Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Jan 16, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids were higher with corn trading mixed.  Wheat saw a 
boost from concerns of dry weather in the winter wheat areas.  Corn was 
pressured by slow export demand and lower ethanol production; however, the 
higher soybeans lend some support.  Soybeans saw the most gains as a dry weather 
in Argentina and parts of Brazil triggered the buying.  Wheat was mostly 2-8 
cents higher.  Corn was 2 cents lower to 3/4 cent higher.  Sorghum was 1 cent 
higher.  Soybeans were 15-27 cents higher.

                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 01/16/13      01/15/13              01/18/12

Wheat:   
   Kansas City (HRW ORD)    8.03-8.06      up 8-6                  6.28
   Minneapolis (DNS)        8.86 1/2       up 5 1/4             8.50 3/4
   Portland (SWW)           8.50-8.75      unch-up 5            6.25-6.30
   St. Louis (SRW)             8.00        up 2                    6.07
 
Corn, US No 2 Yellow: 
   Kansas City                 7.69        unch                 6.06-6.09
   Minneapolis              7.14 1/4       up 3/4                 No Bid
   So. Iowa             7.22 1/4-7.34 1/4  up 3/4-dn 1/4    5.78 1/2-5.83 1/2
   Omaha                    7.54-7.56      unch-dn 2               5.99

Soybeans, US No 1 Yellow: 
   Kansas City                14.85        up 27                  11.82
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.33 1/2-14.37 1/2 up 23        2  11.57 1/2-11.65 1/2
   Cent. Il Processor  14.71 1/2-14.76 1/2 up 23           11.73 1/2-11.85 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     8.42 1/2    up 4 1/4             6.53
   Minneapolis (Mar) Wheat     8.71 1/2    up 5 1/4             8.00 3/4
   Chicago     (Mar) Wheat     7.85        up 2 1/4             5.92 1/4
   Chicago     (Mar) Corn      7.31 1/4    up 3/4               5.93 1/2
   Chicago     (Mar) Soybeans 14.36 1/2    up 23               11.83 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     9.27 1/2-9.37 1/2      up 4 1/4                   7.03-7.23
US 2 Soft Red Winter Wheat:                                   
     Barge    8.50-8.57              up 4 1/4-2 1/4         6.47 1/4-6.52 1/4
Yellow Corn:                                                                
     Barge    7.83 1/4-7.90 1/4      dn 1 1/4-up 3/4        6.55 1/2-6.56 1/2
US 2 Sorghum                                              
     Rail     13.32 1/2-13.59 1/4    up 1 1/4                  11.08-11.58
     Barge    13.23 3/4-13.41 1/2    up 1 1/2-1 1/4               11.67
US 2 Yellow Soybeans                 
     Barge    15.32 1/2-15.43 1/2    up 15-19              12.52 1/2-12.55 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 
              
1525c    bro





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