SJ_GR851
St. Joseph, MO    Fri Dec 21, 2018   USDA-MO Dept of Ag Market News

WEEKLY NATIONAL GRAIN MARKET REVIEW

  Compared to last week, cash bids for wheat, corn and sorghum were lower, soybeans
were higher.  Ethanol production for last week totalled 1.046 million barrels per
day, steady when compared to the week prior. USDA said last week's export sales and
shipments of corn totaled 77.7 million and 38.4 million bushels, respectively, a
neutral showing that has total shipments up 76% from a year ago.  Last week's export
sales and shipments of soybeans totaled 104.2 million and 49.2 million bushels,
respectively, a new marketing year high.  Last week's export sales and shipments of
wheat totaled 11.5 million and 49.2 million bushels, respectively.  Wheat was from 5
cents lower to 45 1/4 cents lower.  Corn was from 3 1/2  to 10 cents lower.  Sorghum
was 15 to 16 cents lower.  Soybeans were 18 1/2 cents lower to 8 1/2 cents higher.

   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 20 1/2
cents lower from 6.19 1/2-6.34 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 5
cents lower at 5.56 per bushel.  Minneapolis and Duluth US No 1 Dark Northern Spring,
14.0 to 14.5 percent protein rail, was 25 1/4 to 45 1/4 cents lower from 6.38-6.83
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 3 1/2 to 7 3/4 cents lower from
3.75-3.82 3/4 per bushel.  Kansas City US No 2 truck Yellow Corn was 9 cents lower
from 3.65 1/4-3.67 1/4 per bushel.  Omaha US No 2 Yellow Corn was 5 to 7 cents lower
at 3.55 per bushel.  Chicago US No 2 Yellow Corn was 10 cents lower to 6 cents higher
from 3.29 1/4-3.55 1/4 per bushel.  Toledo US No 2 rail Yellow corn was 9 cents lower
from 3.60 1/4-3.61 1/4 per bushel.  Minneapolis US No 2 Yellow corn rail was 8 cents
lower at 3.19 1/4 per bushel.

   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20 day
was 15 1/4 cents lower to 2 3/4 cents higher from 3.11 1/4-3.38 1/4 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 16 cents lower at 5.9 per cwt.
Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob
elevator) was 15 to 16 cents lower from 6.17-6.70 per cwt.

   OILSEEDS:  Minneapolis Yellow truck soybeans were has no comparison at 8.16 1/2
per bushel.  Illinois Processors US No 1 Yellow truck soybeans were 8 1/2 cents lower
to 6 1/2 cents higher from 8.63 1/2-8.83 1/2 per bushel.  Kansas City US No 2 Yellow
truck soybeans were 13 1/2 to 18 1/2 cents lower at 8.58 1/2 per bushel.  Illinois 48
percent soybean meal, processor rail bid was 0.80points lower from 307.70-311.70 per
bushel.  Central Illinois Crude Soybean oil processor bid was 0.63 points lower from
28.05-28.20 per cwt.





Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Joe Toeniskoetter, 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

    723C   jt