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USDA - AMS: Kansas City Truck Grain Bids (2019-05-08)

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

SJ_GR112
St. Joseph, MO     Wed, May 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    3.9350-4.3050      DN 0.5         -10N to 27N        UNCH
SRW Wheat       4.0900-4.2900      DN 0.5        -30N to -10N        UNCH
Yellow Corn     3.5425-3.7325      DN 2.25        -10N to 9N         UNCH
Yellow Sorghum     5.9700           DN 4             -30N            UNCH
Yellow Soybeans 7.7725-8.0225      DN 3.5        -50N to -25N        UNCH

FORWARD CASH BIDS FOR June Delivery
                    Bids        Change (/bu)        Basis          Change
HRW Wheat:
Ord Protein     3.9350-4.2850      DN 0.5         -10N to 25N        UNCH
SRW Wheat       4.0900-4.2900      DN 0.5        -30N to -10N        UNCH
Yellow Corn     3.5425-3.6225      DN 2.25        -10N to -2N        UNCH
Yellow Sorghum     5.9700           DN 4             -30N            UNCH
Yellow Soybeans 7.7225-7.9225      DN 3.5        -55N to -35N        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: April 2019

Yellow Corn                              3.6104
Yellow Sorghum                           5.8069
Yellow Soybeans                          8.4286

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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