SJ_GR851 St. Joseph, MO Fri Jul 26, 2019 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW Compared to last week, cash bids for wheat and soybeans were mixed while corn and sorghum was mostly lower. Ethanol production for week ending July 19th totaled 1.039 million barrels per day, a 27,000 barrel decrease when compared to the week prior. Ethanol stocks were at 23.68 mb this week, an increase of .324 mb. Monday's crop condition report showed corn at 57 percent good to excellent which would be 15 percent less than a year ago this time. Soybean condition was reported at 54 percent good to excellent which is 16 percent less than the same time a year ago. For the week ending July 18, 2019, 4.8 million bushels of corn export sales for 2018- 19 and an increase of 15.2 mb for 2019-20 were reported, while 2.9 million bushels of soybean exports sales for 2018-19 and 8.2 million bushels for 2019-20 were tabulated. Wheat export sales of 24.2 million bushels for 2019-20 were included in the latest report. Whear was 9 cents lower to 4 3/4 cents higher. Corn was 16 cents lower to 1 cent higher. Sorghum was 10 cents to 27 cents lower. Soybeans were 3 3/4 cents lower to 3 1/4 cents higher. WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 4 3/4 cents higher from 5.22 1/2-5.32 1/2 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 9 cents lower from 4.84-4.85 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 2 1/2 cents lower to 2 1/2 cents higher at 6.18 per bushel. Portland US Soft White wheat rail was steady from 5.75- 6.20 per bushel. CORN: Kansas City US No 2 rail White Corn was 5 1/4 to 10 1/4 cents lower from 4.38-4.45 3/4 per bushel. Kansas City US No 2 truck Yellow Corn was 1 to 6 cents lower from 4.23 1/2-4.38 1/2 per bushel. Omaha US No 2 Yellow Corn was 3 to 8 cents lower from 4.23-4.32 per bushel. Chicago US No 2 Yellow Corn was 15 cents lower to 1 cent higher from 4.42 1/2-4.44 1/2 per bushel. Toledo US No 2 rail Yellow corn was 6 cents lower from 4.53 1/2-4.56 1/2 per bushel. Minneapolis US No 2 Yellow corn rail was 16 cents lower at 3.83 1/2 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 11 1/4 cents lower to 3 3/4 cents higher from 2.97 1/2-3.13 1/2 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 10 to 11 cents lower from 6.83- 7.03 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 11 to 27 cents lower from 6.76-7.30 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 1/4 cent higher at 8.46 1/2 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 3 3/4 cents lower to 3 1/4 cents higher from 8.74 1/2-8.97 1/2 per bushel. Kansas City US No 2 Yellow truck soybeans were 1 1/4 cents higher from 8.32 1/2-8.52 1/2 per bushel. Illinois 48 percent soybean meal, processor rail bid was 3.10 lower from 301.90-313.90 per bushel. Central Illinois Crude Soybean oil processor bid was 0.63 points higher from 27.77-28.02 per cwt. Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO Lonnie Peetz & 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 807C lp