SJ_GR850   
St. Joseph, MO   Thu Jul 09, 2009    USDA-MO Dept Ag Market News

Daily National Grain Market Summary   

   Wheat market rallied with the sharply lower dollar and better than expected 
export sales of 584,200 tonnes.  The corn market rallied on the lower dollar and 
evening up ahead of the USDA’s supply and demand report on Friday.  Export sales 
for corn came in at 749,200 tonnes for current marketing year and 415,400 tonnes 
for next year.  Soybeans recovered some of their losses as there was some 
evening up ahead of supply and demand report also export sales were supportive.  
Export sales for beans came in at 287,000 tonnes for current marketing year and 
941,600 tonnes for next year.  Wheat closed 3-5 cents higher.  Corn traded 
mostly 5-8 cents higher.  Soybeans closed 19-38 cents higher.

   
                             DATE           CHANGE              YEAR AGO
TRUCK BIDS:                  07/09/09       07/08/09            07/10/08

Wheat:                                                           
   Kansas City (HRW ORD)     5.22-5.27      up 5                8.14
   Minneapolis (DNS)         6.32 1/2       up 3 1/2            9.11 3/4
   Portland (SWW)            5.50-5.55      dn 5-unch           7.90-8.00
   St. Louis (SRW)           4.050          up 5                5.98
 
Corn, US No 2 Yellow:    
   Kansas City               3.18           up 12-8             6.57-6.60
   Minneapolis               3.22 1/2       up 4 1/4            6.02 1/4
   So. Iowa               3.39 1/2-3.41 1/2 up 6 1/4-5 3/4  6.22 1/2-6.26 1/2
   Omaha                     3.04-3.06      up 5                6.29-6.31
             
Soybeans, US No 1 Yellow:                 
   Kansas City              10.81           dn 16              16.00
   Minneapolis              10.80 1/2       up 22 1/2          15.35 1/2
   So. Iowa             10.93 1/2-11.02 1/2 up 38 1/2-35 1/2 15.63 1/2-15.66 1/2
   Cent. Il Processor       10.86-11.06     up 19-21           15.97-16.12

FUTURES:                                                                
   Kansas City (Sep) Wheat     5.51 1/2     up 5                8.48 1/2
   Minneapolis (Sep) Wheat     6.07 1/2     up 3                8.81 3/4
   Chicago     (Sep) Wheat     5.22 1/4     up 5                8.18   
   Chicago     (Sep) Corn      3.29 1/2     up 4 1/4            6.86 1/2
               (Dec) Corn      3.40         up 5 3/4            7.04 1/4
   Chicago     (Nov) Soybeans  9.16         up 24              15.87
   
*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    6.01 1/2-6.11 1/2       up 5                   8.88 1/2-8.98 1/2    
US 2 Soft Red Winter Wheat:                                 
     Barge   4.62 1/4-4.77 1/4       dn 5-up 5                  6.73-6.78
2 Yellow Corn:                                         
     Barge   3.85 1/2-3.86 1/2       up 7 1/4-1 1/4         7.09 1/2-7.12 1/2
US 2 Sorghum    
     Rail    5.71-6.07               up 10-28                  10.52-10.61
     Barge   6.60 3/4                up 28 1/4-19 1/4      10.52 1/4-11.68 1/4
US 2 Yellow Soybeans                
     Barge   11.47 1/2-11.52 1/2     up 37 1/2             16.64 1/2-16.65 1/2

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Greg Harrison, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1525     glh





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