MS_GR110 Minneapolis, MN Mon Nov 23, 2009 USDA Market News Minneapolis Daily CASH Grain Report Receipts Rail Nov 23 Year Ago Wheat 69 44 Durum 116 0 Corn 0 0 Oats 0 0 Barley 0 3 Rye 0 0 Soybeans 0 0 Sunflowers 0 0 Minneapolis Daily Grain Prices: Spot No. 1 Northern/Dark Northern Spring Wheat 13 to 15 pct protein wheat was mixed, mostly 5.75 lower to 14.25 cents higher from 5.6325-8.9825. The Spring Wheat basis was mixed, mostly 5 cents lower to 15 cents higher . NOTE: The 13.5 and 14.5 pct protein category will be added on days when it can more clearly represent the value of the 14's. Prices Reflect No. 1 Milling Quality Only. Milling Quality is defined as 300 or better Falling Numbers; 58 lbs or better test weight; 13.5 pct or less Moisture; 1.5 Pct or less Damage; 1.5 Pct or less Dockage and 2.0 ppm or less vomitoxin. RAIL - Spot TRUCK Mpls/Dul Change Bid To Arrive 20 Day US 1 Milling DNS/NS Wheat Mpls Dul 12 Pct 5.3825N -5.6325 dn 0.75 - up 24.25 - - - - 13 Pct 5.6325 -5.6825 dn 0.75-up 4.25 5.3325 - - 13.5 Pct 6.0825 -6.3825 N up 14.25-dn 0.75 - - - - 14 Pct 6.8825 -7.0325 dn 5.75-30.75 5.9325 - - 14.5 Pct 7.8325N -8.0325 N dn 0.75 - - - - 15 Pct 8.7825 -8.9825 N up 14.25-dn 0.75 6.4325 - - 16 Pct No Quote - - - - - - 17 Pct No Quote - - - - - - 18 Pct No Quote - - - - - - *Train Balance Spring Wheat - 13 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 14 pct US 1 6.7825 no comp US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 15 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - *Train The Balance Spring Wheat does not meet domestic milling specifications and is traded at a basis price with market discounts on other grade factors. US 1 Hard Red Winter Wheat Mpls 10 Pct No Quote - - 11 Pct No Quote - - 4.9625 12 Pct No Quote - - 5.3625 13 Pct No Quote - - 5.4625 14 Pct No Quote - - Milling Durum: 0 Cars traded with 0 at the Top Choice MilNo Quote - - Balance MiNo Quote - - Terminal -No Quote - - Dul No Quote - - Durum traded from/at - - As Is. Rye: Mpls US 1 PlumpNo Quote - - 4.5000 US 2 No Quote - - 4.5000 Barley: Mpls US 2 Feed Dul No Quote - - - - Mpls 2.6500B unch 2.6500 US 2 Yellow Corn Mpls Mpls 3.4225B dn 5.75 3.4225 More corn bids: R/O 3.7325; May 3.7925; June 3.8225; . US 1 Yellow Soybeans Mpls Mpls 9.9200B up 1 9.9200 More soybean bids: R/O 9.9825; May 10.0225; June 9.985; . Oats: Mpls US 2 or Better 2.5225-2.5725 RAIL - Spot RAIL Mpls/Dul Change Bid to Arrive Mpls 20 Day Oats: No Quote - - 2.5225-2.5725 Malting Barley - 2.0 ppm or less vomitoxin Robust 70 Pct Btr Plump No Quote - - 3.3500** **To-Arrive Malting barley is Rail delivered Minneapolis for 1.0 ppm vomitoxin with discounts to apply. Mpls=Minneapolis Dul=Duluth N=Nominal R/O= River Open A=Asked B=Bid NB=No Bid NQ=No Quote NC=New Crop October 2009 AVERAGES Average prices are for spot market unless otherwise denoted. Minneapolis No 1 DNS Wheat 13% protein 5.3525 14% protein 6.3600 15% protein 7.9110 No 1 Hard Amber Durum No Quote Rye Spot No Quote To-Arrive 4.2500 No 2 Yellow Corn 3.3875 No 2 Heavy Oats 2.3400 (20 Day To-Arrive Average) No 3 or better Malting Barley NQ (20 Day To-Arrive Average) No 2 Feed Barley 2.0725 No 1 Yellow Soybeans 9.5175 **Monthly averages are rounded to the nearest cent. Source: USDA Market News Service, Minneapolis, MN 612-370-3258 24 hour price information 612-370-3260 www.ams.usda.gov/mnreports/MS_GR110.txt 13:49 C cam