SJ_GR851
St. Joseph, MO    Fri Jan 18, 2019   USDA-MO Dept of Ag Market News

WEEKLY NATIONAL GRAIN MARKET REVIEW

  Compared to last week, cash bids for corn and sorghum were mostly higher, soybean
and wheat bids were mixed.  Soybeans gained support yesterday over weather concerns
in South America.  With some areas of Brazil in desperate need of moisture and some
areas in Argentina that are experiencing issues with potential flooding.  Export
sales and shipment numbers remain uncertain as the government shutdown rolls into its
27th day.  Wheat was 22 cents lower to 5 1/4 cents higher.  Corn was 2 1/4 cents
lower to 10 3/4 cents higher.  Sorghum was 3 cents lower to 7 cents higher.  Soybeans
were 9 cents lower to 6 cents higher.

   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 5 1/4
cents higher from 6.14-6.29 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 to 4
cents higher from 5.45-5.52 per bushel.  Minneapolis and Duluth US No 1 Dark Northern
Spring, 14.0 to 14.5 percent protein rail, was 4 to 22 cents lower from 6.65-6.72 per
bushel.  Portland US Soft White wheat rail was steady to 5 cents lower from 6.10-6.35
per bushel.

   CORN:  Kansas City US No 2 rail White Corn was 1 1/4 to 2 1/4 cents lower from
3.88 3/4-3.96 1/2 per bushel.  Kansas City US No 2 truck Yellow Corn was 3/4 to 3 3/4
cents higher from 3.67-3.76 per bushel.  Omaha US No 2 Yellow Corn was 3 to 6 cents
higher from 3.58-3.62 per bushel.  Chicago US No 2 Yellow Corn was 3 3/4 to 5 3/4
cents higher from 3.45-3.62 per bushel.  Toledo US No 2 rail Yellow corn was 3 3/4
cents higher from 3.65-3.68 per bushel.  Minneapolis US No 2 Yellow corn rail was 10
3/4 cents higher at 3.28 per bushel.

   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20 day
was 2 cents lower to 3 cents higher from 3.00 3/4-3.55 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 3 cents lower to 7 cents higher
from 5.80-6.07 per cwt.  Texas High Plains US No 2 yellow sorghum (prices paid or bid
to the farmer, fob elevator) was 4 to 7 cents higher from 6.25-6.75 per cwt.

   OILSEEDS:  Minneapolis Yellow truck soybeans were 1 cent higher at 8.26 3/4 per
bushel.  Illinois Processors US No 1 Yellow truck soybeans were 9 cents lower from
8.63 3/4-8.80 3/4 per bushel.  Kansas City US No 2 Yellow truck soybeans were 4 to 6
cents higher from 8.52 3/4-8.67 3/4 per bushel.  Illinois 48 percent soybean meal,
processor rail bid was 14.50 to 28.50 lower from 288.20-304.20 per bushel.  Central
Illinois Crude Soybean oil processor bid was 0.29 to 0.79 points higher from 27.97-
28.97 per cwt.






Source: USDA-MO Dept of Ag Market News Service, St Joseph, MO
        Voluntary Staff, Market Reporter 816-676-7000  StJoe.LGMN@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

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