Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Feb 05, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Soybeans closed higher while corn and wheat closed lower.  Outside markets 
were positive as the Stock Market and crude oil were higher but corn and wheat 
failed to follow.  Corn failed to move higher on slow demand.  Soybeans were 
higher on some concerns that South America’s soybean crop may shrink on weather 
concerns.  Wheat closed 5-10 cents lower.  Corn traded 3-6 cents lower.  
Soybeans closed 5-8 cents higher.


                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/05/13      02/04/13              02/07/12

Wheat:   
   Kansas City (HRW ORD)    7.67-7.72      dn 10                   6.87
   Minneapolis (DNS)        8.61 3/4       dn 5 1/4             9.03 1/2
   Portland (SWW)           8.55-8.67 1/2  dn 5-5 1/2           6.70-7.10
   St. Louis (SRW)             7.88        dn 5                    6.79
 
Corn, US No 2 Yellow: 
   Kansas City                 7.69        dn 3                 6.57-6.62
   Minneapolis                 7.17        dn 5 1/4               No Bid
   So. Iowa                 7.24-7.32      dn 4 3/4-6 1/4   6.36 1/4-6.38 1/4
   Omaha                    7.27-7.57      dn 5                 6.47-6.48

Soybeans, US No 1 Yellow: 
   Kansas City                15.31        up 5                   12.44
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.93 1/2-14.96     up 5 3/4-7 1/4      12.10-12.25
   Cent. Il Processor  15.21 1/2-15.35 1/2 up 8 3/4-6 3/4      12.32-12.42
 
FUTURES: 
   Kansas City (Mar) Wheat     8.07 1/4    dn 9 3/4             7.12
   Minneapolis (Mar) Wheat     8.41 3/4    dn 5 1/4             8.38 1/2
   Chicago     (Mar) Wheat     7.57 1/2    dn 5 1/2             6.62 1/4
   Chicago     (Mar) Corn      7.29        dn 5 1/4             6.42 1/4
   Chicago     (Mar) Soybeans 14.95 1/2    up 6 3/4            12.32

*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     8.92 1/4-9.02 1/4      dn 9 3/4                   7.62-7.82
US 2 Soft Red Winter Wheat:                                   
     Barge    8.29 1/2-8.34 1/2      dn 5 1/2-2 1/2       7.30 1/4-7.34 1/4
Yellow Corn:                                                                
     Barge    7.86-7.88              dn 5 1/4               7.09 1/4-7.12 1/4
US 2 Sorghum                                              
     Rail     13.28 1/2-13.73 1/4    dn 9 1/2-9 1/4        12.00 1/2-12.45
     Barge    13.37 1/2-13.55 1/4    dn 9 1/2                      n/a
US 2 Yellow Soybeans                 
     Barge    15.67 1/2-15.78 1/2    up 6 3/4                  13.00-13.03    

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1525c    glh




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