Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Thu Feb 21, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

  Wheat and corn were lower with soybeans trading higher.  The Southern Plains 
and Midwest saw heavy snow which pressured wheat.  Corn saw spillover pressure 
from wheat and bearish ethanol production report.  Soybeans were the leaders on 
the grain floor on overnight export announcement and fears of Brazilian port 
strike.  Wheat was mostly 14-20 cents lower.  Corn was 9-11 cents lower.  
Sorghum was 17 cents lower.  Soybeans were 1-9 cents higher.

                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/21/13      02/20/13              02/23/12

Wheat:   
   Kansas City (HRW ORD)       7.24        dn 20                6.55-6.57
   Minneapolis (DNS)        8.31 1/2       dn 14 1/4               8.51
   Portland (SWW)           8.48-8.61 1/4  dn 5-17 1/4          6.75-7.00
   St. Louis (SRW)             n/a         n/a                     6.57
 
Corn, US No 2 Yellow: 
   Kansas City              7.26-7.31      dn 10                6.56-6.60
   Minneapolis              6.83 3/4       dn 9 3/4               No Bid
   So. Iowa                    n/a         n/a              6.31 1/2-6.34 1/2 
   Omaha                    7.11-7.19      dn 10                6.50-6.52

Soybeans, US No 1 Yellow: 
   Kansas City                15.23        up 5                   12.87
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa                    n/a         n/a               12.56 3/4-12.60 3/4
   Cent. Il Processor  15.13 3/4-15.25 3/4 up 1-5            12.80 3/4-12.86 3/4
 
FUTURES: 
   Kansas City (Mar) Wheat     7.57 1/4    dn 20                6.80 
   Minneapolis (Mar) Wheat     8.06 1/2    dn 14 1/4            8.01
   Chicago     (Mar) Wheat     7.21 1/4    dn 17 1/4            6.41 3/4
   Chicago     (Mar) Corn      6.90 3/4    dn 9 3/4             6.39 1/2 
   Chicago     (Mar) Soybeans 14.87 3/4    up 5                12.76 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     8.42 1/4-8.52 1/4      dn 20                      7.30-7.50 
US 2 Soft Red Winter Wheat:                                   
     Barge    7.96 1/4-8.01 1/4      dn 17 1/4              7.01 3/4-7.06 3/4
Yellow Corn:                                                                
     Barge    7.53 3/4-7.55 3/4      dn 9 3/4-11 3/4        7.06 1/2-7.07 1/2 
US 2 Sorghum                                              
     Rail     12.42 1/2-13.05        dn 17 1/4             11.95 1/2-12.40 1/4
     Barge    12.69 1/4-13.13 3/4    dn 17 1/4-17 1/2      11.95 1/2-12.40 1/4
US 2 Yellow Soybeans                 
     Barge    15.67 3/4-15.71 3/4    up 7-9                13.53 3/4-13.54 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 
              
1532c    bro




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