SJ_GR850   
St. Joseph, MO    Tue Feb 10, 2009    USDA-MO Dept Ag Market News

Daily National Grain Market Summary

   Grain and soybean bids were slight to moderate lower despite supportive USDA 
supply/demand report.  Wheat was pressured by the sharp declines in the stock 
market, along with lower crude oil.  Corn and soybeans retreated as rain was 
forecasted in Argentina.  Wheat was 4-9 cents lower.  Corn was mostly 1-2 cents 
lower.  Sorghum was 1 cent lower.  Soybeans were 6-11 cents lower.

                             DATE           CHANGE              YEAR AGO
TRUCK BIDS:                  02/10/09       02/09/09            02/12/08

Wheat:                                                           
   Kansas City (HRW ORD)     5.49-5.52      dn 6               10.06
   Minneapolis (DNS)         6.95 1/2       dn 5 3/4           17.32 1/2
   Portland (SWW)            5.65-5.71      dn 5-14             n/a
   St. Louis (SRW)           4.56           dn 4                9.24
 
Corn, US No 2 Yellow:    
   Kansas City               3.70-3.74      dn 1                4.93
   Minneapolis               3.48 3/4       dn 3/4              4.64 3/4
   So. Iowa               3.49 3/4-3.62 3/4 dn 3/4-up 1 1/4 4.74 3/4-4.75 3/4
   Omaha                     3.62-3.67      up 1-dn 1           4.63-4.76
             
Soybeans, US No 1 Yellow:                
   Kansas City               9.89           dn 8               12.36
   Minneapolis               9.49           dn 8               No Bid
   So. Iowa                  9.63-9.71      dn 8-11            12.56
   Cent. Il Processor        9.89-10.09     dn 8               12.71-12.85

FUTURES:                                                                
   Kansas City (Mar) Wheat     5.89         dn 6               10.45 1/2
   Minneapolis (Mar) Wheat     6.53 1/4     dn 5               16.73
   Chicago     (Mar) Wheat     5.56         dn 9               10.07
   Chicago     (Mar) Corn      3.76 3/4     dn 3/4              4.97 3/4
   Chicago     (Mar) Soybeans  9.94         dn 8               13.21

*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    6.12-6.54               dn 6                  10.85 1/2-10.95 1/2
US 2 Soft Red Winter Wheat:                                 
     Barge   5.11-5.16               dn 6-9                    10.17-10.37
2 Yellow Corn:                
     Barge   4.26 3/4-4.29 3/4       dn 3/4-2 3/4           5.39 3/4-5.41 3/4
US 2 Sorghum    
     Rail    6.73-6.91               dn 1                       9.51-9.69
     Barge   6.67 1/2-6.72 3/4       dn 1 1/4               9.33 1/2-9.87
US 2 Yellow Soybeans   
     Barge   10.54-10.57             dn 7-6                    13.61-13.66

SOURCE:  USDA- MO Dept OF Ag Market News Service, St. Joseph, MO
         Baldemar Ortiz, Market Reporter (816)238-0678
         www.ams.usda.gov/LSMarketNews 
              
1516     bro





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