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USDA-SJ: Daily National Grain Market Summary

St. Joseph, MO - Wed, Feb 14, 2018 - USDA-MO Dept of Ag Market News


Daily National Grain Market Summary

  Compared to yesterday, cash bids for wheat and corn were mixed, sorghum and
soybeans were higher.  Ethanol production for week ending February 9th totaled 1.016
million barrels per day, a 41,000 barrel per day decrease compared the week prior.
Wheat was mostly 1 to 4 cents lower.  Corn was mostly 1/2 cent higher.  Sorghum was
3/4 cent higher.  Soybeans were mostly 5 1/2 cents higher.


                             DATE               CHANGE                 YEAR AGO
TRUCK BIDS:                  2/14/2018         2/13/2018              2/15/2017

Wheat:
   Kansas City (HRW ORD)     4.6475            DN 4.75                  4.1925
   Minneapolis               6.1525            DN 1.50                  5.8000
   Portland (SWW)            5.3000-5.5200     UNCH-UP 3.25          4.8500-4.9400
   St. Louis (SRW)           4.5500-4.7200     DN 5.00               4.4900-4.5900

Corn, US No 2 Yellow:
   Kansas City               3.4725-3.5225     DN 4.50-UP 0.50       3.5875-3.6000
   Minneapolis               n/a               No Comp               3.5875-3.6000
   So. Iowa                  3.4225-3.5225     UP 0.50               3.5375-3.5800
   Omaha                     3.4600-3.5000       UNCH                3.3900-3.4900

Soybeans, US No 1 Yellow:
   Kansas City               9.8225-9.8725     UP 5.50               10.1125-10.1325
   Minneapolis               n/a               No Comp                   n/a
   So. Iowa                  9.7225-9.8225     UP 5.50-UP 2.50       10.1125-10.3125
   Cent. Il Processor        10.0025-10.1425   UP 6.50-UP 5.50       10.4625-10.5625

FUTURES:
   Kansas City Wheat  (Mar)  4.6975            DN 4.75                  4.6925
   Minneapolis Wheat  (Mar)  6.0025            DN 1.50                  5.6800
   Chicago Wheat      (Mar)  4.5575            DN 5.00                  4.5475
   Chicago Corn       (Mar)  3.6725            UP 0.50                  3.7875
   Chicago Soybeans   (Mar)  10.1725           UP 5.50                 10.6125

*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
                             n/a               No Comp               4.2925-4.4925
US 2 Soft Red Winter Wheat
                             5.1575-5.2075     DN 5.00               5.0675-5.0975
Corn
  Barge                      4.1225-4.1525     UP 0.50               4.2275-4.2375
US 2 Sorghum
  Rail                       8.3425-8.7000     UP 0.75                  7.3000
  Barge                      n/a               No Comp                   n/a
US 2 Yellow Soybeans
  Barge                      10.5225-10.5325   UP 5.50               10.9025-11.0425


Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Joe Toeniskoetter, Market Reporter 816-676-7000   StJoe.LGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/SJ_GR850.txt
        For more Grain Market News:
        https://www.ams.usda.gov/market-news/livestock-poultry-grain

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