Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Wed Feb 06, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Wheat had a late surgeto close higher while corn and soybeans closed lower.  
Corn had selling pressure from a higher dollar and slow exports.  Soybeans 
closed lower as traders could be positioning ahead of Friday’s supply and demand 
reports.  Wheat closed higher despite corn closing lower and a higher dollar.  
Wheat closed 3-7 cents higher.  Corn traded 5-6 cents lower.  Soybeans closed 
mostly 8 cents lower.


                              DATE         CHANGE               YEAR AGO
TRUCK BIDS:                 02/06/13      02/05/13              02/08/12

Wheat:   
   Kansas City (HRW ORD)    7.70-7.75      up 3                    6.85
   Minneapolis (DNS)        8.64 3/4       up 3                 9.06 1/2
   Portland (SWW)           8.55-8.76 1/2  unch-up 9            6.70-7.15
   St. Louis (SRW)             7.95        up 7                    6.79
 
Corn, US No 2 Yellow: 
   Kansas City                 7.63        dn 6                 6.59-6.63
   Minneapolis                 7.10 1/2    dn 6 1/2               No Bid
   So. Iowa             7.18 1/2-7.25 1/2  dn 5 1/2-6 1/2   6.35 1/2-6.38 1/2
   Omaha                    7.46-7.51      dn 6                 6.48-6.51

Soybeans, US No 1 Yellow: 
   Kansas City                15.23        dn 8                   12.44
   Minneapolis                No Bid       n/a                    No Bid
   So. Iowa            14.85 1/2-14.87 1/2 dn 8-8 1/2      12.09 1/2-12.22 1/2
   Cent. Il Processor  15.13 1/2-15.27 1/2 dn 8            12.31 1/2-12.41 1/2
 
FUTURES: 
   Kansas City (Mar) Wheat     8.09 3/4    up 2 1/2             7.10
   Minneapolis (Mar) Wheat     8.44 3/4    up 3                 8.41 1/2
   Chicago     (Mar) Wheat     7.61 1/2    up 4                 6.60 3/4
   Chicago     (Mar) Corn      7.22 1/2    dn 6 1/2             6.42 1/2
   Chicago     (Mar) Soybeans 14.87 1/2    dn 8                12.31 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     8.94 3/4-9.04 3/4      up 2 1/2                   7.60-7.80
US 2 Soft Red Winter Wheat:                                   
     Barge    8.33 1/2-8.44 1/2      up 4-10                7.30 3/4-7.35 3/4
Yellow Corn:                                                                
     Barge    7.80 1/2-7.82 1/2      dn 6 1/2               7.09 1/2-7.15 1/2
US 2 Sorghum                                              
     Rail     13.17-13.61 1/2        dn 11 1/2                 12.01-12.45 1/2
     Barge    13.26-13.43 3/4        dn 11 1/2-11 1/4              n/a
US 2 Yellow Soybeans                 
     Barge    15.59 1/2-15.72 1/2    dn 8-6                13.01 1/2-13.03 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 
              
1525c    glh




. 

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