Daily National Grain Market Summary
SJ_GR850
St. Joseph, MO     Wed, Dec 06, 2017     USDA-MO Dept of Ag Market News

Daily National Grain Market Summary

  Compared to yesterday, cash bids for corn, wheat, soybeans, and sorghum
were lower.  March Chicago wheat and Minneapolis wheat were pressured today
as some private firms are estimating a higher than expected Canadian wheat
crop. Some estimating a 2.9 mmt increase from 27.1 mmt to 30.0 mmt, 3 mmt
higher than the USDA�s estimation of 27 mmt. Ethanol production for week
ending December 1st hit another record high 1.1 million barrels per day,
42,000 more than the week prior.  Corn was mostly 1 cent lower.  Sorghum was
3/4 to 1 cent lower.  Soybeans were mostly 5 3/4 cents lower.  Wheat was
Mostly 5 to 8 cents lower.

                             DATE               CHANGE                 YEAR AGO
TRUCK BIDS:                  12/6/2017         12/5/2017              12/7/2016

Wheat:
   Kansas City (HRW ORD)     3.8650            DN 8.00               3.1500-3.2000
   Minneapolis               6.1875            DN 12.50                 5.2900
   Portland (SWW)            5.1225-5.3000     DN 0.50-UNCH          4.4600-4.7700
   St. Louis (SRW)           4.2500-4.3500     DN 7.00-DN 5.00       3.8100-3.8600

Corn, US No 2 Yellow:
   Kansas City               3.2775-3.3275     DN 6.00-DN 1.00          3.4000
   Minneapolis               n/a               No Comp                  3.4000
   So. Iowa                  3.2275-3.3275     DN 3.00-UNCH          3.3500-3.4300
   Omaha                     3.2100-3.2500     DN 1.00-UNCH          3.2400-3.3000

Soybeans, US No 1 Yellow:
   Kansas City               9.6275-9.6775     DN 7.75-DN 5.75         10.0400
   Minneapolis               n/a               No Comp                  9.7400
   So. Iowa                  9.5875-9.6675     DN 5.75               10.1900-10.2700
   Cent. Il Processor        9.8275-9.9475     DN 5.75               10.3700-10.4700

FUTURES:
   Kansas City Wheat  (Mar)  4.2350            DN 8.00                  4.0000
   Minneapolis Wheat  (Mar)  6.1375            DN 12.50                 5.2900
   Chicago Wheat      (Mar)  4.2525            DN 7.50                  4.0100
   Chicago Corn       (Mar)  3.5275            DN 1.00                  3.5800
   Chicago Soybeans   (Jan)  10.0275           DN 5.75                 10.4900

*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
                             4.6600-4.8100     DN 8.25                  3.7000
US 2 Soft Red Winter Wheat
                             4.5625-4.7825     DN 7.50               4.3100-4.3400
Corn
  Barge                      3.7875-3.8575     DN 1.00               3.8600-3.9300
US 2 Sorghum
  Rail                       7.3975-7.6650     DN 0.75-DN 1.00       6.9275-7.1250
  Barge                      n/a                                         n/a
US 2 Yellow Soybeans
  Barge                      10.1675-10.2875   DN 6.75-DN 5.75       10.7500-10.8700

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Joe Toeniskoetter, Market Reporter  (816)676-7000
         www.ams.usda.gov/LSMarketNews
                1517Cjmt