SJ_GR851 St. Joseph, MO Fri Apr 10, 2020 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW " Compared to last week, cash bids for wheat and soybeans are higher; corn is mixed and sorghum is lower. For the week ending April 2, 2020, an increase of 72.8 million bushels of corn export sales for 2019-20 were reported while an increase of 19.2 million bushels of soybean exports sales for 2019-20 were formulated. Wheat export sales showed an increase of 9.5 million bushels for 2019-20 were reported. Sorghum export sales showed an increase of 14.7 million bushels for 2019-20 were reported. Ethanol production for the week ending April 2, 2020 reported a decrease of 168,000 barrels per day to 0.672 million barrels a day. Ethanol stocks increased 1.4 million barrels at 27.1 million barrels. Corn planted in 2020 is estimated at 97.0 million acres, up 8 percent or 7.29 million acres from last year. Soybean planted for 2020 is estimated at 83.5 million acres, up 10 percent from last year. All wheat planted for 2020 is estimated at 44.7 million acres, down 1 percent from 2019 Corn Stocks Down 8 Percent from March 2019, Soybean Stocks Down 17 Percent and All Wheat Stocks Down 11 Percent. Wheat was steady to 28 cents higher. Corn was 6 3/4 cents lower to 3 cents higher. Sorghum was 3 to 11 cents lower. Soybeans were 2 3/4 cents higher to 6 3/4 cents higher." WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 28 cents higher from 5.77-5.87 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 15 cents higher at 5.72 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 3 1/2 to 8 1/2 cents higher from 6.32 1/2-6.47 1/2 per bushel. Portland US Soft White wheat rail was steady to 5 cents higher from 6.05-6.10 per bushel. CORN: Kansas City US No 2 rail White Corn was not quoted. Kansas City US No 2 truck Yellow Corn was 1 3/4 cents lower from 3.26 3/4-3.31 3/4 per bushel. Omaha US No 2 Yellow Corn was 2 to 3 cents higher from 3.09-3.17 per bushel. Chicago US No 2 Yellow Corn was 1 3/4 cents lower from 3.31 3/4-3.37 3/4 per bushel. Toledo US No 2 rail Yellow corn was 6 3/4 cents lower at 3.21 3/4 per bushel. Minneapolis US No 2 Yellow corn rail was 3 3/4 cents lower at 3.05 3/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 10 1/4 cents higher from 2.74 1/4-3.44 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 3 to 4 cents lower from 5.92-6.46 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 4 to 11 cents lower from 5.21-5.83 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 2 3/4 cents higher at 8.39 1/2 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 4 3/4 to 6 3/4 cents higher from 8.68 1/2-8.78 1/2 per bushel. Kansas City US No 2 Yellow truck soybeans were 4 3/4 cents higher from 8.43 1/2-8.58 1/2 per bushel. Illinois 48 percent soybean meal, processor rail bid was 16.60 lower from 292.50-295.50 per bushel. Central Illinois Crude Soybean oil processor bid was 1.17 higher from 26.81- 27.66 per cwt. Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO John Ervin, 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 815C je