MS_GR110 ***** There will be no report tomorrow due to the holiday **** Minneapolis, MN Wed Jul 03, 2019 USDA Market News Minneapolis Daily CASH Grain Report Actual wheat receipts on the exchange floor: Today's were 44 cars which included 1 trains. Last year's were 0 cars which included 0 trains. Minneapolis Daily Exchange Grain Prices Delivered Chicago/Beyond: Spot No. 1 Northern/Dark Northern Spring Wheat 12 to 15 pct protein wheat was 1.25 cents lower to 8.75 cents higher from 6.30-6.55. The Spring Wheat basis was mixed, 5 cents lower to 5 cents higher. ***PLEASE NOTE: Prices prior to Jan 4, 2010 were for Minneapolis beyond; the provided freight rate differential to Minneapolis is for Minneapolis unload. Only the spot wheat/durum rail market is being quoted delivered Chicago/Beyond. The to-arrive wheat is truck delivered and on a Minneapolis or Duluth based market. NOTE: The 13.5 and 14.5 pct protein category will be added on days when it can more clearly represent the value of the 14's. Prices Reflect No. 1 Milling Quality Only. Milling Quality is defined as 300 or better Falling Numbers; 58 lbs or better test weight; 13.5 pct or less Moisture; 1.5 Pct or less Damage; 1.5 Pct or less Dockage and 2.0 ppm or less vomitoxin. RAIL - Spot Change TRUCK Wheat on MGEX Floor/Delivered Chicago/Beyond 20 Day To-Arrive US 1 Milling DNS/NS Wheat Mpls Dul 11 Pct No Quote - - - - - - 12 Pct No Quote - - - - - - 13 Pct No Quote - - 5.6000 - - 13.5 Pct 6.3500N up 3.75 - - - - 14 Pct 6.3000N 6.4000 up 3.75-8.75 5.6000 - - 14.5 Pct 6.4000 no comp - - - - 15 Pct 6.4000 6.5500 dn 1.25-up 3.75 5.6000 - - 16 Pct No Quote - - - - - - 17 Pct No Quote - - - - - - *Train Balance Spring Wheat - 13 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 14 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 15 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - *Train The Balance Spring Wheat does not meet domestic milling specifications and is traded at a basis price with market discounts on other grade factors. US 1 Hard Red Winter Wheat Mpls 10 Pct No Quote - - 11 Pct No Quote - - 5.3375 12 Pct No Quote - - 5.4375 13 Pct No Quote - - 5.4375 14 Pct No Quote - - Milling Durum: 0 Cars traded with 0 at the Top Choice MilNo Quote - - Balance MiNo Quote - - Terminal -No Quote - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The following information is quoted Minneapolis, NOT Chicago/Beyond. RAIL - Spot Change TRUCK-To-Arrive Rye: Mpls US 1 PlumpNo Quote - - 7.9000 US 2 No Quote - - 7.9000 Barley: US 2 Feed Dul No Quote - - - - Mpls 3.2500B unch 3.2500 US 2 Yellow Corn Mpls 4.0275B up 17.75 4.0275 More corn bids: Aug 4.0175; Sep 4.0475; Oct 3.9425; Nov 4.0625; Apr/May 4.1675 Jun/Jul 4.2. US 1 Yellow Soybeans Mpls 8.2975 B up 10 8.2975 More soybean bids: Aug 8.3975; Sep 8.4975; Oct 8.4375; Nov 8.5675; Apr/May 8.73; Jun/Jul 8.81. Oats: TRUCK 20 Day To-Arrive US 2 or Better 2.9800 - 3.3500 No Quote - - RAIL 20 Day To-Arrive 2.9800 - 3.3500 Malting Barley - 2.0 ppm or less vomitoxin Robust 70 Pct Btr Plump No Quote - - - -** **To-Arrive Malting barley is Rail delivered Minneapolis for 1.0 ppm vomitoxin with discounts to apply. Mpls=Minneapolis Dul=Duluth N=Nominal R/O= River Open A=Asked B=Bid NB=No Bid NQ=No Quote NC=New Crop May 2019 AVERAGES Average prices are for spot market unless otherwise denoted. MGEX wheat/Delivered Chicago/Beyond No 1 DNS Wheat 13% protein 6.2682 14% protein 6.2290 15% protein 6.5808 No 1 Hard Amber Durum No Quote Minneapolis Based Price Rye Spot No Quote To-Arrive 7.8000 No 2 Yellow Corn 3.3636 No 2 Heavy Oats 3.2459 No 3 or better Malting Barley No Quote No 2 Feed Barley 3.2500 No 1 Yellow Soybeans 7.5311 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_gr110.txt www.ams.usda.gov/lpsmarketnewspage 12:43 c bdp