Weekly National Grain Market Review
SJ_GR851
St. Joseph, MO    Fri Mar 15, 2019   USDA-MO Dept of Ag Market News

WEEKLY NATIONAL GRAIN MARKET REVIEW

  Compared to last week, cash bids for wheat and soybeans were mixed, corn and
sorghum were mostly higher.  Ethanol production for week ending March 8th totaled
1.005 million barrels per day, a 19 million barrel decrease compared to the week
prior. Export sales for week ending March 7th totaled 14.6 million bushels of corn, 70.3
million bushels of soybeans, and 9.7 million bushels of wheat.  Wheat was 25 to cents
lower to 30 cents higher.  Corn was 5 to 10 cents higher.  Sorghum was 9 to 19 cents
higher.  Soybeans were 4 cents lower to 3 cents higher.

   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 30
cents higher from 5.87 1/2-6.02 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 14
to 18 cents higher at 4.81 per bushel.  Minneapolis and Duluth US No 1 Dark Northern
Spring, 14.0 to 14.5 percent protein rail, was 25 1/2 cents lower at 6.92 1/2 per
bushel.  Portland US Soft White wheat rail was steady from 5.90-6.30 per bushel.

   CORN:  Kansas City US No 2 rail White Corn was 10 to 10 1/2 cents higher from 3.81
1/4-3.87 1/4 per bushel.  Kansas City US No 2 truck Yellow Corn was 5 cents higher
from 3.55 1/4-3.70 1/4 per bushel.  Omaha US No 2 Yellow Corn was 7 to 8 cents higher
from 3.60-3.65 per bushel.  Chicago US No 2 Yellow Corn was 4 to 5 cents higher from
3.25 1/4-3.47 1/4 per bushel.  Toledo US No 2 rail Yellow corn was 5 cents higher
from 3.58 1/4-3.62 1/4 per bushel.  Minneapolis US No 2 Yellow corn rail was not
quoted.

   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20 day
was 7 to 18 cents higher from 3.03 1/2-3.43 1/2 per bushel.  US No 3 or better rail
malting Barley, 70 percent or better plump out of Minneapolis was not quoted.
Portland US 2 Barley, unit trains and Barges-export was not quoted.

   SORGHUM:  US No 2 yellow truck, Kansas City was 9 cents higher from 5.90-5.99 per
cwt.  Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob
elevator) was 9 to 19 cents higher from 5.98-6.70 per cwt.

   OILSEEDS:  Minneapolis Yellow truck soybeans were not quoted.  Illinois Processors
US No 1 Yellow truck soybeans were 3 cents lower to 3 cents higher from 8.60 1/2-8.71
1/2 per bushel.  Kansas City US No 2 Yellow truck soybeans were 4 cents lower from
8.45 1/2-8.71 1/2 per bushel.  Illinois 48 percent soybean meal, processor rail bid
was 5.60 higher from 306.90-310.90 per bushel.  Central Illinois Crude Soybean oil
processor bid was 0.10 points lower from 28.57-29.07 per cwt.

Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Voluntary Staff, Market Reporter 816-676-7000  StJoe.LGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/SJ_GR851.txt
        For more Grain Market News:
        https://www.ams.usda.gov/market-news/livestock-poultry-grain

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