Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Mon Feb 25, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids were mixed for the day as another storm system is 
moving across the Plains and Midwest bringing moisture to the dry areas of 
winter wheat region.  The TX Panhandle is getting hammered by heavy snow and 
high winds.  Corn saw some support from overnight export announcement.  Soybeans 
saw declines as Argentina received rain over the weekend and more expected this 
week.  Wheat was mostly 15-20 cents lower.  Corn was 3-7 cents higher.  Sorghum 
was 21 cents lower to 5 cents higher.  Soybeans were 6-15 cents lower.

                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/25/13      02/22/13              02/27/12

Wheat:   
   Kansas City (HRW ORD)       7.01        dn 16                6.60-6.62
   Minneapolis (DNS)           8.12        dn 15 3/4            8.48 3/4
   Portland (SWW)           8.45-8.45 1/4  unch-dn 4 3/4        6.85-7.10
   St. Louis (SRW)             7.35        dn 16                   6.62
 
Corn, US No 2 Yellow: 
   Kansas City              7.29-7.34      up 4                 6.61-6.65
   Minneapolis              6.86 1/2       up 3 1/4               No Bid
   So. Iowa                 6.98-7.08 1/2  up 3 3/4-3 1/4   6.36 1/2-6.41 1/2 
   Omaha                    7.17-7.24      up 7-6               6.55-6.57

Soybeans, US No 1 Yellow: 
   Kansas City                14.85        dn 9                   13.04
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.57 1/4-14.66 1/4 dn 6-10         12.73 3/4-12.77 3/4
   Cent. Il Processor  14.76 1/4-14.81 1/4 dn 10-15        12.97 3/4-13.05 3/4
 
FUTURES: 
   Kansas City (Mar) Wheat     7.31 1/2    dn 18 1/4            6.85 
   Minneapolis (Mar) Wheat     7.87        dn 15 3/4            7.90 3/4
   Chicago     (Mar) Wheat     6.99 1/4    dn 15 3/4            6.45 3/4
   Chicago     (Mar) Corn      6.93 1/2    up 3 1/4             6.44 1/2 
   Chicago     (May) Soybeans 14.35 1/4    dn 8 1/2            12.93 Mar

*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     8.16 1/2-8.26 1/2      dn 18 1/4                     7.55
US 2 Soft Red Winter Wheat:                                   
     Barge    7.68 1/4-7.69 1/4      dn 16 3/4-20 3/4       7.07 3/4-7.10 3/4
Yellow Corn:                                                                
     Barge    7.53 1/2-7.63 1/2      up 3 1/4-7 1/4         7.08 1/2-7.11 1/2 
US 2 Sorghum                                              
     Rail     12.47 1/4-13.09 3/4    up 5 3/4              12.22 1/4-12.49
     Barge    12.74-12.92            up 5 3/4-dn 21        12.04 1/2-12.49
US 2 Yellow Soybeans                 
     Barge    15.26 1/4-15.32 1/4    dn 15-10              13.64 3/4-13.71 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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