Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Jan 30, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

  Soybeans closed with sharp gains as corn and wheat posted solid gains on 
Wednesday.  Uncertainty in South American weather has reports of dryness in some 
areas and heavy rainfall in others is believed to be pressuring harvest 
production.  Also strong soybean demand from China is helping to pressure global 
supplies.  Persistent dryness in the Southern Plains helped to support wheat.  
Wheat closed mostly 10 cents higher.  Corn traded 10-15 cents higher.  Soybeans 
closed 22-32 cents higher.



                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 01/30/13      01/29/13              02/01/12

Wheat:   
   Kansas City (HRW ORD)    8.01-8.04      up 10                   6.98
   Minneapolis (DNS)           8.84        up 8                 9.01 3/4
   Portland (SWW)           8.50-8.87      unch-up 10           6.70-7.00
   St. Louis (SRW)             8.12        up 10                   6.88
 
Corn, US No 2 Yellow: 
   Kansas City                 7.78        up 10                6.57-6.62
   Minneapolis              7.29 1/4       up 12 3/4              No Bid
   So. Iowa             7.33 3/4-7.44 1/4  up 10 3/4            6.33-6.38
   Omaha                    7.60-7.68      up 10-15             6.48-6.50

Soybeans, US No 1 Yellow: 
   Kansas City                15.27        up 27                  12.25
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.76 3/4-14.78 3/4 up 27-23         11.99 1/4-12.07 1/4
   Cent. Il Processor  15.08 3/4-15.23 3/4 up 22-32         12.15 1/4-12.25 1/4
 
FUTURES: 
   Kansas City (Mar) Wheat     8.40 3/4    up 10                7.22 1/2
   Minneapolis (Mar) Wheat     8.69        up 8                 8.36 3/4
   Chicago     (Mar) Wheat     7.87        up 10                6.74 1/4
   Chicago     (Mar) Corn      7.40 1/4    up 10 3/4            6.42
   Chicago     (Mar) Soybeans 14.78 3/4    up 27               12.15 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     9.25 3/4-9.35 3/4      up 10                  7.72 1/2-7.92 1/2
US 2 Soft Red Winter Wheat:                                   
     Barge    8.57-8.60              up 8-5                 7.42 1/4-7.46 1/4
Yellow Corn:                                                                
     Barge    7.93 1/4-7.95 1/4      up 11 3/4-10 3/4           7.09-7.13 
US 2 Sorghum                                              
     Rail     13.48 3/4-13.93 1/4    up 19 1/4                 12.00-12.44 3/4
     Barge    13.64 3/4-13.66 1/2    up 19 1/4                     n/a
US 2 Yellow Soybeans                 
     Barge    15.68 3/4-15.76 3/4    up 12-15              12.88 1/4-12.93 1/4

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison-Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1525c    glh




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