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USDA - AMS: Kansas City Truck Grain Bids (2019-01-16)

USDA U.S. Department of Agriculture - January 16, 2019

SJ_GR112
St. Joseph, MO     Wed, Jan 16, 2019     USDA-MO Dept of Ag Market News

Truck bids for Grains Delivered to Kansas City
(Price per bushel except Sorghum price per cwt.)

SPOT                Bids        Change (/bu)        Basis          Change
HRW Wheat:
 Ord Protein    4.8550-5.2050       UNCH          -10H to 25H        UNCH
SRW Wheat          4.8750       UP 6.5-UP 1.5        -25H          UP 5-UNCH
Yellow Corn     3.6100-3.7000  DN 0.25-UP 2.75    -13H to -4H      DN 3-UNCH
Yellow Sorghum  5.7000-5.9600     DN 4-UP 4      -55H to -40H      DN 5-UNCH
Yellow Soybeans 8.3950-8.5450 UP 6.25-UP 11.25   -55H to -40H     UP 5-UP 10

FORWARD CASH BIDS FOR February  Delivery
                    Bids        Change (/bu)        Basis          Change
HRW Wheat:
Ord Protein     4.8550-5.2050       UNCH          -10H to 25H        UNCH
SRW Wheat          4.8750          UP 1.5            -25H            UNCH
Yellow Corn     3.6400-3.6900      UP 2.75        -10H to -5H        UNCH
Yellow Sorghum       NQ              NQ               NQ              NQ
Yellow Soybeans 8.3950-8.4950  DN 3.75-UP 6.25   -55H to -45H      DN 5-UP 5


Cash bids reflect the difference between the basis and the futures settlement.

HRW Wheat = US 1; SRW Wheat = US 2; Yellow Corn = US 2; Yellow Sorghum = US 2;
Yellow Soybeans = US 2

CBOT/KCBOT symbols: F January, G February, H March, J April, K May,
M June, N July, Q August, U September, V October, X November, Z December
-------------------------------------------------------------------------------
Monthly Prices for: December 2018

Yellow Corn                              3.7246
Yellow Sorghum                           5.9758
Yellow Soybeans                          8.6519

Source: USDA-MO Dept of Ag Market News St. Joseph, MO
        Voluntary Staff    816-676-7000  StJoe.LPGMN@usda.gov
        www.ams.usda.gov/mnreports/SJ_GR112.txt
        www.ams.usda.gov/LPSMarketNewsPage

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