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USDA - AMS: Kansas City Truck Grain Bids (2019-03-08)

USDA U.S. Department of Agriculture - March 8, 2019

SJ_GR112
St. Joseph, MO     Fri, Mar 08, 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    4.1575-4.6075      UP 3.25        -15K to 30K        UNCH
SRW Wheat       4.0950-4.1950      UP 1.25       -30K to -20K        UNCH
Yellow Corn     3.4925-3.6425       DN 1         -15K to OptK        UNCH
Yellow Sorghum  5.8800-5.9700       UP 7         -35K to -30K        UP 5
Yellow Soybeans 8.4275-8.6875      DN 6.75       -53K to -27K        UNCH

FORWARD CASH BIDS FOR April  Delivery
                    Bids        Change (/bu)        Basis          Change
HRW Wheat:
Ord Protein     4.1575-4.6575      UP 3.25        -15K to 35K        UNCH
SRW Wheat       4.0950-4.1950      UP 1.25       -30K to -20K        UNCH
Yellow Corn     3.5525-3.6425       DN 1          -9K to OptK        UNCH
Yellow Sorghum       NQ              NQ               NQ              NQ
Yellow Soybeans 8.4275-8.5575 DN 6.75-DN 11.75   -53K to -40K      UNCH-DN 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: February 2019

Yellow Corn                              3.6847
Yellow Sorghum                           5.9661
Yellow Soybeans                          8.6524

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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