Daily National Grain Market Summary

SJ_GR850  
St. Joseph, MO    Tue Jan 11, 2011    USDA-MO Dept Ag Market News

   Grain bids closed mixed with soybeans trading moderately lower on profit 
taking ahead of the USDA report on Wednesday.  Dry weather in Argentina lend 
some support to corn.  Wheat was steady to 7 cents lower.  Corn was steady to 5 
cents higher.  Sorghum was steady to soybeans were 22-24 cents lower.

                               DATE          CHANGE              YEAR AGO
TRUCK BIDS:                  01/11/11       01/10/11             01/12/10

Wheat:                                                          
   Kansas City (HRW ORD)        7.63        dn 4                 4.66-4.69  
   Minneapolis (DNS)         8.95 1/4       unch                 5.70 3/4
   Portland (SWW)            7.60-7.70      unch                 4.65-4.85 
   St. Louis (SRW)              7.24         n/a                    4.28   
 
Corn, US No 2 Yellow:        
   Kansas City               5.89-5.91      unch                 3.69-3.73
   Minneapolis                 No Bid       n/a                  3.34 1/2
   So. Iowa                  5.84-5.87      unch                 3.42-3.53 1/2
   Omaha                     5.77-5.82      n/a                  3.53-4.65

Soybeans, US No 1 Yellow:                    
   Kansas City             13.19-13.22      dn 24                   9.53
   Minneapolis                No Bid        n/a                    No Bid     
   So. Iowa                13.22-13.35      dn 23 1/2              No Quote
   Cent. Il Processor      13.33-13.47      dn 23 1/2            9.76-9.83 

FUTURES:                                                                
   Kansas City (Mar) Wheat     8.38         dn 3 1/2             5.34
   Minneapolis (Mar) Wheat     8.65 1/4     unch                 5.40 3/4
   Chicago     (Mar) Wheat     7.59 1/2     dn 7 3/4             5.35 3/4
   Chicago     (Mar) Corn      6.07         unch                 3.92 1/2
   Chicago     (Mar) Soybeans 13.57         dn 23 1/2            9.78
    
*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   8.38-8.56 3/4            dn 3 1/2                    5.58-5.59
US 2 Soft Red Winter Wheat:                                  
     Barge  8.24 1/2                 dn 7 3/4                5.50 3/4-5.53 3/4
Yellow Corn:                                                                
     Barge  6.45-6.46                up 5-3                  4.26 1/2-4.30 1/2
US 2 Sorghum                                                 
     Rail   10.48-10.93              unch                           7.46
     Barge  11.37 1/2-11.64 1/4      unch                           8.17
US 2 Yellow Soybeans                
     Barge  14.12-14.17              dn 22 1/2-23 1/2           10.36-10.44
  
SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1519c    bro



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