SJ_GR851 St. Joseph, MO Fri Feb 21, 2020 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, cash bids for wheat were higher; corn and sorghum were lower and soybeans were mixed. For the week ending February 13, 2020, an increase of 49.2 million bushels of corn export sales for 2019-20 were reported while an increase of 18.2 million bushels of soybean exports sales for 2019-20 were formulated. Wheat export sales showed an increase of 12.7 million bushels for 2019-20 were reported. Ethanol production for the week ending February 14, 2020 reported an decrease of 7,000 barrels per day to 1.040 million barrels a day. Ethanol stocks increased 0.423 million barrels at 24.781 million barrels. The Ag Outlook Board released estimated plantings of corn in the U.S. this year to be 94.5 million acres, an average yield of 178.5 bpa for a total production of 15.5 billion bushels. Estimated plantings of soybeans acres were pegged at 84.0 million acres, an average yield of 50.5 bpa for a total production of 4.2 billion bushels. Wheat was steady to 11 cents higher. Corn was 1 cent to 6 cents lower. Sorghum was 2 cents to 19 cents lower. Soybeans were 3 1/2 cents lower to 2 1/2 cents higher. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 7 3/4 cents higher from 5.53 3/4-5.63 3/4 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 11 cents higher at 6.2 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 2 3/4 to 7 3/4 cents higher from 6.44 1/2-6.64 1/2 per bushel. Portland US Soft White wheat rail was steady to 3 cents higher from 6.20-6.25 per bushel. CORN: Kansas City US No 2 rail White Corn was 1 to 1 1/2 cents lower from 4.03- 4.06 1/4 per bushel. Kansas City US No 2 truck Yellow Corn was 1 cent lower from 3.91 1/2-3.93 1/2 per bushel. Omaha US No 2 Yellow Corn was 1 to 4 cents lower from 3.75-3.81 per bushel. Chicago US No 2 Yellow Corn was 1 cent lower from 3.90 1/2- 3.97 1/2 per bushel. Toledo US No 2 rail Yellow corn was 1 to 6 cent lower from 3.93 1/2-4.01 1/2 per bushel. Minneapolis US No 2 Yellow corn rail was 1 cent lower at 3.48 1/2 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 2 3/4 to 6 3/4 cents higher from 3.28 1/2-3.48 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 2 cents lower from 6.13-6.22 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 2 to 19 cents lower from 6.13-6.66 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 1 1/2 cents higher at 8.52 3/4 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 1 1/2 cents lower to 2 1/2 cents higher from 9.00 3/4-9.09 3/4 per bushel. Kansas City US No 2 Yellow truck soybeans were 3 1/2 cents lower from 8.87 3/4-9.02 3/4 per bushel. Illinois 48 percent soybean meal, processor rail bid was 6.40 to 7.40 higher from 298.30-301.30 per bushel. Central Illinois Crude Soybean oil processor bid was 0.60 to 0.70 points lower from 29.92-30.12 per cwt. Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO Lonnie Peetz, Market Reporter 816-676-7000 StJoe.LPGMN@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 833C lp