Daily National Grain Market Summary

SJ_GR850
St. Joseph, MO    Fri Apr 13, 2012     USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Corn and wheat posted solid losses with soybeans closing with modest losses 
on negative global economic news in China and Spain and a higher dollar.  Corn 
closed lower as farmers continue on a record planting pace.  With the Stock 
market lower and a strong dollar helped to spark selling pressure on all grains.  
Wheat closed 10-16 cents lower.  Corn traded 6-10 cents lower.  Soybeans closed 
2-4 cents lower.  


                              DATE         CHANGE              YEAR AGO
TRUCK BIDS:                 04/13/12      04/12/12             04/15/11

Wheat: 
   Kansas City (HRW ORD)    6.15-6.17      dn 10                7.86-7.91
   Minneapolis (DNS)        8.94 1/4       dn 12 1/4               9.49
   Portland                 6.90-7.20      dn 20-unch           7.85-7.90
   St. Louis (SRW)             6.46        dn 16                  7.50
 
Corn, US No 2 Yellow: 
   Kansas City                 6.52        dn 10               7.30-7.34
   Minneapolis                 6.07 1/4    dn 10 1/4              7.00
   So. Iowa             6.31 1/4-6.36 1/4  dn 6 1/4-7 1/4      7.27-7.30
   Omaha                    6.37-6.39      dn 9                7.22-7.29

Soybeans, US No 1 Yellow: 
   Kansas City                14.41        dn 4                  13.57
   Minneapolis                14.10 3/4    dn 2 1/4            12.80 3/4
   So. Iowa            14.31 3/4-14.35 3/4 dn 2 1/4-4 1/4  13.13 3/4-13.18 3/4
   Cent. Il Processor  14.36 3/4-14.46 3/4 dn 4 1/4        13.20 3/4-13.33 3/4

FUTURES: 
   Kansas City (May  Wheat     6.43        dn 10               8.65 1/2
   Minneapolis (May) Wheat     8.24 1/4    dn 12 1/4           8.89
   Chicago     (May) Wheat     6.23 1/2    dn 15 3/4           7.44 1/4
   Chicago     (May) Corn      6.29 1/4    dn 8 1/4            7.42
   Chicago     (May) Soybeans 14.36 3/4    dn 4 1/4            13.31 3/4

*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     7.23-7.28              dn 10                     8.65 1/2
US 2 Soft Red Winter Wheat:                                   
     Barge    6.83 1/2-6.88 1/2      dn 17 3/4-15 3/4      8.19 1/4-8.29 1/4
Yellow Corn:                                                                
     Barge    6.92 1/4-6.94 1/4      dn 8 1/4                     8.00
US 2 Sorghum                                              
     Rail     12.11 1/4-12.13        dn 14 3/4                12.80-13.16
     Barge    11.23 3/4-12.04        dn 14 3/4                    n/a
US 2 Yellow Soybeans                
     Barge    14.95 3/4-15.00 3/4    dn 3 1/4-4 1/4       13.89 3/4-13.95 3/4

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1516     glh





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