STAT Communications Ag Market News

USDA National Grain Review

ST. JOSEPH - Sep 11/15 - SNS -- The USDA issued its latest weekly national grain market review, covering the period through Sep 11.

WEEKLY NATIONAL GRAIN MARKET REVIEW
   Compared to last week, grain and soybean bids were mostly higher. Sharp gains
early in the week in the Stock Market as well as gains in most commodity markets
lend support.  A lower dollar also helped grains into positive territory.
Harvest is starting to appear in parts of the corn-belt.  However, in a few
weeks it should be in full swing.  Parts of the Midwest saw heavy rain with
flooding in low areas.  Wheat was mostly 8-3 cents higher.  Corn was mostly 6-12
cents higher.  Sorghum was 21-23 cents higher.  Soybeans were 4-9 cents higher
with KC 10 cents lower.
   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 9
3/4 cents higher from 5.28 1/2-5.42 1/2 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 13 cents higher from 3.98-4.38 per bushel.  Minneapolis and
Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 1
1/2 cents lower to 8 1/2 cents higher from 5.78 3/4-5.93 3/4 per bushel.
Portland US Soft White wheat rail was steady to 12 3/ cents higher from 5.33-
5.35 per bushel.
   CORN:  Kansas City US No 2 rail White Corn was 6 to 7 cents higher from 3.67-
3.75 per bushel.  Kansas City US No 2 truck Yellow Corn was 9 3/4 to 12 3/4
cents higher from 3.59 1/4-3.61 1/4 cents per bushel.  Omaha US No 2 Yellow Corn
was 8 to 10 cents higher from 3.52-3.56 per bushel.  Chicago US No 2 Yellow Corn
was 11 1/4 cents lower to 12 3/4 cents higher from 3.56 1/4-3.59 1/4 per bushel.
Toledo US No 2 rail Yellow corn was 12 3/4 cents higher from 3.73 1/4-3.76 1/4
per bushel.  Minneapolis US No 2 Yellow corn rail was 12 3/4 cents higher at
3.19 1/4 per bushel.
   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20
day was 9 1/4 cents higher at 2.87 per bushel.  US No 3 or better rail malting
Barley, 70 percent or better plump out of Minneapolis was not available per
bushel.  Portland US 2 Barley, unit trains and Barges-export was not available.
   SORGHUM:  US No 2 yellow truck, Kansas City was 22 to 23 cents higher from
5.97-6.06 cwt.  Texas High Plains US No 2 yellow sorghum (prices paid or bid to
the farmer, fob elevator) was 21 to 23 cents higher from 5.79-6.31 per cwt.
   OILSEEDS:  Minneapolis Yellow truck soybeans were 4 1/2 cents higher at 8.39
per bushel.  Illinois Processors US No 1 Yellow truck soybeans were 4 1/2 to 9
1/2 cents higher from 8.84-9.09 per bushel.  Kansas City US No 2 Yellow truck
soybeans were 10 1/2 cents lower at 8.94 per bushel.  Illinois 48 percent
Soybean meal, processor rail bid was 5.50 to 6.50 lower from 328.00-336.00 per
ton.  Central Illinois Crude Soybean oil processor bid was 19 points higher from
26.20-27.45 cents per pound.
SOURCE:  USDA-MO Dept of Ag Market News Service, St Joseph, MO

---

STAT News Service

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.