3/4-14.32 3/4 up 14-13             13.43-3.49
   Cent. Il Processor  14.49 3/4-14.74 3/4 up 13                13.60-13.65
  
FUTURES: 
   Kansas City (May) Wheat     7.66 1/4    up 14 1/2             6.75    
   Minneapolis (May) Wheat     8.09 1/2    up 10 3/4             7.98 3/4
   Chicago     (May) Wheat     7.36        up 14                 6.36 1/4
   Chicago     (May) Corn      7.32 1/2    up 4                  6.42    
   Chicago     (May) Soybeans 14.19 3/4    up 13                13.55

*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     8.56 1/4-8.66 1/4      up 14 1/2                   7.55-7.65    
US 2 Soft Red Winter Wheat:                                   
     Barge    7.96-8.06              up 6-9                  6.91 1/4-6.96 1/4 
Yellow Corn:                                                                
     Barge    7.94 1/2-8.01 1/2      up 1-4                      7.00-7.01    
US 2 Sorghum                                              
     Rail     13.61 1/2-13.88 1/2    up 7                           n/a
     Barge    13.43 3/4-13.52 3/4    up 7 1/4               11.46 1/2-12.26 3/4
US 2 Yellow Soybeans                 
     Barge    14.87 3/4-14.88 3/4    dn 16-14                   14.11-14.13

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1535c    glh




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