Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO   Fri Nov 23, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids were slight to moderately higher on a light trading 
day.  The grains saw support from outside market forces.  Wheat also saw a boost 
from dry weather in the winter wheat areas.  The weekly export sales for corn 
were good coming in at 769,800 tons of old crop and 188,800 tons of new crop.  
Weekly export sales for soybeans were also supportive coming in at 543,600 tons 
and meal sales came in at 197,900 tons, with oil at 124,100 tons.  Wheat export 
sales were good coming in at 635,400 tons.  Wheat was 2 cents higher.  Corn was 
4-5 cents higher.  Soybeans were 8-11 cents higher.

                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                 11/23/12      11/21/12                11/25/11

Wheat:   
   Kansas City (HRW ORD)       8.48        up 2                   6.20-6.24 
   Minneapolis (DNS)        9.23 3/4       dn 1/4                 8.72 1/2
   Portland (SWW)              N/A         n/a                       n/a
   St. Louis (SRW)             8.37        up 2                      5.89
 
Corn, US No 2 Yellow: 
   Kansas City                 7.81        up 5                      6.03
   Minneapolis              7.13 1/2       dn 1/2                 6.58 1/2
   So. Iowa                 7.31-7.35 1/2  up 4 1/2           5.81 1/2-5.84 1/2
   Omaha                    7.68-7.74      up 5                   5.93-5.99

Soybeans, US No 1 Yellow: 
   Kansas City                14.39        up 11                    11.17
   Minneapolis             13.94 3/4       up 8 1/2              10.68 1/2
   So. Iowa            14.03 3/4-14.15 3/4 up 10 1/2         10.93 1/2-11.03 1/2
   Cent. Il Processor          n/a         n/a                       n/a
 
FUTURES: 
   Kansas City (Dec) Wheat     8.78 1/4    up 2                   6.43 1/2
   Minneapolis (Dec) Wheat     9.13 3/4    dn 1/4                 8.27 1/4
   Chicago     (Dec) Wheat     8.47 3/4    up 2 1/2               5.74 1/2
   Chicago     (Dec) Corn      7.45 1/2    up 4 1/2               5.82 1/2
   Chicago     (Jan) Soybeans 14.18 3/4    up 10 1/2             11.06 1/2

*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: 
     Rail     n/a                    n/a                             n/a
US 2 Soft Red Winter Wheat:                                   
     Barge    n/a                    n/a                             n/a
Yellow Corn:                                                                
     Barge    n/a                    n/a                             n/a
US 2 Sorghum                                              
     Rail     n/a                    n/a                             n/a
     Barge    n/a                    n/a                             n/a
US 2 Yellow Soybeans                 
     Barge    n/a                    n/a                             n/a

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1306c    bro





. 

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