SJ_GR851 St. Joseph, MO Fri Dec 06, 2013 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, grain and soybean bids traded mixed. Corn and wheat received a spark from buying interest early in the week. However, Canada’s wheat production was pegged at a record 37.53 million tonnes with estimates of 33.8 million tonnes which added pressure to wheat. Soybeans had slight losses on a weak tone in global markets and lower soy meal, but good demand and export sales also lend support. Weekly export sales for wheat came in at 229,200 tonnes which was lower than expected. Corn export sales came in at 593,600 tonnes which was also below trade expectations. Export sales for soybeans were good coming in at 805,200 tonnes for the current marketing year and 355,600 for the next for a total of 1.160 million tonnes. Meal sales came in at 120,400 tonnes for the current marketing year and 10,500 for the next for a total of 130,900 tonnes. Oil sales came in at 1,400 tonnes. Wheat was 37 cents lower to 32 cents higher. Corn was 4-16 cents higher. Sorghum was 11-55 cents higher. Soybeans were 8 cents lower to 8 cents higher. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 11 1/4 to 37 1/4 cents lower from 8.10 1/4-8.45 1/4 per bushel. Kansas City US No 2 Soft Red winter rail bid was not quoted. St. Louis truck US No 2 Soft Red Winter terminal bid was 8 cents lower at 6.68 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 7 1/2 cents lower to 32 1/2 cents higher from 8.39 1/4-8.84 1/4 per bushel. Portland US Soft White wheat rail was 7 1/4 cents lower to 15 3/4 cents higher from 7.02-7.32 per bushel. CORN: Kansas City US No 2 rail White Corn was 15 to 16 cents higher from 4.77-4.82 per bushel. Kansas City US No 2 truck Yellow Corn was 4 1/4 to 9 1/4 cents higher from 4.26 1/2-4.31 1/2 per bushel. Omaha US No 2 truck Yellow Corn was 11 to 13 cents higher from 4.24-4.26 per bushel. Chicago US No 2 Yellow Corn was 4 1/4 to 7 1/4 cents higher from 4.11 1/2-4.37 1/2 per bushel. Toledo US No 2 rail Yellow corn was 7 1/4 to 9 1/4 cents higher from 4.13 1/2-4.16 1/2 per bushel. Minneapolis US No 2 Yellow corn rail was 16 1/4 cents higher at 4.17 1/2 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 12 to 32 cents lower from 3.60 3/4-3.80 3/4 per bushel. US No 3 or better rail malting Barley, 70 percent or better plump out of Minneapolis was 5 cents higher at 5.50 per bushel. Portland US 2 Barley, unit trains and Barges- export was not available. SORGHUM: US No 2 yellow truck, Kansas City was 11 cents higher at 7.47 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 38 to 55 cents higher from 7.47-7.74 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 8 cents higher at 12.88 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 2 to 8 cents lower from 13.28-13.46 per bushel. Kansas City US No 2 Yellow truck soybeans were 3 cents higher at 13.30 per bushel. Central Illinois 48 percent Soybean meal, processor rail bid was 20 cents to 9.20 higher from 487.10-491.10 per ton. Central Illinois Crude Soybean oil processor bid was 62 points lower to 13 points higher from 38.38-38.63 cents per pound. SOURCE: USDA-MO Dept of Ag Market News Service, St Joseph, MO Baldemar Ortiz, Market Reporter (816)238-0678 www.ams.usda.gov/mnreports/SJ_GR851.txt For more Grain Market News: www.ams.usda.gov/lsg/mncs/ls_grain.htm 0825 bro .