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USDA - AMS: Kansas City Truck Grain Bids (2019-03-29)

USDA U.S. Department of Agriculture - March 29, 2019

SJ_GR112
St. Joseph, MO     Fri, Mar 29, 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    4.2000-4.6000      DN 8.75        -10K to 30K        UNCH
SRW Wheat       4.2775-4.4275      DN 6.75       -30K to -15K        UNCH
Yellow Corn     3.5150-3.5950      DN 17.5         -5K to 3K         UNCH
Yellow Sorghum  5.7400-5.8300       DN 31        -35K to -30K        UNCH
Yellow Soybeans 8.3425-8.5725      DN 5.25       -50K to -27K        UNCH

FORWARD CASH BIDS FOR April  Delivery
                    Bids        Change (/bu)        Basis          Change
HRW Wheat:
Ord Protein     4.2000-4.6500      DN 8.75        -10K to 35K        UNCH
SRW Wheat       4.2775-4.3775      DN 6.75       -30K to -20K        UNCH
Yellow Corn     3.5250-3.5650      DN 17.5        -4K to OptK        UNCH
Yellow Sorghum     5.7400           DN 31            -35K            UNCH
Yellow Soybeans 8.3625-8.4925      DN 5.25       -48K to -35K        UNCH


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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