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Daily National Grain Market Summary USDA - Fri Apr 13, 4:15PM CDT SJ_GR850
St. Joseph, MO Fri, Apr 13, 2018 USDA-MO Dept of Ag Market News
Daily National Grain Market Summary
Compared to yesterday, cash bids for wheat, soybeans, and corn were lower,
while sorghum was not quoted today. Friday's weather map was active with
another winter storm forming in the northwestern Plains, threatening blizzard
conditions as far south as northwestern Kansas and bringing more rain across the
central and Eastern Corn Belt this weekend. While the fundamental situation
remains bullish for soybean prices outside the U.S., here within the U.S., the
outlook is neutral. U.S. soybean exports are down 13% from a year ago, but have
a chance to improve as Brazil's higher prices suggest tight supplies down South.
The outlook for winter wheat remains bearish with most of the world off to a
good start. Corn was 1 1/2 to 8 1/2 cents lower. Sorghum was not quoted today.
Soybeans were 1 1/2 to 11 1/2 cents lower. Wheat was 1 1/2 to 11 1/2 cents
lower.
DATE CHANGE YEAR AGO
TRUCK BIDS: 4/13/2018 4/12/2018 4/14/2017
Wheat:
Kansas City (HRW ORD) 4.8575 DN 11.75 #N/A
Minneapolis 6.4700 DN 6.00 #N/A
Portland (SWW) 5.7850-5.8950 DN 3.50-DN 1.50 #N/A
St. Louis (SRW) n/a No Comp #N/A
Corn, US No 2 Yellow:
Kansas City 3.7325 DN 1.50 #N/A
Minneapolis 3.3725 DN 2.50 #N/A
So. Iowa 3.3725-3.4625 DN 5.50-DN 8.50 #N/A
Omaha 3.6600-3.6900 DN 3.00 #N/A
Soybeans, US No 1 Yellow:
Kansas City 10.2425-10.2925 DN 1.50 #N/A
Minneapolis 9.9725 DN 6.50 #N/A
So. Iowa 9.9725-10.1225 DN 11.50-DN 6.50 #N/A
Cent. Il Processor 10.3425-10.4625 DN 6.50 #N/A
FUTURES:
Kansas City Wheat (May) 4.9575 DN 11.75 #N/A
Minneapolis Wheat (May) 6.1700 DN 6.00 #N/A
Chicago Wheat (May) 4.7250 DN 8.50 #N/A
Chicago Corn (May) 3.8625 DN 2.50 #N/A
Chicago Soybeans (May) 10.5425 DN 6.50 #N/A
*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
n/a No Comp #N/A
US 2 Soft Red Winter Wheat
5.3050-5.4450 DN 8.50 #N/A
Corn
Barge 4.4525-4.5625 DN 2.50-UP 3.50 #N/A
US 2 Sorghum
Rail n/a No Comp #N/A
Barge n/a No Comp #N/A
US 2 Yellow Soybeans
Barge 11.1425-11.2525 DN 6.50-DN 2.50 #N/A
Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
Lindsay Brunet, Market Reporter 816-676-7000 StJoe.LGMN@ams.usda.gov
www.ams.usda.gov/mnreports/SJ_GR850.txt
For more Grain Market News:
https://www.ams.usda.gov/market-news/livestock-poultry-grain
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