SJ_GR851 St. Joseph, MO Fri Oct 25, 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, corn mostly lower, and sorghum lower. Ethanol production for week ending October 18th totaled 0.996 million barrels per day, an increase of 25,000-barrels when compared to the week prior. Ethanol stocks were at 21.3 mb this week, a decrease of .697 mb. Monday's crop condition report showed corn at 56 percent good to excellent which would be 12 percent less than a year ago this time. Corn mature is reported at 86 percent this week, 13 percent below a year ago and 11 percent below the previous five year average. Corn harvested is pegged at 30 percent, 17 percent below the previous five year average. Soybean condition was reported at 54 percent good to excellent which is 12 percent less than the same time a year ago. Soybeans dropping leaves reported at 94 percent, which is 4 percent behind last year and 3 percent behind the previous five year average. For the week ending October 17, 2019, an increase of 19.3 million bushels of corn export sales for 2019-20 were reported while an increase of 17.5 million bushels of soybean exports sales for 2019-20 were tabulated. Wheat export sales showed an increase of 9.6 million bushels for 2019-20 were reported. Wheat was 11 3/4 cents lower to 13 cents higher. Corn was 16 cents lower to 1 cent higher. Sorghum was 14 to 16 cents lower. Soybeans were 3 1/4 cents lower to 6 3/4 cents higher. " WHEAT: Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 11 3/4 cents lower from 4.89 1/2-4.99 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 steady at 5.11 per bushel. Minneapolis and Duluth US No 1 Dark Northern Spring, 14.0 to 14.5 percent protein rail, was 8 to 13 cents higher at 6.85 per bushel. Portland US Soft White wheat rail was steady to 2 cents lower from 6.01-6.05 per bushel. CORN: Kansas City US No 2 rail White Corn was not quoted. Kansas City US No 2 truck Yellow Corn was 5 to 8 cents lower at 3.81 3/4 per bushel. Omaha US No 2 Yellow Corn was 15 to 16 cents lower from 3.75-3.77 per bushel. Chicago US No 2 Yellow Corn was 5 to 8 cents lower from 4.06 3/4-4.14 3/4 per bushel. Toledo US No 2 rail Yellow corn was 3 to 8 cents lower at 4.16 3/4 per bushel. Minneapolis US No 2 Yellow corn rail was 1 cent higher at 3.60 3/4 per bushel. OATS AND BARLEY: US 2 or Better oats, rail bid to arrive at Minneapolis 20 day was 3 1/2 to 8 1/2 cents higher from 2.90 1/4-3.52 1/4 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 14 cents lower from 6.28-6.37 per cwt. Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob elevator) was 15 to 16 cents lower from 6.54-6.80 per cwt. OILSEEDS: Minneapolis Yellow truck soybeans were 6 3/4 cents higher at 8.98 1/4 per bushel. Illinois Processors US No 1 Yellow truck soybeans were 3 1/4 cents lower to 5 3/4 cents higher from 9.10 1/4-9.23 1/4 per bushel. Kansas City US No 2 Yellow truck soybeans were 4 3/4 to 6 3/4 cents higher from 8.73 1/4-8.98 1/4 per bushel. Illinois 48 percent soybean meal, processor rail bid was 3.20 to 9.20 lower from 305.60-307.60 per bushel. Central Illinois Crude Soybean oil processor bid was 0.95 to 1.20 higher from 30.94-31.59 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 820C je