USDA National Grain Review

ST. JOSEPH - Sep 25/15 - SNS -- The USDA issued its latest weekly national grain market review, covering the period through Sep 25.

WEEKLY NATIONAL GRAIN MARKET REVIEW
   Compared to last week, grain and soybean bids were mixed.  Corn and soybean
bids saw a boost from good export sales.  However, sharp losses in the stock
market and favorable harvest pressure across the Midwest kept bids in negative
territory.  Harvest continues to pick up with better than expected yields
reported.  Export sales for corn came in at 16.8 mb (426,300 mt) with all for
the 2015-2016 marketing year.  Soybeans export sales were listed at 48.4 mb
(1,316,000 mt) with all for the 2015-2016 marketing year.  Weekly export sales
for all wheat were reported at 11.5 mb (313,700 mt) with 10.4 mb (282,800 mt)
for the 2015-2016 marketing year.  Wheat was 21 cents lower to 51 cents higher.
Corn was 13 cents lower to 3 cents higher.  Sorghum was 24 cents lower to 13
cents higher.  Soybeans were 16-31 cents lower.
   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 8
3/4 to 10 3/4 cents higher from 5.36-5.60 per bushel.  Kansas City US No 2 Soft
Red winter rail bid was not quoted.  St. Louis truck US No 2 Soft Red Winter
terminal bid was 16 to 51 cents higher from 4.12-4.57 per bushel.  Minneapolis
and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was
1 1/4 to 21 1/4 cents lower from 5.94-6.34 per bushel.  Portland US Soft White
wheat rail was not available per bushel.
   CORN:  Kansas City US No 2 rail White Corn was steady to 2 cents lower from
3.79-3.84 per bushel.  Kansas City US No 2 truck Yellow Corn was 1 3/4 cents
higher from 3.61 1/2-3.64 1/2 cents per bushel.  Omaha US No 2 Yellow Corn was
steady to 2 cents higher from 3.52-3.60 per bushel.  Chicago US No 2 Yellow Corn
was 3 1/4 to 13 1/4 cents lower from 3.58 1/2-3.79 1/2 per bushel.  Toledo US No
2 rail Yellow corn was 1 3/4 to 3 3/4 cents higher from 3.66 1/2-3.75 1/2 per
bushel.  Minneapolis US No 2 Yellow corn rail was 1 3/4 cents higher at 3.21 1/2
per bushel.
   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20
day was 5 1/2 to 20 1/2 cents lower from 2.26 1/4-2.81 1/4 per bushel.  US No 3
or better rail malting Barley, 70 percent or better plump out of Minneapolis was
steady at 4.95 per bushel.  Portland US 2 Barley, unit trains and Barges-export
was not available.
   SORGHUM:  US No 2 yellow truck, Kansas City was 15 to 24 cents lower from
5.92-6.01 per cwt.  Texas High Plains US No 2 yellow sorghum (prices paid or bid
to the farmer, fob elevator) was 4 to 13 cents higher from 6.02-6.31 per cwt.
   OILSEEDS:  Minneapolis Yellow truck soybeans were 22 1/2 cents lower at 8.27
1/2 per bushel.  Illinois Processors US No 1 Yellow truck soybeans were 31 1/2
cents lower from 8.58-8.78 per bushel.  Kansas City US No 2 Yellow truck
soybeans were 16 1/2 cents lower at 8.78 per bushel.  Illinois 48 percent
Soybean meal, processor rail bid was 7.80 to 8.80 lower from 324.40-327.40 per
ton.  Central Illinois Crude Soybean oil processor bid was 31 to 56 points
higher from 25.98-26.98 cents per pound.
SOURCE:  USDA-MO Dept of Ag Market News Service, St Joseph, MO

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