Daily National Grain Market Summary
SJ_GR850
St. Joseph, MO     Thu, Dec 07, 2017     USDA-MO Dept of Ag Market News

Daily National Grain Market Summary

  Compared to yesterday, cash bids for sorghum was higher while corn, wheat,
and soybeans were lower.  Weekly export sales for all wheat showed a total of
11.8 mb for the 2017-2018 marketing year. This puts total marketing year
sales at 642.5 mb.  Weekly shipments of 14.6 mb put the marketing year total
at 442.2 mb.  Weekly export sales of corn showed a total of 34.5 mb with all
for the 2017-2018 marketing year. This put total marketing year sales at
901.5 mb. Weekly export shipments of 23.3 mb put total marketing year
shipments at 318.4 mb.  Weekly export sales of soybeans showed a total of
76.7 mb with 74.1 mb for the 2017-2018 marketing year. This put total 
marketing year sales at 1.335 bb. Weekly export shipments of 74.2 mb put
total marketing year shipments at 846.6 mb.  The total numbers for all
commodities could be viewed as bearish.  Corn was 1/4 to 1 1/4 cents lower.
Sorghum was 39 3/4 to 66 1/2 cents higher. Soybeans were 8 3/4 to 10 3/4 
cents lower.  Wheat was steady to 5 3/4 cents lower.

                             DATE               CHANGE                 YEAR AGO
TRUCK BIDS:                  12/7/2017         12/6/2017              12/8/2016

Wheat:
   Kansas City (HRW ORD)     3.8375            DN 2.75               3.1975-3.2400
   Minneapolis               6.1600            DN 2.75                  5.3100
   Portland (SWW)            5.0650-5.3000     DN 5.75-UNCH          4.5325-4.7700
   St. Louis (SRW)           4.2100-4.3100     DN 4.00               3.8800-3.9300

Corn, US No 2 Yellow:
   Kansas City               3.2650-3.3150     DN 1.25                  3.3550
   Minneapolis               n/a               No Comp                  3.3550
   So. Iowa                  3.2350-3.3250     UP 0.75-DN 0.25       3.3050-3.3900
   Omaha                     3.2000-3.2400     DN 1.00               3.2000-3.2600

Soybeans, US No 1 Yellow:
   Kansas City               9.5200-9.5700     DN 10.75                 9.8200
   Minneapolis               n/a               No Comp                  9.5200
   So. Iowa                  9.5000-9.5600     DN 8.75-DN 10.75      9.9400-10.0600
   Cent. Il Processor        9.7200-9.8400     DN 10.75              10.1500-10.2500

FUTURES:
   Kansas City Wheat  (Mar)  4.2075            DN 2.75                  4.0475
   Minneapolis Wheat  (Mar)  6.1100            DN 2.75                  5.3100
   Chicago Wheat      (Mar)  4.2150            DN 3.75                  4.0825
   Chicago Corn       (Mar)  3.5150            DN 1.25                  3.5350
   Chicago Soybeans   (Jan)  9.9200            DN 10.75                10.2700

*EXPORT BIDS:  Barge bids out of the Port of New Orleans,
or Rail out of the North Texas Gulf. Bids Per bushel, except sorghum per cwt.

US 1 HRW Wheat Ord Protein
                             5.0075-5.1075     UP 34.75-UP 29.75     3.7475-3.8475
US 2 Soft Red Winter Wheat
                             4.7450            UP 18.25-DN 3.75      4.3825-4.4125
Corn
  Barge                      3.7750-3.8050     DN 1.25-DN 5.25       3.8150-3.8850
US 2 Sorghum
  Rail                       8.0625            UP 66.50-UP 39.75     6.8475-7.0450
  Barge                      n/a                                         n/a
US 2 Yellow Soybeans
  Barge                      10.0600-10.1800   DN 10.75              10.5300-10.6500

SOURCE:  USDA- MO Dept Of Ag Market News Service, St. Joseph, MO
         Lonnie Peetz, Market Reporter  (816)676-7000
         www.ams.usda.gov/LSMarketNews

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