SJ_GR851 St. Joseph, MO Fri Sep 06, 2019 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW " Compared to last week, cash bids for wheat and sorghum were mixed, corn and soybeans were lower. Ethanol production for week ending August 30th totaled 1.013 million barrels per day, a 25,000-barrel decrease when compared to the week prior. Ethanol stocks were at 23.8 mb this week, an increase of .819 mb. Monday's crop condition report showed corn at 58 percent good to excellent which would be 9 percent less than a year ago this time. Corn dented is reported at 41 percent this week, 32 percent below a year ago. Soybean condition was reported at 55 percent good to excellent which is 11 percent less than the same time a year ago. Soybeans setting pods reported at 86 percent, which is 12 percent behind last year. For the week ending August 29, 2019, a decrease of 6.5 million bushels of corn export sales for 2018-19 and an increase of 16.4 mb for 2019-20 were reported, while an increase of 2.5 million bushels of soybean exports sales for 2018-19 and an increase of 29.0 million bushels for 2019-20 were tabulated. Wheat export sales showed an increase of 11.5 million bushels for 2019-20 were included in the latest report. Wheat was 10 3/4 cents lower to 15 cents higher. Corn was 1 cent to 21 cents lower. Sorghum was 20 cents lower to 34 cents higher. Soybeans were 7 to 17 cents lower. " WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 10 3/4 cents lower from 4.63 3/4-4.73 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 3 cents lower to 4 cents higher from 4.68-4.76 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 1/2 to 5 1/2 cents higher from 5.87-5.92 per bushel. Portland US Soft White wheat rail was steady to 15 cents higher from 5.70-5.75 per bushel. CORN: Kansas City US No 2 rail White Corn was 9 1/4 to 16 1/4 cents lower from 3.68 1/4-3.72 3/4 per bushel. Kansas City US No 2 truck Yellow Corn was 11 to 21 cents lower from 3.48 3/4-3.68 3/4 per bushel. Omaha US No 2 Yellow Corn was 7 to 14 cents lower from 3.57-3.61 per bushel. Chicago US No 2 Yellow Corn was 11 to 13 cents lower from 3.69 3/4-3.73 3/4 per bushel. Toledo US No 2 rail Yellow corn was 1 to 6 cents lower at 3.88 3/4 per bushel. Minneapolis US No 2 Yellow corn rail was 15 cents lower at 3.09 3/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 2 1/2 to 5 1/2 cents lower from 2.79 3/4-3.17 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 9 to 20 cents lower from 5.69-5.78 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 6 to 34 cents higher from 6.05-6.30 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 7 cents lower at 8.02 1/2 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 14 to 17 cents lower from 8.19 1/2-8.56 1/2 per bushel. Kansas City US No 2 Yellow truck soybeans were 7 to 12 cents lower from 7.89 1/2-8.21 1/2 per bushel. Illinois 48 percent soybean meal, processor rail bid was 1.30 to 2.30 lower from 285.70-300.70 per bushel. Central Illinois Crude Soybean oil processor bid was 0.09 points higher from 27.96- 28.46 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 842C je