Daily National Grain Market Summary
SJ_GR850
St. Joseph, MO     Fri, Feb 23, 2018     USDA-MO Dept of Ag Market News

Daily National Grain Market Summary

  Compared to yesterday, cash bids for corn and sorghum were lower, soybeans
were higher, and wheat was mixed.  USDA said last week's export sales and
shipments of corn totaled 61.2 million bushels and 33.5 mb respectively, another
bearish combination for the week that has total exports down 29% in 2017-18 from
a year ago.  In spite of USDA's lower price estimate and with plenty of
uncertainty ahead, the trend remains up for both, May soybeans and May soybean
meal.  Early Friday, USDA said last week's export sales and shipments of wheat
totaled 12.1 mb and 15.4 mb respectively, still bearish amounts that are not
creating much movement of U.S. wheat supplies.  Corn was steady to 2 1/2 cents
lower.  Sorghum was 1 cent lower.  Soybeans were 4 1/4 cents higher.  Wheat was
mixed.


                             DATE               CHANGE                 YEAR AGO
TRUCK BIDS:                  2/23/2018         2/22/2018              2/24/2017

Wheat:
   Kansas City (HRW ORD)     4.6400            DN 1.75                  4.0875
   Minneapolis               6.1575            DN 2.25                  5.6375
   Portland (SWW)            5.3000-5.6200       UNCH                4.6625-4.8700
   St. Louis (SRW)           4.5200-4.7200     UP 1.00-UP 6.00       4.2600-4.3600

Corn, US No 2 Yellow:
   Kansas City               3.5125            DN 0.50               3.4400-3.4600
   Minneapolis               n/a               No Comp               3.4400-3.4600
   So. Iowa                  3.4125-3.5225     DN 0.50-DN 2.50       3.4400-3.5900
   Omaha                     3.4300-3.5200     DN 1.00-UNCH          3.2400-3.3300

Soybeans, US No 1 Yellow:
   Kansas City               10.0625           UP 4.25               9.6350-9.6550
   Minneapolis               n/a               No Comp                   n/a
   So. Iowa                  9.9125-9.9925     UP 4.25               9.7550-9.9300
   Cent. Il Processor        10.1425-10.3325   UP 4.25               9.9850-10.1050

FUTURES:
   Kansas City Wheat  (Mar)  4.6900            DN 1.75                  4.5375
   Minneapolis Wheat  (Mar)  6.0075            DN 2.25                  5.4475
   Chicago Wheat      (Mar)  4.5225            UP 1.00                  4.3125
   Chicago Corn       (Mar)  3.6625            DN 0.50                  3.6400
   Chicago Soybeans   (Mar)  10.3625           UP 4.25                 10.1350

*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
                             n/a               No Comp               4.2375-4.3375
US 2 Soft Red Winter Wheat
                             5.1225-5.1725     UP 1.00               4.8625-4.8925
Corn
  Barge                      4.1225-4.2125     DN 0.50               4.0800-4.1300
US 2 Sorghum
  Rail                       8.3250-8.6825     DN 1.00               6.8575-7.1600
  Barge                      n/a               No Comp                   n/a
US 2 Yellow Soybeans
  Barge                      10.7125-10.7225   UP 4.25               10.4250-10.4850


Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Lindsay Brunet, Market Reporter 816-676-7000   StJoe.LGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/SJ_GR850.txt
        For more Grain Market News:
        https://www.ams.usda.gov/market-news/livestock-poultry-grain

               15:03Clrb

















































































































































































































                                                                                                        lrb