Daily National Grain Market Summary
10/28/2009 04:01PM
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St. Joseph, MO Wed Oct 28, 2009 USDA-MO Dept Ag Market News
Daily National Grain Market Summary
With rain in the forecast for the next several days grains again closed lower
with modest loses as outside market pressure was evident. The stock market was
lower, with crude oil sharply lower, precious metals were lower as the dollar
continued to rally. Wheat closed mostly 7-8 cents lower. Corn traded 1-2 cents
lower. Soybeans closed 5 cents lower.
DATE CHANGE YEAR AGO
TRUCK BIDS: 10/28/09 10/27/09 10/29/08
Wheat:
Kansas City (HRW ORD) 4.37-4.42 dn 9 5.46-5.48
Minneapolis (DNS) 5.39 dn 7 1/2 7.02 1/2
Portland (SWW) 4.70-4.80 up 8-unch 4.80
St. Louis (SRW) 3.05 dn 8 3.90
Corn, US No 2 Yellow:
Kansas City 3.46-3.49 unch-dn 2 4.06-4.09
Minneapolis 3.34 dn 1 1/2 3.77 3/4
So. Iowa 3.46-3.49 dn 3/4-1 3/4 3.57 3/4-3.69 3/4
Omaha 3.45-3.56 dn 2 4.04-4.16
Soybeans, US No 1 Yellow:
Kansas City 9.69 dn 5 9.27
Minneapolis 9.51 1/2 dn 5 8.74 1/4
So. Iowa 9.60 1/2-9.66 dn 5 8.74 1/4-8.76 1/4
Cent. Il Processor 9.63 1/2-9.88 1/2 dn 5 9.27 1/4-9.42 1/4
FUTURES:
Kansas City (Dec) Wheat 5.02 1/4 dn 8 1/4 5.98
Minneapolis (Dec) Wheat 5.19 dn 7 1/2 6.62 1/2
Chicago (Dec) Wheat 4.94 3/4 dn 8 1/2 5.61 1/4
Chicago (Dec) Corn 3.69 dn 1 3/4 4.20 3/4
Chicago (Nov) Soybeans 9.68 1/2 dn 5 9.37 1/4
*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 5.32 1/4-5.42 1/4 dn 8 1/4 6.38-6.53
US 2 Soft Red Winter Wheat:
Barge 4.74 3/4-5.04 3/4 dn 8 1/2-up 11 1/2 5.16 1/4-5.21 1/4
2 Yellow Corn:
Barge 4.19-4.25 dn 3 3/4-5 3/4 4.72 3/4-4.75 3/4
US 2 Sorghum
Rail 7.04-7.30 dn 3 7.60-7.78
Barge 7.89 1/4 dn 3 1/4 n/a
US 2 Yellow Soybeans
Barge 10.46 1/2-10.48 1/2 dn 5-13 9.90 1/4-9.97 1/4
SOURCE: USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
Greg Harrison, Market Reporter (816)238-0678
www.ams.usda.gov/LSMarketNews
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