Daily National Grain Market Summary
St. Joseph, MO     Fri, Apr 13, 2018     USDA-MO Dept of Ag Market News

Daily National Grain Market Summary

  Compared to yesterday, cash bids for wheat, soybeans, and corn were lower,
while sorghum was not quoted today.  Friday's weather map was active with
another winter storm forming in the northwestern Plains, threatening blizzard
conditions as far south as northwestern Kansas and bringing more rain across the
central and Eastern Corn Belt this weekend.  While the fundamental situation
remains bullish for soybean prices outside the U.S., here within the U.S., the
outlook is neutral. U.S. soybean exports are down 13% from a year ago, but have
a chance to improve as Brazil's higher prices suggest tight supplies down South.
The outlook for winter wheat remains bearish with most of the world off to a
good start.  Corn was 1 1/2 to 8 1/2 cents lower.  Sorghum was not quoted today.
Soybeans were 1 1/2 to 11 1/2 cents lower.  Wheat was 1 1/2 to 11 1/2 cents

                             DATE               CHANGE                 YEAR AGO
TRUCK BIDS:                  4/13/2018         4/12/2018              4/14/2017

   Kansas City (HRW ORD)     4.8575            DN 11.75                  #N/A
   Minneapolis               6.4700            DN 6.00                   #N/A
   Portland (SWW)            5.7850-5.8950     DN 3.50-DN 1.50           #N/A
   St. Louis (SRW)           n/a               No Comp                   #N/A

Corn, US No 2 Yellow:
   Kansas City               3.7325            DN 1.50                   #N/A
   Minneapolis               3.3725            DN 2.50                   #N/A
   So. Iowa                  3.3725-3.4625     DN 5.50-DN 8.50           #N/A
   Omaha                     3.6600-3.6900     DN 3.00                   #N/A

Soybeans, US No 1 Yellow:
   Kansas City               10.2425-10.2925   DN 1.50                   #N/A
   Minneapolis               9.9725            DN 6.50                   #N/A
   So. Iowa                  9.9725-10.1225    DN 11.50-DN 6.50          #N/A
   Cent. Il Processor        10.3425-10.4625   DN 6.50                   #N/A

   Kansas City Wheat  (May)  4.9575            DN 11.75                  #N/A
   Minneapolis Wheat  (May)  6.1700            DN 6.00                   #N/A
   Chicago Wheat      (May)  4.7250            DN 8.50                   #N/A
   Chicago Corn       (May)  3.8625            DN 2.50                   #N/A
   Chicago Soybeans   (May)  10.5425           DN 6.50                   #N/A

*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               No Comp                   #N/A
US 2 Soft Red Winter Wheat
                             5.3050-5.4450     DN 8.50                   #N/A
  Barge                      4.4525-4.5625     DN 2.50-UP 3.50           #N/A
US 2 Sorghum
  Rail                       n/a               No Comp                   #N/A
  Barge                      n/a               No Comp                   #N/A
US 2 Yellow Soybeans
  Barge                      11.1425-11.2525   DN 6.50-DN 2.50           #N/A

Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Lindsay Brunet, Market Reporter 816-676-7000   StJoe.LGMN@ams.usda.gov
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