SJ_GR851 St. Joseph, MO Fri Dec 14, 2018 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, cash bids for wheat and corn were mixed, while sorghum was higher, and soybeans were lower. USDA said last week's export sales and shipments of corn totaled 35.6 million and 37.5 million bushels, respectively, a neutral showing that has total shipments up 79% from a year ago and total export commitments up 16%. Last week's export sales and shipments of soybeans totaled 29.1 million and 42.1 million bushels, respectively, still a bearish pace despite China's purchase earlier this week. Last week's export sales and shipments of wheat totaled 27.7 million and 18.0 million bushels, respectively. After USDA reduced the export estimate for wheat by 25 million to 1.0 billion bushels on Tuesday, total wheat shipments are now down 14% from a year ago and total export commitments are down 10%, slowly closing the gap with USDA's higher estimated pace. Wheat was from 5 cents lower to 26 cents higher. Corn was from 6 1/2 cents lower to 4 1/2 cents higher. Sorghum was 2 to 3 cents higher. Soybeans were 2 1/2 to 10 1/2 cents lower. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 24 1/2 cents higher from 6.40-6.55 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 20 to 26 cents higher at 5.61 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 5 cents lower to 9 cents higher from 6.83 1/4-7.08 1/4 per bushel. Portland US Soft White wheat rail was steady from 6.15-6.30 per bushel. CORN: Kansas City US No 2 rail White Corn was 1 1/2 to 2 3/4 cents higher from 3.82 3/4-3.86 1/4 per bushel. Kansas City US No 2 truck Yellow Corn was 1 1/2 cents higher from 3.74 1/4-3.76 1/4 per bushel. Omaha US No 2 Yellow Corn was 1 cent higher from 3.60-3.62 per bushel. Chicago US No 2 Yellow Corn was 6 1/2 cents lower to 1 1/2 cents higher from 3.39 1/4-3.49 1/4 per bushel. Toledo US No 2 rail Yellow corn was 1 1/2 to 4 1/2 cents higher from 3.69 1/4-3.70 1/4 per bushel. Minneapolis US No 2 Yellow corn rail was 3 1/2 cents higher at 3.27 1/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 4 1/2 cents lower to 2 1/2 cents higher from 3.08 1/2-3.53 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 3 cents higher at 6.06 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 2 to 3 cents higher from 6.32-6.86 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were not quoted. Illinois Processors US No 1 Yellow truck soybeans were 2 1/2 to 10 1/2 cents lower from 8.57-8.92 per bushel. Kansas City US No 2 Yellow truck soybeans were 2 1/2 cents lower from 8.72- 8.77 per bushel. Illinois 48 percent soybean meal, processor rail bid was 3.70 lower from 308.50-312.50 per bushel. Central Illinois Crude Soybean oil processor bid was 0.12 to 0.57 points higher from 28.68-28.83 per cwt. Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO Lindsay Brunet, 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 822C lrb