Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Jan 29, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain trade on Tuesday was pretty quiet as soybeans and corn had slight gains 
and wheat had slight losses.  There was little fresh news to spark the market or 
to aid buying interest on Tuesday.  Wheat was mostly 2-5 cents lower.  Corn 
traded 1-2 cents higher.  Sorghum was firm.  Soybeans were mostly 4-5 cents 
higher.


                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 01/29/13      01/28/13              01/31/12

Wheat:   
   Kansas City (HRW ORD)    7.91-7.94      dn 2                    6.91
   Minneapolis (DNS)           8.76        dn 5 1/2             8.92 3/4
   Portland (SWW)           8.50-8.77      unch-dn 2 1/4           N/A 
   St. Louis (SRW)             8.02        dn 2                    6.81
 
Corn, US No 2 Yellow: 
   Kansas City                 7.68        up 1                 6.54-6.59
   Minneapolis              7.16 1/2       up 1 1/4               No Bid
   So. Iowa             7.21 3/4-7.33 1/4  up                   6.30-6.35
   Omaha                    7.50-7.53      up 1                 6.46-6.47

Soybeans, US No 1 Yellow: 
   Kansas City                15.00        up 4                   12.09
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.49 3/4-14.55 3/4 up 1-5               11.81-11.88
   Cent. Il Processor  14.86 3/4-14.91 3/4 up 4                 11.99-12.09
 
FUTURES: 
   Kansas City (Mar) Wheat     8.30 3/4    dn 2                 7.15 1/2
   Minneapolis (Mar) Wheat     8.61        dn 5 1/2             8.27 3/4
   Chicago     (Mar) Wheat     7.77        dn 2 1/4             6.66
   Chicago     (Mar) Corn      7.29 1/2    up 1/4               6.39
   Chicago     (Mar) Soybeans 14.51 3/4    up 4                11.99

*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     9.15 3/4-9.25 3/4      dn 2                   7.65 1/2-7.85 1/2
US 2 Soft Red Winter Wheat:                                   
     Barge    8.49-8.55              dn 3 1/4                   7.36-7.38
Yellow Corn:                                                                
     Barge    7.81 1/2-7.84 1/2      up 1/4-2 1/4               7.09-7.11 
US 2 Sorghum                                              
     Rail     13.29 1/2-13.74        up 1/2-1/4            11.94 3/4-12.39 1/4
     Barge    13.45 1/2-13.47 1/4    up 1/2-1/4            12.30 1/4-12.57 1/4
US 2 Yellow Soybeans                 
     Barge    15.56 3/4-15.61 3/4    dn 1                      12.77-12.78

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




. 

1. Ag markets moved generally higher Wednesday
2. Repainting “American Gothic:” Number of women farming triples
3. U.S. milk production rose 0.8% in May
4. India: Milk’s new horizon
5. Increased access to Canadian dairy market urged
6. World Dairy Expo supports Alliant Energy Center project

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Ranching music video goes viral
5. Cattle crush Calif. dairy worker
6. WASDE: Corn price outlook lowered

1. USDA report shows continued adoption of no-till
2. Finding the comedy in ag-gag
3. Expert offers tips to reduce hay-drying time
4. Commentary: Ag must resist HSUS 'divide and conquer' strategy
5. Chobani pushes back against UK Greek yogurt ban
6. Will Smith dethroned in latest Peterson Farm Bros. parody