Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Thu Jan 10, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn closed higher with soybeans and wheat closing lower ahead of Friday’s 
USDA Reports as grain traders played it safe on Thursday.  Corn had a modest 
rally on light buying support.  Soybeans rallied early only to close lower.  
Wheat closed lower at all three exchanges despite a lower dollar.  Wheat closed 
mostly 1-4 cents lower.  Corn traded 4-5 cents higher.  Soybeans closed 5-6 
cents lower.

                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/10/13      01/09/13                01/12/12

Wheat:   
   Kansas City (HRW ORD)    7.54-7.59      dn 7-4                    6.48
   Minneapolis (DNS)        8.54 1/2       dn 1 1/4               8.57 1/2
   Portland (SWW)       8.29 1/2-8.45      dn 1/2-1               6.00-6.10
   St. Louis (SRW)             7.57        dn 1                      6.15
 
Corn, US No 2 Yellow: 
   Kansas City                 7.37        up 5                   6.24-6.28
   Minneapolis              6.83 3/4       up 4 1/2                 No Bid
   So. Iowa             6.90 1/4-7.10 3/4  up 4 1/2           5.93 1/2-5.98 1/2
   Omaha                       7.27        up 5                      6.06  

Soybeans, US No 1 Yellow: 
   Kansas City                14.20        dn 6                     11.73
   Minneapolis             13.79 3/4       dn 5 3/4                 No Bid
   So. Iowa            13.76 3/4-13.83 1/4 dn 1 3/4-5 3/4    11.53 1/2-11.61 1/2
   Cent. Il Processor  14.14 3/4-14.19 3/4 dn 5 3/4          11.72 1/2-11.82 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     7.96 1/2    dn 4 3/4               6.73     
   Minneapolis (Mar) Wheat     8.39 1/4    dn 1 1/4               8.07 1/2  
   Chicago     (Mar) Wheat     7.44 1/2    dn 1                   6.05 
   Chicago     (Mar) Corn      6.98 3/4    up 4 1/2               6.11 1/2
   Chicago     (Mar) Soybeans 13.79 3/4    dn 5 3/4              11.82 1/2

*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     8.81 1/2-8.91 1/2      dn  4 3/4                    7.23-7.43    
US 2 Soft Red Winter Wheat:                                   
     Barge    8.16 1/2-8.24 1/2      up 3-dn 1                    6.62-6.63 
Yellow Corn:                                                                
     Barge    7.55 3/4-7.57 3/4      up 4 1/2-3 1/2           6.66 1/2-6.69 1/2
US 2 Sorghum                                              
     Rail     12.74 1/2-13.01 1/4    up 8                    11.40 1/4-12.08     
     Barge    12.74 1/2-12.83 1/2    up 8-15 1/4                     N/A           
US 2 Yellow Soybeans                 
     Barge    14.85 3/4-14.90 3/4    dn 3 3/4-10 3/4         12.42 1/2-12.48 1/2

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1534c    glh





. 

1. Ag markets diverge just before the long holiday weekend
2. Study suggests dairy herd water quality linked to milk production
3. Wis. lawmakers question challenges to large wells
4. Traders evening up positions ahead of the weekend Friday
5. Bio-Vet and Keller break ground on new facility
6. NOAA: Get ready for a busy hurricane season

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. Salma Hayek: Milk part of 'perfect' breakfast
6. What do dairy exports mean for Minnesota?

1. Seven jobs more dangerous than farming
2. White House urges Senate to cut crop insurance in farm bill
3. Class III futures close out quietly last week
4. 4 rules for growing a business or industry
5. Drop in U.S. underground water levels has accelerated
6. Ongoing wave of Calif. metal theft prompts further legislation