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Montana Grain Market Report

BILLINGS - Sep 5/08 - SNS -- USDA review of closing elevator bids in Montana for wheat, durum, feed and malting barley and oats.


Closing elevator bids: Compared to Thursday, Winter Wheat was 14 to 26 cents
lower; Spring Wheat 16 to 26 lower, few 19 higher; Durum Wheat steady; Malt
Barley steady; Feed Barley steady.  Wheat prices are in dollars per bushel.

                        *Montana cash prices*
                   US 1 Hard Red Winter Wheat                    US 1 Durum
                  Ordinary     11 pct      12 pct       13 pct      13pct
Billings Area      6.30-7.09  6.80-7.29    7.17-7.59    7.41-7.64
Golden Triangle    6.51-6.52  6.92-7.09    7.22-7.40    7.48-7.70    11.25-11.75
Great Falls Area   6.69-7.06  7.09-7.26    7.44-7.56    7.74-7.80
Northcentral Mt    6.54-6.96  6.98-7.36    7.25-7.66    7.55-7.82
Northeast Mt       6.30-6.50  6.70-6.90    7.03-7.23    7.29-7.49    11.15-11.25
Southeast Mt       6.36-6.47  6.50-6.87    6.60-7.20    6.80-7.46
Southwest Mt       NB          NB          7.75        NB

                US 1 Dark Northern Spring Wheat         US 1 Soft White
                  13 pct       14 pct       15 pct             Wheat
Billings Area      7.50-7.79    7.80-8.39    8.20-8.79
Golden Triangle    7.43-7.59    8.03-8.19    8.43-8.59
Great Falls Area   7.59-7.78    7.95-8.38    8.22-8.82
Northcentral Mt    7.61-7.73    7.92-8.45    8.08-9.05
Northeast Mt       7.18-7.68    7.87-8.10    8.00-8.58
Southeast Mt       6.87-7.35    7.27-8.07    7.35-8.55
Southwest Mt       7.73         8.45         8.85

                US 1 Malt Barley  US 2 Feed        US 2
                 Harr/cwt         Barley/cwt      Oats/cwt
Billings Area     na              na               na
Golden Triangle   13.50           8.75-8.90
Great Falls Area  14.00           8.45-8.55
Northcentral Mt   12.50           7.00
Northeast Mt      12.00           7.41-8.25
Southeast Mt                      7.41
Southwest Mt                      8.50

*Prices not necessarily representative of all terminals within MT.

Source:  USDA Market News Service, Billings, MT

---

STAT News Service


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