Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Feb 27, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids saw slight to modest gains.  Wheat found support from 
good export demand news.  Corn saw gains as Ethanol production increased on the 
latest report.  Soybeans were higher upon news of long delays at Brazilian 
ports.  Wheat was mostly 1-15 cents higher.  Corn was mostly 1-8 cents higher.  
Sorghum was mostly 8-34 cents higher.  Soybeans were 4-16 cents higher.

                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/27/13      02/26/13              02/29/12

Wheat:   
   Kansas City (HRW ORD)       7.03        up 1                    6.81
   Minneapolis (DNS)        8.21 1/2       up 2 1/2                8.71
   Portland (SWW)           8.57-8.63      up 12-7              7.00-7.25
   St. Louis (SRW)             7.36        unch                    6.80
 
Corn, US No 2 Yellow: 
   Kansas City              7.45-7.48      up 5-8                  6.77
   Minneapolis              6.94 1/2       dn 3 1/2               No Bid
   So. Iowa                    n/a         n/a              6.50 1/2-6.52 
   Omaha                    7.32-7.33      up 2-1               6.62-6.63

Soybeans, US No 1 Yellow: 
   Kansas City                14.90        up 8                   13.21
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa                    n/a         n/a                    No Quote
   Cent. Il Processor  14.77 1/2-14.87 1/2 up 4 3/4-9 3/4      13.17-13.26
 
FUTURES: 
   Kansas City (Mar) Wheat     7.34 1/4    up 1 1/2             
               (May) Wheat     7.42 3/4    up 1                 7.08 1/2
   Minneapolis (Mar) Wheat     7.87 1/4    dn 1 3/4             
               (May) Wheat     7.96 1/2    dn 2 1/4             8.11
   Chicago     (Mar) Wheat     7.04 1/4    dn 1 1/2             
               (May) Wheat     7.12        up 1                 6.68
   Chicago     (Mar) Corn      7.09 1/2    up 4 1/2              
               (May) Corn      6.95 1/4    up 1/2               6.58
   Chicago     (May) Soybeans 14.39 1/2    up 7 3/4            13.20

*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     8.19 1/4-8.43 1/4      up 1 1/2-15 1/2               7.69
US 2 Soft Red Winter Wheat:                                   
     Barge    7.73 1/4-7.78 1/4      dn 1 1/2-up 1/2        7.20 1/4-7.26 1/4
Yellow Corn:                                                                
     Barge    7.65 1/2-7.79 1/2      up 1/2-4 1/2           7.18 1/2-7.19 1/2 
US 2 Sorghum                                              
     Rail     13.02 1/4-13.16        up 34 1/2-1/2         12.43 3/4-12.70 1/2
     Barge    13.02 3/4-13.29 1/2    up 8-17                      No Bid
US 2 Yellow Soybeans                 
     Barge    15.34 1/2-15.38 1/2    up 16 3/4-9 3/4       13.78 1/2-13.85 1/2

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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