Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Feb 26, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grains bids were higher with soybeans trading slightly lower.  Wheat was 
higher despite moisture in the winter wheat region.  The higher corn spilled 
over into the wheat.  Soybeans were pressured by the expected large South 
American crop which will be out soon.  Wheat was mostly 1-8 cents higher.  Corn 
was 6-13 cents higher.  Sorghum was mostly 2 cents higher.  Soybeans were 3-8 
cents lower.

                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/26/13      02/25/13              02/28/12

Wheat:   
   Kansas City (HRW ORD)       7.02        up 1                 6.75-6.77
   Minneapolis (DNS)           8.19        up 7                 8.58 3/4
   Portland (SWW)           8.45-8.56      unch-up 10 3/4       6.85-7.20
   St. Louis (SRW)             7.36        up 1                    6.78
 
Corn, US No 2 Yellow: 
   Kansas City                 7.40        up 11-6              6.70-6.74
   Minneapolis                 6.98        up 11 1/2              No Bid
   So. Iowa                 7.07-7.20      up 9-11 1/2      6.46 1/2-6.50 1/2 
   Omaha                    7.30-7.32      up 13-8              6.64-6.66

Soybeans, US No 1 Yellow: 
   Kansas City                14.82        dn 3                   13.15
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.52 1/4-14.62 3/4 dn 5-3 1/2      12.85 1/4-12.95 1/4
   Cent. Il Processor  14.72 3/4-14.77 3/4 dn 3 1/2        13.10 1/4-13.17 1/4
 
FUTURES: 
   Kansas City (Mar) Wheat     7.32 3/4    up 1 1/4             6.99 1/2
   Minneapolis (Mar) Wheat     7.89        up 2                 8.02 1/4
   Chicago     (Mar) Wheat     7.05 3/4    up 6 1/2             6.62 1/4
   Chicago     (Mar) Corn      7.05        up 11 1/2            6.53 1/2 
               (May) Corn      6.94 3/4    up 9 1/4             6.57 1/4
   Chicago     (May) Soybeans 14.31 3/4    dn 3 1/2            13.12 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     8.17 3/4-8.27 3/4      up 1 1/4                   7.69 1/2
US 2 Soft Red Winter Wheat:                                   
     Barge    7.73 3/4-7.77 3/4      up 5 1/2-8 1/2         7.24 1/4-7.27 1/4
Yellow Corn:                                                                
     Barge    7.65-7.75              up 11 1/2              7.18 1/2-7.20 1/2 
US 2 Sorghum                                              
     Rail     12.67 3/4-13.12 1/2    up 20 1/2-2 3/4       12.38 1/2-12.65 1/4
     Barge    12.94 3/4-13.12 1/2    up 20 3/4-20 1/2             No Bid
US 2 Yellow Soybeans                 
     Barge    15.17 3/4-15.28 3/4    dn 8 1/2-3 1/2        13.76 1/4-13.83 1/4

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1540c    bro




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