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USDA Grain Market Summary for Dec 9
ST. JOSEPH - Dec 9/03 - SNS -- The USDA this afternoon released its latest daily summary of grain market conditions in that country.
Daily National Grain Market Summary
Grain and soybean bids mostly higher again today with soybeans sharply higher
for the second consecutive day. Wheat 1-2 cents higher except St. Louis down 6
cents, corn 1-3 higher, sorghum 3 cents higher, soybeans 16-19 cents higher.
Expectations that China will be in the soybean market spurred demand.
EXPORT SALES:
PURCHASER COMMODITY TONNAGE DELIVERY DATE
No sales.
Total:
**THESE MAY NOT BE THE ONLY EXPORT SALES THAT HAVE TRANSPIRED, BUT THEY ARE THE
ONLY SALES THAT COULD BE CONFIRMED BY USDA GRAIN MARKET NEWS.**
TRUCK BIDS: 12/09/03 12/08/03 12/10/02
Wheat:
Kansas City (HRW ORD) 4.05-4.08 up 1-dn 1 4.10
Minneapolis (DNS) 4.22 up 2 1/4 4.30 1/4
Portland (SWW) 4.00-4.01 up 2-1 4.11-4.12
St. Louis (SRW) 4.18 dn 6 3.71
Corn, US No 2 Yellow:
Kansas City 2.58-2.54 up 5-2 2.42-2.46
Minneapolis 2.32 1/4 up 3 3/4 2.05 1/4
So. Iowa 2.42-2.43 up 1-dn 1 2.25-2.27
Omaha 2.40 up 2 2.24-2.28
Soybeans, US No 1 Yellow:
Kansas City 7.79-7.82 up 18-19 5.61-5.64
Minneapolis No Bid No Bid
So. Iowa 7.69-7.78 up 16 5.44-5.48
Cent. Il Processor 7.82-7.93 up 16 1/4 5.06 1/2-5.69 1/2
**Minneapolis truck - to arrive 20 days**
FUTURES:
Kansas City (Mar) Wheat 4.02 1/2 dn 1 1/4 3.81
Minneapolis (Mar) Wheat 4.04 up 2 1/4 3.95 1/4
Chicago (Mar) Wheat 4.06 1/2 dn 3 3.49 1/2
Chicago (Mar) Corn 2.49 3/4 up 1 3/4 2.38 1/4
Chicago (Jan) Soybeans 7.87 up 16 1/4 5.60 1/2 Mar
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 4.57 1/2-4.62 1/2 dn 6 1/4-1-1/4 4.31-4.41
US 2 Soft Red Winter Wheat:
Barge 4.51 1/2-4.53 1/2 dn 5-4 3.94 1/2-4.00 1/2
US 2 Yellow Corn
Barge 2.87 3/4 up 2 1/4 2.71 1/4
US 2 Yellow Sorghum
Rail 5.44 up 23-3 4.97-5.16
Barge 5.53 up 3 5.29
US 2 Yellow Soybeans
Barge 8.27-8.28 up 17 1/4 6.06-6.08
SOURCE: USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
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