Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Thu Jan 10, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn closed higher with soybeans and wheat closing lower ahead of Friday’s 
USDA Reports as grain traders played it safe on Thursday.  Corn had a modest 
rally on light buying support.  Soybeans rallied early only to close lower.  
Wheat closed lower at all three exchanges despite a lower dollar.  Wheat closed 
mostly 1-4 cents lower.  Corn traded 4-5 cents higher.  Soybeans closed 5-6 
cents lower.

                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 01/10/13      01/09/13                01/12/12

Wheat:   
   Kansas City (HRW ORD)    7.54-7.59      dn 7-4                    6.48
   Minneapolis (DNS)        8.54 1/2       dn 1 1/4               8.57 1/2
   Portland (SWW)       8.29 1/2-8.45      dn 1/2-1               6.00-6.10
   St. Louis (SRW)             7.57        dn 1                      6.15
 
Corn, US No 2 Yellow: 
   Kansas City                 7.37        up 5                   6.24-6.28
   Minneapolis              6.83 3/4       up 4 1/2                 No Bid
   So. Iowa             6.90 1/4-7.10 3/4  up 4 1/2           5.93 1/2-5.98 1/2
   Omaha                       7.27        up 5                      6.06  

Soybeans, US No 1 Yellow: 
   Kansas City                14.20        dn 6                     11.73
   Minneapolis             13.79 3/4       dn 5 3/4                 No Bid
   So. Iowa            13.76 3/4-13.83 1/4 dn 1 3/4-5 3/4    11.53 1/2-11.61 1/2
   Cent. Il Processor  14.14 3/4-14.19 3/4 dn 5 3/4          11.72 1/2-11.82 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     7.96 1/2    dn 4 3/4               6.73     
   Minneapolis (Mar) Wheat     8.39 1/4    dn 1 1/4               8.07 1/2  
   Chicago     (Mar) Wheat     7.44 1/2    dn 1                   6.05 
   Chicago     (Mar) Corn      6.98 3/4    up 4 1/2               6.11 1/2
   Chicago     (Mar) Soybeans 13.79 3/4    dn 5 3/4              11.82 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     8.81 1/2-8.91 1/2      dn  4 3/4                    7.23-7.43    
US 2 Soft Red Winter Wheat:                                   
     Barge    8.16 1/2-8.24 1/2      up 3-dn 1                    6.62-6.63 
Yellow Corn:                                                                
     Barge    7.55 3/4-7.57 3/4      up 4 1/2-3 1/2           6.66 1/2-6.69 1/2
US 2 Sorghum                                              
     Rail     12.74 1/2-13.01 1/4    up 8                    11.40 1/4-12.08     
     Barge    12.74 1/2-12.83 1/2    up 8-15 1/4                     N/A           
US 2 Yellow Soybeans                 
     Barge    14.85 3/4-14.90 3/4    dn 3 3/4-10 3/4         12.42 1/2-12.48 1/2

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1534c    glh





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