SJ_GR851 St. Joseph, MO Fri May 01, 2020 USDA-MO Dept of Ag Market News WEEKLY NATIONAL GRAIN MARKET REVIEW " Compared to last week, cash bids for corn, wheat and sorghum are lower; soybeans are higher. For the week ending April 23, 2020, an increase of 53.4 million bushels of corn export sales for 2019-20 were reported while an increase of 39.6 million bushels of soybean exports sales for 2019-20 were formulated. Wheat export sales showed an increase of 17.2 million bushels for 2019-20 were reported. Sorghum export sales showed an increase of 12.0 million bushels for 2019-20 were reported. Ethanol production for the week ending April 24, 2020 reported a decrease of 24,000 barrels per day to 0.537 million barrels a day. Ethanol stocks decreased 1.4 million barrels at 26.3 million barrels. For the week ending April 26, 2020, corn planted is at 27 percent which is 15 percent higher than a year ago. Soybeans planted is at 8 percent which is 6 percent higher than a year ago. Sorghum is at 20 percent which is 1 percent higher than a year ago. Wheat was 6 1/2 to 21 cents lower. Corn was 2 3/4 to 11 1/2 cents lower. Sorghum was 14 to 27 cents lower. Soybeans were 11 to 14 cents higher." WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 6 1/2 cents lower from 5.59-5.69 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 21 cents lower at 5.49 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was not quoted. Portland US Soft White wheat rail was 7 to 10 cents lower at 6.05 per bushel. CORN: Kansas City US No 2 rail White Corn was 10 1/2 to 11 1/2 cents lower from 3.03 1/2-3.13 per bushel. Kansas City US No 2 truck Yellow Corn was 2 3/4 to 5 3/4 cents lower from 3.11 1/2-3.19 1/2 per bushel. Omaha US No 2 Yellow Corn was 6 to 7 cents lower from 2.92-3.02 per bushel. Chicago US No 2 Yellow Corn was 7 3/4 cents lower from 3.11 1/2-3.13 1/2 per bushel. Toledo US No 2 rail Yellow corn was 6 1/4 to 7 3/4 cents lower from 3.01 1/2-3.03 per bushel. Minneapolis US No 2 Yellow corn rail was 9 1/4 cents lower at 2.87 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 6 to 11 cents lower from 2.84-3.54 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 14 to 23 cents lower from 5.47- 6.10 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 26 to 27 cents lower from 5.08-5.43 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 14 cents higher at 8.38 1/4 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 11 to 13 cents higher from 8.55 1/4-8.70 1/4 per bushel. Kansas City US No 2 Yellow truck soybeans were 11 cents higher from 8.30 1/4-8.50 1/4 per bushel. Illinois 48 percent soybean meal, processor rail bid was 4.00 to 5.00 higher from 295.10-298.10 per bushel. Central Illinois Crude Soybean oil processor bid was 0.49 to 0.59 points higher from 25.30- 25.60 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 809C je