MS_GR115 Minneapolis, MN Thursday, Nov 29, 2018 USDA Market News **Prices are being compared to Wednesday, Nov 21, 2018** Minneapolis Weekly Grain Summary Prices for the week ending Thursday, November 29, 2018 **The prices for spring wheat on the spot rail market are now quoted Delivered Chicago for Beyond.** The milling wheat cash prices were mostly mixed this week. Supply and demand were moderate to good. **Spring Wheat: Prices are -for US 1 Dark Northern Spring Wheat with less than 2.0 ppm Vomitoxin. The 12 pct protein wheat had no quote. The 13 pct protein wheat had no comparison from 6.58-6.78, the basis had no comparison from 90N to 110N over the March futures delivered Chicago for Beyond. The 13.5 pct protein was 24 to 39 cents lower at 6.73, the basis had no comparison at 105N cents over the March futures delivered Chicago for Beyond. The 14 pct protein was 4 cents lower to 26 cents higher at 7.13, the basis had no comparison at 145N cents over the March futures delivered Chicago for Beyond. The 14.5 pct had no comparison from 7.08-7.13, the basis had no comparison from 140 to 145 cents over the March futures delivered Chicago for Beyond. The 15's were 9 to 14 cents lower from 7.13-7.23 the basis had no comparison from 145 to 155 cents over the March futures delivered Chicago for Beyond. The 20 day to-arrive truck delivery for 12 pct protein HRW bid into Minneapolis was 28.50 cents higher at 5.775, the basis at 85 cents over the March Hard Red Winter Wheat futures. Barley: Robust Malting Barley 60 pct or better plump max. 2.0 ppm vomitoxin had no quote. The to-arrive bid for 1.0 ppm vomitoxin rail delivered to Minneapolis had had no quote. Feed Barley delivered into Duluth closed the week with no bid. Feed Barley delivered into Minneapolis was steady with a bid of 2.60. Corn: US 2 Yellow Corn was 17.50 cents lower at 3.1125 with the basis at 49 cents under the December futures. The to-arrive bids for corn are: Last/half April at 3.4850, May at 3.4950, June at 3.54, and July at 3.55. Oats: US 2 or better Oats had no quote on the spot market. The To-arrive bids for oats were 0.75 cents lower to 8.25 cents higher from 3.0275-3.5075, the basis was 12 to 60 cents over the March futures. Soybeans: US 1 Yellow Soybeans were 19.75 cents lower at 8.0225 with the basis at 85 cents under the January futures. The to-arrive bids for soybeans are: Last/half April at 8.5075, May at 8.5275, June at 8.6325, and July at 8.6525. Cash Market Delivered 20 day truck This Week Last Week Wheat on MGEX Floor/Delivered Chicago/Beyond Mpls Duluth US 1 Milling DNS/NS Wheat 13 pct 6.58N-6.78N No Quote 5.7800 13.5 pct 6.73 6.97N-7.12N 14 pct 7.13 6.87N-7.17N 5.8800 14.5 pct 7.08-7.13 No Quote 15 pct 7.13-7.23 7.27-7.32 5.9300 Durum Choice MillingNo Quote No Quote - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The following information is quoted Minneapolis, NOT Chicago/Beyond. ThisLast Week Mpls Duluth Rye, US 1 No Quote No Quote - - Oats US 2 or Btr No Quote No Quote 3.0275-3.5075 Malting Barley Robust No Quote No Quote - - US 2 Feed Barley Mpls 2.60B 2.60B 2.6000 - - Yellow Corn US 2 3.1125 B 3.2875 B - - Soybeans US 1 8.0225 B 8.22 B - - N = Nominal; A = Ask; B = Bid Source: USDA Market News Service, Minneapolis, MN 612-370-3258 Minnesota.LPGMN@ams.usda.gov 24 hour price information 612-370-3260 www.ams.usda.gov/mnreports/ms_gr115.txt www.ams.usda.gov/lpsmarketnewspage 13:54c kmb