Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Mon Jan 14, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids traded sharply higher.  Wheat continued to find 
support from Friday’s bullish USDA report, dry and cooler weather in the Plains.  
Corn also found momentum from the positive USDA report, along with spillover 
support from other grains.  Soybeans saw gains on concerns of drier outlook for 
parts of South America and overnight export announcement.  Wheat was 5-18 cents 
higher.  Corn was 12-15 cents higher.  Sorghum was 27 cents higher.  Soybeans 
were 34-49 cents higher.

   Grains inspected for export for week ending January 10, 2013:  Wheat totaled 
10.6 million bushels, dn 2.8 million bushels; corn 9.2 million bushels, up 1.9 
million bushels; sorghum 363 thousand bushels, up 196 thousand bushels and 
soybeans 39.1 million bushels, dn 900 thousand bushels compared to a week ago. 
Year to Date:  Wheat totaled 539.4 dn 81.6 million; corn 272.4 dn 339.9 million; 
sorghum 32.9 million up 1.8 million, and soybeans 855.9 up 215.7 million.  Crop 
marketing years begin June 1 for wheat and September 1 for corn, sorghum, and 
soybeans. 


                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/14/13      01/11/13                01/16/12

Wheat:   
   Kansas City (HRW ORD)    7.81-7.86      up 17                  Holiday
   Minneapolis (DNS)        8.67 3/4       up 7 1/4               
   Portland (SWW)           8.47-8.60      up 17-18               
   St. Louis (SRW)             7.82        up 15                  
 
Corn, US No 2 Yellow: 
   Kansas City                 7.62        up 15                  Holiday
   Minneapolis                 7.07        up 12 1/4              
   So. Iowa                 7.10-7.28      up 15 1/4-13 1/4       
   Omaha                    7.48-7.52      up 13-15               

Soybeans, US No 1 Yellow: 
   Kansas City                14.62        up 49                  Holiday
   Minneapolis                No Bid       n/a                    
   So. Iowa                14.12-14.19     up 43 3/4-44 3/4       
   Cent. Il Processor      14.53-14.58     up 44 3/4              
 
FUTURES: 
   Kansas City (Mar) Wheat     8.23 1/2    up 16 1/2              
   Minneapolis (Mar) Wheat     8.52 3/4    up 7 1/2               
   Chicago     (Mar) Wheat     7.67        up 12 1/4              
   Chicago     (Mar) Corn      7.24        up 15 1/4              
   Chicago     (Mar) Soybeans 14.18        up 44 3/4             

*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     9.08 1/2-9.18 1/2      up 16 1/2                    Holiday
US 2 Soft Red Winter Wheat:                                   
     Barge    8.27-8.39              up 5 1/4-12 1/4              
Yellow Corn:                                                                
     Barge    7.78-7.82              up 15 1/4                    
US 2 Sorghum                                              
     Rail     13.19 3/4-13.46 1/2    up 27 1/4                    
     Barge    13.19 3/4-13.28 1/2    up 27 1/4                    
US 2 Yellow Soybeans                 
     Barge    15.25-15.33            up 44 3/4-34 3/4             

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1526c    bro





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