Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Jan 02, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

Grain contracts closed on heavy liquidation selling.  Soybeans started out with sharp 
gains early in the trade day before selling off.  Wheat followed suit closing 20 to 
23 lower.  Corn 6-7 cents lower.  Soybeans closed 17-27 cents lower.

                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/02/13      12/31/12                01/03/12

Wheat:   
   Kansas City (HRW ORD)    7.66-7.71      dn 20                   6.88   
   Minneapolis (DNS)        8.56 1/2       dn 24                8.99 1/4  
   Portland (SWW)           8.25 1/4-8.40  dn 15-17 3/4         6.10-6.30   
   St. Louis (SRW)            7.45         dn 23                   6.66   
 
Corn, US No 2 Yellow: 
   Kansas City              7.18-7.23      dn 7                    6.74     
   Minneapolis              6.65 3/4       dn 7 1/2               No Bid     
   So. Iowa              6.79 3/4-6.95 3/4 N/C                 6.37 1/2-6.43 1/2
   Omaha                      7.19         dn 6-7               6.47-6.50  

Soybeans, US No 1 Yellow: 
   Kansas City                14.32        dn 27                  12.08       
   Minneapolis                No Bid       n/a                    No Bid  
   So. Iowa            13.87 1/4-13.94 1/4 N/C               11.96 1/2-11.99 1/2
   Cent. Il Processor  14.12 1/4-14.22 1/4 dn 17 1/2-21 1/2  12.07 1/2-12.22 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     8.11        dn 20                7.12 1/2   
   Minneapolis (Mar) Wheat     8.41 1/2    dn 24                8.44 1/4  
   Chicago     (Mar) Wheat     7.55 1/4    dn 22 3/4            6.57 1/2  
   Chicago     (Mar) Corn      6.90 3/4    dn 7 1/2             6.58 1/2   
   Chicago     (Jan) Soybeans 13.92 1/4    dn 17 1/4           12.18 1/4  

*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     8.96-9.06              dn 10                   7.62 1/2-7.82 1/2 
US 2 Soft Red Winter Wheat:                                   
     Barge    8.30 1/4-8.35 1/4      dn 17 3/4                   7.07-7.14     
Yellow Corn:                                                                
     Barge    7.49 3/4-7.54 3/4      up 1 1/2-dn 3 1/2      7.07 1/2-7.09 1/2  
US 2 Sorghum                                              
     Rail     12.60 1/4-12.87        up 49-4 1/2                12.24-12.92     
     Barge       N/A                 N/A                          N/A           
US 2 Yellow Soybeans                 
     Barge    15.06 1/2-15.17 1/2    dn 20 1/4-13 1/4      12.70 1/4-12.85 1/4 

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1600c    kkh





. 

1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Ag markets diverged significantly Friday afternoon
4. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
5. Ag markets decidedly mixed on Friday morning
6. Dairy among best snacks for diabetics

1. Beware of the soy milk after-taste face
2. Monsters love milk, too
3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop