Kansas City, MO Truck Grain Bids

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SJ_GR112
St. Joseph, MO     Wed, May 02, 2012     USDA-MO Dept of Ag Market News

Truck bids for Grains Delivered to Kansas City
(Price per bushel except Sorghum price per cwt.)

SPOT                Bids        Change (¢/bu)        Basis          Change
HRW Wheat:
 Ord Protein       5.9900           DN 26            -32N            UNCH
SRW Wheat          5.9000           DN 28            -25N            UNCH
Yellow Corn     6.3200-6.3700       DN 17         20N to 25N         UNCH
Yellow Sorghum 10.2100-10.3000      DN 40        -40N to -35N        DN 5
Yellow Soybeans    14.8700          DN 19             2N             UNCH

FORWARD CASH BIDS FOR New Crop Delivery
                    Bids        Change (¢/bu)        Basis          Change
HRW Wheat:
 Ord Protein    5.9600-6.0100       DN 26        -35N to -30N        UNCH
SRW Wheat       5.9000-5.9500       DN 28        -25N to -20N        UNCH
Yellow Corn     5.0600-5.0900       DN 8         -25Z to -22Z        UNCH
Yellow Sorghum  8.5900-8.6800       DN 14        -50Z to -45Z        UNCH
Yellow Soybeans    13.4300          DN 25            -25X            UNCH


Cash bids reflect the difference between the basis and the futures settlement.

HRW Wheat = US 1; SRW Wheat = US 2; Yellow Corn = US 2; Yellow Sorghum = US 2;
Yellow Soybeans = US 2

CBOT/KCBOT symbols: F January, G February, H March, J April, K May,
M June, N July, Q August, U September, V October, X November, Z December
-------------------------------------------------------------------------------
Monthly Prices for: April 2012

Yellow Corn                              6.5328
Yellow Sorghum                          10.6098
Yellow Soybeans                         14.4570

Source: USDA-MO Dept of Ag Market News St. Joseph, MO
       Baldemar Ortiz, Market Reporter (816)238-0678
        www.ams.usda.gov/LSMarketNews

13:52 C        bro

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