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Saturday, May 17, 2008
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<![CDATA[SJ_GR112
St. Joseph, MO Fri, May 16, 2008 USDA-MO Dept of Ag Market News
Truck bids for Grains Delivered to Kansas City
(Price per bushel except Sorghum price per cwt.)
SPOT Bids Change (?/bu) Basis Change
HRW Wheat:
Ord Protein 7.7900 UP 2 -45n UNCH
SRW Wheat 5.9400 UP 2 -230n UNCH
Yellow Corn 5.5800-5.6100 DN 8 -33n to -30n UNCH
Yellow Sorghum 9.4300-9.4500 DN 14 -63n to -62n UNCH
Yellow Soybeans 13.4300 UP 30 -35n UNCH
FORWARD CASH BIDS FOR New Crop
Bids Change (?/bu) Basis Change
HRW Wheat:
Ord Protein 7.9400 UP 2 -30n UNCH
SRW Wheat 6.1400 UP 2 -210n UNCH
Yellow Corn 5.8700 DN 6 -30z UNCH
Yellow Sorghum 10.1300 DN 10 -50z UNCH
Yellow Soybeans 12.4900 UP 30 -100x UNCH
Cash bids reflect the difference between the basis and the futures settlement.
HRW Wheat = US 1; SRW Wheat = US 2; Yellow Corn = US 2; Yellow Sorghum = US 2;
Yellow Soybeans = US 2
CBOT/KCBOT symbols: F January, G February, H March, J April, K May,
M June, N July, Q August, U September, V October, X November, Z December
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Monthly Prices for: April 2008
Yellow Corn 5.7052
Yellow Sorghum 9.7023
Yellow Soybeans 12.7514
Source: USDA-MO Dept of Ag Market News St. Joseph, MO
Baldemar Ortiz, Market Reporter (816)238-0678
www.ams.usda.gov/LSMarketNews
13:53 C bro
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