USDA Grain Market Summary for Oct 9

ST. JOSEPH - Oct 9/15 - SNS -- The USDA this afternoon released its latest daily summary of grain market conditions in that country.

Daily National Grain Market Summary
   Grain bids were lower with soybeans trading higher.  Corn was lower on
harvest pressure and higher than expected ending stocks.  Soybeans posted gains
as USDA listed production estimate lower than expected.  Wheat was lower on
plentiful supplies globally.  Wheat was mostly 1-7 cents lower.  Corn was mostly
3-8 cents lower.  Sorghum was 15 cents lower.  Soybeans were 2-9 cents higher.
                              DATE         CHANGE                 YEAR AGO
TRUCK BIDS:                  10/09/15     10/08/15                10/10/14
Wheat:
   Kansas City (HRW ORD)     4.55 1/4       dn 3 1/4          5.57 3/4-5.62 3/4
   Minneapolis               5.39 1/2       dn 1 1/2              5.83 1/4
   Portland (SWW)        5.39 1/4-5.58      dn 2 1/4-unch     6.53 1/2-6.78 1/2
   St. Louis (SRW)           4.24-4.69      dn 2                  3.73-4.58
Corn, US No 2 Yellow:
   Kansas City           3.55 3/4-3.60 3/4  dn 8 1/2              2.74-2.79
   Minneapolis               3.29 3/4       dn 8 1/2                 2.74
   So. Iowa              3.52 3/4-3.57 3/4  dn 3 1/2-8 1/2        2.86-2.99
   Omaha                     3.48-3.53      dn 8                  2.74-2.92
Soybeans, US No 1 Yellow:
   Kansas City               8.85 3/4       up 4 1/2              8.87 1/2
   Minneapolis               8.48 3/4       up 7 1/2              8.95 1/2
   So. Iowa              8.63 3/4-8.78 3/4  up 6 1/2-9 1/2    8.91 1/2-9.06 1/2
Cent. Il Processor       8.75 3/4-8.90 3/4  up 4 1/2          9.20 1/2-9.32 1/2
FUTURES:
   Kansas City (Dec) Wheat     5.00 1/4     dn 3 1/4              5.77 3/4
   Minneapolis (Dec) Wheat     5.29 1/2     dn 1 1/2              5.53 1/4
   Chicago     (Dec) Wheat     5.09 1/4     dn 2 1/4              4.98 1/2
   Chicago     (Dec) Corn      3.82 3/4     dn 8 1/2              3.34
   Chicago     (Nov) Soybeans  8.85 3/4     up 4 1/2              9.22 1/2
*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                      n/a                      6.43 3/4-6.52 3/4
US 2 Soft Red Winter Wheat
            5.54 1/4-5.59 1/4        dn 7 1/4-3 1/4           5.83 1/2-5.84 1/2
US 2 Corn
     Barge  4.25 3/4-4.26 3/4        dn 8 1/2-17 1/2              3.78-3.89
US 2 Sorghum
     Rail   7.99 1/2-8.17 1/2        dn 15 1/4-15             8.10 3/4-9.17 3/4
     Barge  8.15 1/2-8.17 1/2        dn 15 1/4-15             8.28 1/2-8.30 1/4
US 2 Yellow Soybeans
    Barge   9.66 3/4-9.69 3/4        up 2 1/2-4 1/2          10.30 1/2-10.47 1/2
SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO

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