SJ_GR851 St. Joseph, MO Fri Sep 23, 2016 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, grain and soybean bids were mostly higher. However, the highs were limited as early yields were better than expected. Soybeans saw strength from on-going demand. Wheat saw support from news of Egypt easing on zero percent ergot restriction. The harvest is underway in parts of the southern Plains and Midwest after being delayed last week due to heavy rain. The crop condition ratings for corn and soybeans held steady at 74 percent and 73 percent good to excellent condition, respectively. 53 percent of the corn crop is mature, with 9 percent harvested. 46 percent of soybeans are dropping leaves, with 4 percent of the crop harvested. 98 percent of spring wheat is harvested, with 17 percent of winter wheat planted. Weekly export sales and shipments for wheat were bullish coming in at 30.6 million bushel and 20.3 mb, respectively. Corn export sales were bullish and were listed at 36.5 mb, with shipments at 53.3 mb. Export sales for soybeans totaled 32.2 mb, with shipments at 29.0 mb which was neutral. Wheat was mostly 4-20 cents higher. Corn was mostly 6-12 cents higher. Sorghum was 11-12 cents higher. Soybeans were 18-26 cents higher, with Illinois trading 4-14 cents lower. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 1 3/4 to 4 3/4 cents higher from 3.90 3/4-4.62 3/4 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 4 to 6 cents higher from 3.69-4.15 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 15 to 20 cents higher at 5.66 1/4 per bushel. Portland US Soft White wheat rail was 5 1/2 to 6 cents higher from 4.75-4.85 1/2 per bushel. CORN: Kansas City US No 2 rail White Corn was not available per bushel. Kansas City US No 2 truck Yellow Corn was 6 3/4 cents higher from 3.04 3/4-3.07 3/4 per bushel. Omaha US No 2 Yellow Corn was 6 to 12 cents higher from 3.02- 3.09 per bushel. Chicago US No 2 Yellow Corn was 6 3/4 cents higher from 3.06 3/4-3.26 3/4 per bushel. Toledo US No 2 rail Yellow corn was 1 3/4 cents higher from 3.08 3/4-3.11 3/4 per bushel. Minneapolis US No 2 Yellow corn rail was 8 3/4 cents higher at 2.86 3/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 4 1/4 cents lower at 2.27 1/4 per bushel. US No 3 or better rail malting Barley, 70 percent or better plump out of Minneapolis was not available. Portland US 2 Barley, unit trains and Barges-export was not available. SORGHUM: US No 2 yellow truck, Kansas City was 12 cents higher at 4.94 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 11 to 12 cents higher from 5.03-5.11 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 26 cents higher at 9.36 1/2 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 4 to 14 cents lower from 9.56 1/2-9.86 1/2 per bushel. Kansas City US No 2 Yellow truck soybeans were 18 cents higher at 9.96 1/2 per bushel. Illinois 48 percent Soybean meal, processor rail bid was 15.70 lower to 1.30 higher from 330.90- 342.90 per ton. Central Illinois Crude Soybean oil processor bid was 192 to 217 points higher from 32.46-33.96 cents per pound. SOURCE: USDA-MO Dept of Ag Market News Service, St Joseph, MO Baldemar Ortiz, Market Reporter (816)676-7000 www.ams.usda.gov/mnreports/SJ_GR851.txt For more Grain Market News: www.ams.usda.gov/lsg/mncs/ls_grain.htm 0822C bro