SJ_GR850                              
St. Joseph, MO    Fri Jul 18, 2008    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids wee lower for the exception of wheat which was mix.  
Wheat saw spillover pressure from other grains.  However, harvest delays in the 
winter wheat region and good export demand lend support.  Corn and soybeans 
continue to see pressure from favorable weather through next week.   Wheat was 
20 cents lower to 8 cents higher.  Corn was 18-23 cents lower.  Sorghum was 38 
cents lower.  Soybeans were 44-52 cents lower.

                             DATE           CHANGE              YEAR AGO
TRUCK BIDS:                  07/18/08       07/17/08            07/20/07

Wheat:                                                           
   Kansas City (HRW ORD)     8.08           up 4                5.94
   Minneapolis (DNS)         8.88           up 8                6.10
   Portland (SWW)            7.75-8.00      dn 5-up 5           6.36-6.45
   St. Louis (SRW)           5.84           dn 6                5.51
 
Corn, US No 2 Yellow:  
   Kansas City               5.80-5.81      dn 21               3.13-3.14
   Minneapolis               5.31 1/2       dn 21 3/4           2.65 1/4
   So. Iowa                  5.53-5.55 1/2 dn 19 3/4-21 3/4 2.86 1/4-2.89 1/4
   Omaha                     5.56-5.63      dn 21-18            3.02-3.05
             
Soybeans, US No 1 Yellow:                
   Kansas City              14.68           dn 50               7.88
   Minneapolis              14.12           dn 51               7.10 1/4
   So. Iowa                 14.37-14.44     dn 46-44        7.41 1/4-7.47 1/4
   Cent. Il Processor       14.58-14.78     dn 52-50        7.80 1/4-8.00 1/4

FUTURES:                                                                
   Kansas City (Sep) Wheat     8.37 3/4     dn 3/4              6.03 1/2
   Minneapolis (Sep) Wheat     8.88         up 8                6.20
   Chicago     (Sep) Wheat     8.04         dn 5 1/2            6.16 1/4
   Chicago     (Sep) Corn      6.09 1/2     dn 21 3/4           3.18 1/4
               (Dec) Corn      6.28 1/2     dn 21 1/2           3.33 1/2
   Chicago     (Nov) Soybeans 14.48         dn 50               8.50 1/4 Aug

*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:          
     Rail    8.77 3/4-8.82 3/4       up 1/4                 6.43 1/2-6.48 1/2
US 2 Soft Red Winter Wheat:                                 
     Barge   6.39-6.44               dn 20                      6.16 1/4
2 Yellow Corn:                
     Barge   6.33 1/2-6.35 1/2       dn 23 3/4-22 3/4       3.60 1/4-3.61 1/4
US 2 Sorghum    
     Rail     9.17-9.26              dn 38                      5.96-6.22
     Barge    9.34 3/4-9.43 3/4      dn 38 1/2              6.84 3/4-6.90 1/4
US 2 Yellow Soybeans   
     Barge   15.28-15.32             dn 48-47               8.22 1/4-8.25 1/4

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
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