Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Thu Jan 24, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn had a late rally to close with slight gains, while wheat had modest 
losses and soybeans closed with slight losses.  There was little fresh news for 
the markets.  All three wheat exchanges closed lower on lack of buying interest.  
Wheat closed7-8 cents lower.  Corn traded 3-4 cents higher.  Soybeans closed 1-2 
cents lower.


                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 01/24/13      01/23/13              01/26/12

Wheat:   
   Kansas City (HRW ORD)    7.82-7.85      dn 8                    6.84
   Minneapolis (DNS)           8.70 1/2    dn 5                 8.87 1/4
   Portland (SWW)           8.50-8.68 1/2  unch-dn 1 1/4           N/A 
   St. Louis (SRW)             7.85        dn 7                    6.75
 
Corn, US No 2 Yellow: 
   Kansas City                 7.62        up 3                 6.50-6.53
   Minneapolis              7.08 1/4       up 3 1/2               No Bid
   So. Iowa             7.16 1/4-7.27 1/4  up 4 3/4         6.25 1/2-6.29 1/2
   Omaha                    7.44-7.47      up 3                 6.42-6.43

Soybeans, US No 1 Yellow: 
   Kansas City                14.83        dn 2                   12.33
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.32 1/4-14.38 1/4 dn 1 3/4-3/4    12.03 3/4-12.07 3/4
   Cent. Il Processor  14.65 1/4-14.75 1/4 dn 1 3/4        12.16 3/4-12.32 3/4
 
FUTURES: 
   Kansas City (Mar) Wheat     8.21 1/2    dn 8 3/4             7.09
   Minneapolis (Mar) Wheat     8.55 1/2    dn 5                 8.27 1/4 
   Chicago     (Mar) Wheat     7.68 1/2    dn 6 1/4             6.53 1/2
   Chicago     (Mar) Corn      7.24 1/4    up 3 1/2             6.34 1/2
   Chicago     (Mar) Soybeans 14.35 1/4    dn 1 3/4            12.22 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     9.06 1/2-9.16 1/2      dn 8 3/4                   7.59-7.79
US 2 Soft Red Winter Wheat:                                   
     Barge    8.40 1/2-8.41 1/2      dn 2 1/4-5 1/4         7.13 1/2-7.23 1/2
Yellow Corn:                                                                
     Barge    7.74 1/4-7.75 1/4      up 5 1/2               7.01 1/2-7.22 1/2 
US 2 Sorghum                                              
     Rail     13.20-13.64 3/4        up 6 1/4              11.86 1/2-12.31 1/4
     Barge    13.36 1/4-13.38        up 6 1/4              12.40 1/4-12.49
US 2 Yellow Soybeans                 
     Barge    15.34 1/4-15.40 1/4    up 2 1/4-4 1/4        12.95 3/4-12.97 3/4 

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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