Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Jan 09, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids were mixed.  Wheat was lower as news of moisture for 
the Plains and Midwest triggered the sell-off.  Corn saw support from firm 
basis.  Soybeans were pressured by slow export demand.  Wheat was mostly 4-9 
cents lower.  Corn was 3-8 cents higher.  Sorghum was 9 cents higher.  Soybeans 
were 6 cents lower to 4 cents higher.

                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/09/13      01/08/13                01/11/12

Wheat:   
   Kansas City (HRW ORD)    7.61-7.63      dn 8-6                    6.77
   Minneapolis (DNS)        8.55 1/2       dn 4 3/4               8.51 1/2
   Portland (SWW)           8.30-8.46      unch                   6.10-6.30
   St. Louis (SRW)             7.58        dn 5                      6.51
 
Corn, US No 2 Yellow: 
   Kansas City                 7.32        up 8                   6.64-6.69
   Minneapolis              6.79 1/4       n/a                      No Bid
   So. Iowa             6.85 3/4-7.06 1/4  up 5-5 1/2         6.32 1/2-6.38 1/2
   Omaha                       7.22        up 5                   6.44-6.45

Soybeans, US No 1 Yellow: 
   Kansas City                14.26        dn 1                     11.93
   Minneapolis             13.85 1/2       n/a                      No Bid
   So. Iowa            13.78 1/2-13.89     dn 6-1                11.74-11.80
   Cent. Il Processor  14.20 1/2-14.25 1/2 up 4-dn 1             11.93-12.01
 
FUTURES: 
   Kansas City (Mar) Wheat     8.01 1/4    dn 7 1/2               7.01 3/4
   Minneapolis (Mar) Wheat     8.40 1/2    dn 4 3/4               8.16 1/2  
   Chicago     (Mar) Wheat     7.45 1/2    dn 5                   6.41 
   Chicago     (Mar) Corn      6.94 1/4    up 5 1/2               6.51 1/2
   Chicago     (Mar) Soybeans 13.85 1/2    dn 1                  12.03

*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     8.86 1/4-8.96 1/4      dn 7 1/2                 7.51 3/4-7.71 3/4
US 2 Soft Red Winter Wheat:                                   
     Barge    8.13 1/2-8.25 1/2      dn 9-8                       6.96-6.99 
Yellow Corn:                                                                
     Barge    7.51 1/4-7.54 1/4      up 5 1/2-3 1/2           7.04 1/2-7.08 1/2
US 2 Sorghum                                              
     Rail     12.66 1/2-12.93 1/4    up 9 3/4                12.11 1/2-12.79 1/2 
     Barge    12.66 1/2-12.68 1/4    up 9 3/4                        N/A           
US 2 Yellow Soybeans                 
     Barge    14.89 1/2-15.01 1/2    dn 1-up 2                   12.63-12.67

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





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