SJ_GR850  
St. Joseph, MO    Thu May 23, 2013    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain bids were higher with soybeans trading lower for the day.  Wheat was 
higher on good export sales.  Corn saw gains on good ethanol demand and firm 
basis.  Soybeans were lower as cash basis dropped.  Export sales were positive 
this morning for wheat at 239,000 tonnes for the current marketing year and 
713,600 for the next for a total of 952,600 tonnes.  Net weekly export sales for 
corn came in at 104,600 tonnes for the current marketing year and 341,600 for 
the next for a total of 446,200 tonnes.  Net weekly export sales for soybeans 
came in at 183,500 tonnes for the current marketing year and 838,900 for the 
next for a total of 1,022,400 tonnes.  Net soybean meal sales came in at 131,200 
tonnes for the current marketing year and 125,400 for the next for a total of 
256,600.  Soybean oil sales came in at a totlal of 9,600 tonnes which were all 
for the current marketing year.  Wheat was mostly 9-16 cents higher.  Corn was 
mostly steady to 11 cents higher.  Sorghum was 6 cents higher.  Soybeans were 
mostly 5-11 cents lower.
  
                              DATE         CHANGE                YEAR AGO
TRUCK BIDS:                 05/23/13      05/22/13               05/24/12

Wheat:   
   Kansas City (HRW ORD)       7.55        up 12                 6.49-6.52
   Minneapolis (DNS)           8.48 1/4    up 5 1/2              8.35 1/4
   Portland (SWW)           7.80-7.88 1/4  up 10-9 3/4           6.90-6.95
   St. Louis (SRW)             7.30        up 16                    6.68
 
Corn, US No 2 Yellow: 
   Kansas City                 7.32        up 3                     6.24   
   Minneapolis                 6.93        up 11 1/2             5.72 1/2
   So. Iowa                 6.96-7.13      dn 10 1/2-1/2     5.94 1/2-5.98 1/2
   Omaha                    7.27-7.32      unch-up 1             6.11-6.14 

Soybeans, US No 1 Yellow: 
   Kansas City                15.35        up 9                    13.91
   Minneapolis                15.22 1/2    dn 8 3/4                13.52 
   So. Iowa            15.21 1/2-15.35     dn 10 3/4-5 1/4      13.69-13.76    
   Cent. Il Processor  15.44 1/2-15.64 1/2 dn 11 3/4-24 3/4     13.86-13.91    
  
FUTURES: 
   Kansas City (Jul) Wheat     7.54 1/2    up 11 1/4             6.87     
   Minneapolis (Jul) Wheat     8.13 1/4    up 5 1/2              7.75 1/4 
   Chicago     (Jul) Wheat     7.03 1/4    up 14 3/4             6.63     
   Chicago     (Jul) Corn      6.62        up 3 1/2              5.78 1/2
   Chicago     (Aug) Soybeans 14.14 1/2    up 9                 13.76 July   

*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     8.74 1/2-8.75 1/2      up 11 1/4                   7.57-7.62    
US 2 Soft Red Winter Wheat:                                   
     Barge    7.63 1/4-7.78 1/4      up 9 3/4-14 3/4             6.80-6.98     
Yellow Corn:                                                                
     Barge    7.62-7.68              up 1 1/2-2 1/2          6.47 1/2-6.55 1/2
US 2 Sorghum                                              
     Rail     11.82 1/4-12.62 1/2    up 6 1/4                       n/a
     Barge    12.00-12.62 1/2        no comp                        n/a
US 2 Yellow Soybeans
     Barge    15.84 1/2-15.99 1/2    dn 9 3/4                   14.27-14.32     

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