QA_GR110
New Holland, PA     Mon Sep 26, 2016     USDA Market News

Pennsylvania Weekly Grain Report - Lewisburg, PA

   The market information listed below is collected through the USDA Quality 
Systems Assessment (QSA) Livestock Auction Market Reporting (LAMR) program 
under the supervision and oversight of USDA Livestock and Grain Market News.

   Grain and soybean markets continue to trend towards harvest lows. Basis is 
weakening but still remains positive for corn. Soybean basis is mostly 30 
cents under the CME in many location. All prices are reported per bushel 
delivered to the grain mill or elevator. Basis reflects the CME prior day 
close.   


                                 US NO 2 YELLOW CORN
            Bids            Change        Basis             Change
Eastern    3.5700-3.7500    DN 3-DN 16    20.5Z to 38.5Z    DN 9.5-DN 22.5
Central    3.6000-3.7500    UP 5-DN 45    23.5Z to 38.5Z    DN 1.5-DN 51.5
Western    3.1900-3.6900    UP 24-UP 14   -17.5Z to 32.5Z   UP 17.5-UP 7.5

                          US NO 2 SOFT RED WINTER WHEAT
            Bids            Change        Basis             Change
Eastern    4.0000-4.6400    UP 36-UP 11   -5Z to 59Z        UP 7-DN 18
Central    3.9900-4.0000    No Comp       -6Z to -5Z        No Comp
Western    3.4400-3.5000    UP 1-UP 2     -61Z to -55Z      DN 28-DN 27

                                   US NO 2 SOYBEANS
            Bids            Change        Basis             Change
Eastern    9.0000-9.4000    DN 10-DN 25   -55X to -15X      UP 32.25-UP 17.25
Central    9.1900-9.2500    UP 49-DN 75   -36X to -30X      UP 91.25-DN 32.75
Western      NA               NA            NA                NA

                     AVERAGE BID PRICE
            Corn    Wheat   Soybeans
Eastern     3.69    4.19     9.18
Central     3.67    4.00     9.21
Western     3.32    3.47      NA

                                    EASTERN - CONTRACTS
            Bids            Change        Basis             Change
Corn         NA               NA            NA                NA
Wheat      4.3000-4.7800    No Comp       -20N to 28N       No Comp
Soybeans     NA               NA            NA                NA


Source: USDA Market News Service, New Holland, PA
        Levi Geyer, Market Reporter 717-354-2391
        www.ams.usda.gov/mnreports/QA_GR110.txt
        www.ams.usda.gov/LPSMarketNewsPage


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