SJ_GR851 St. Joseph, MO Fri Feb 07, 2020 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, cash bids for wheat and corn was mixed; sorghum was steady and soybeans were higher. For the week ending January 30, 2020, an increase of 49.1 million bushels of corn export sales for 2019-20 were reported while an increase of 25.9 million bushels of soybean exports sales for 2019-20 were formulated. Wheat export sales showed an increase of 12.4 million bushels for 2019-20 were reported. Ethanol production for the week ending January 31, 2020 reported an increase of 52,000 barrels per day to 1.081 million barrels a day. Ethanol stocks decreased .77 million barrels at 23.5 million barrels. Wheat was 4 cents lower to 5 cents higher. Corn was 3 1/4 cents lower to 4 3/4 cents higher. Sorghum was unchanged. Soybeans were 4 3/4 cents to 17 3/4 cents higher. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 3 1/4 cents lower from 5.47 3/4-5.57 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 4 cents lower at 6.21 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 4 cents lower at 6.67 1/2 per bushel. Portland US Soft White wheat rail was steady to 5 cents higher from 6.20-6.35 per bushel. CORN: Kansas City US No 2 rail White Corn was 2 1/2 to 3 1/4 cents lower from 4.01-4.06 3/4 per bushel. Kansas City US No 2 truck Yellow Corn was 1/4 cent lower to 4 3/4 cents higher from 3.89 1/4-3.94 1/4 per bushel. Omaha US No 2 Yellow Corn was steady to 1 cent lower from 3.75-3.82 per bushel. Chicago US No 2 Yellow Corn was 1 3/4 cents higher from 3.93 1/4-3.95 1/4 per bushel. Toledo US No 2 rail Yellow corn was 1/4 cent lower to 1 3/4 cents higher from 3.99 1/4-4.02 1/4 per bushel. Minneapolis US No 2 Yellow corn rail was 1/4 cent lower at 3.49 1/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 3/4 cent lower to 2 1/4 cents higher from 3.29 3/4-3.54 3/4 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 steady from 6.15-6.24 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was steady from 6.32-6.68 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 4 3/4 cents higher at 8.39 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 4 3/4 to 7 3/4 cents higher from 8.81-8.96 per bushel. Kansas City US No 2 Yellow truck soybeans were 9 3/4 to 17 3/4 cents higher from 8.71-8.86 per bushel. Illinois 48 percent soybean meal, processor rail bid was 3.30 lower from 288.20-290.20 per bushel. Central Illinois Crude Soybean oil processor bid was 0.61 to 1.11 points higher from 31.24- 31.49 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