SJ_GR851
St. Joseph, MO    Fri Mar 22, 2019   USDA-MO Dept of Ag Market News

WEEKLY NATIONAL GRAIN MARKET REVIEW

  Compared to last week, cash bids for wheat, corn, sorghum and soybeans were mostly
higher.  Ethanol production for week ending March 15th totaled 1.004 million barrels
per day, a slight decrease compared to the week prior.

Export sales for week ending March 14th totaled 33.7 million bushels of corn, 14.7
million bushels of soybeans, and 7.2 million bushels of wheat.  Wheat was steady to
58 3/4 cents higher.  Corn was 4 1/4 to 41 cents higher.  Sorghum was 10 to 19 cents
higher.  Soybeans were 12 to 19 cents higher.

   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 19 1/2
cents higher from 6.07-6.22 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 13 cents
higher at 4.94 per bushel.  Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0
to 14.5 percent protein rail, was 58 3/4 cents higher at 7.51 1/4 per bushel.
Portland US Soft White wheat rail was steady from 5.90-6.30 per bushel.

   CORN:  Kansas City US No 2 rail White Corn was 4 1/4 to 5 1/4 cents higher from
3.85 1/2-3.92 1/2 per bushel.  Kansas City US No 2 truck Yellow Corn was 9 to 11
cents higher from 3.66 1/4-3.79 1/4 per bushel.  Omaha US No 2 Yellow Corn was 6 to 9
cents higher from 3.66-3.74 per bushel.  Chicago US No 2 Yellow Corn was 36 to 41
cents higher from 3.66 1/4-3.83 1/4 per bushel.  Toledo US No 2 rail Yellow corn was
6 cents higher from 3.64 1/4-3.68 1/4 per bushel.  Minneapolis US No 2 Yellow corn
rail was not quoted.

   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20 day
was 2 1/4 to 7 1/4 cents higher from 3.05 3/4-3.50 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 19 cents higher from 6.09-6.18 per
cwt.  Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob
elevator) was 10 to 13 cents higher from 6.11-6.80 per cwt.

   OILSEEDS:  Minneapolis Yellow truck soybeans were not quoted.  Illinois Processors
US No 1 Yellow truck soybeans were 12 to 19 cents higher from 8.72 1/2-8.90 1/2 per
bushel.  Kansas City US No 2 Yellow truck soybeans were 12 cents higher from 8.57
1/2-8.83 1/2 per bushel.  Illinois 48 percent soybean meal, processor rail bid was
3.40 to 5.40 higher from 310.30-316.30 per bushel.  Central Illinois Crude Soybean
oil processor bid was 0.47 points lower from 28.10-28.60 per cwt.

Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Lonnie Peetz, 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

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