Cash bids for grains end higher

Compared to April 23, cash bids for grains were higher, according to the National Grain Market Summary, April 24.

USDA said current corn plantings totaled 5 percent, down from the five-year average for this time of year at 14 percent. This number may improve with the seven-day forecast showing warmer dry conditions to come.

Corn was mostly 2 cents higher. Wheat was 4 to 11 cents higher. Soybeans were mostly 1 1/2 cents higher.

In the futures close, Kansas City May wheat was $4.92 1/2, up 9 1/4 cents.

Terminal wheat bids, paid for truck delivery, included Kansas City, $4.92 1/2, up 9 1/4 cents; Minneapolis, $6.22 3/4, up 4 3/4 cents; Portland, $5.72 to $5.90, up 1/2 cents to unchanged; St. Louis, $4.65 to $4.80, up 11 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $3.73 1/4, up 2 3/4 cents; Minneapolis, $3.43 1/4, down 1/4 cent; southern Iowa, $3.54 1/4 to $3.67 1/4, up 3/4 to 2 3/4 cents; Omaha, $3.65 to $3.70, up 2 cents.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $10.02 1/4 to $10.07 1/4, up 1 1/2 cents; Minneapolis, $9.71 1/4, up 1/2 cent; southern Iowa, $9.81 1/4 to $9.93 1/4, up 3 1/2 to 1 1/2 cents; central Illinois processors, $10.02 1/4 to $10.16 1/4, up 1 1/2 cents.

Kansas City wheat prices April 24, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $5.82 1/2 to $5.97 1/2, up 9 1/4 cents; 12% protein, $6.20 1/2 to $6.35 1/2, up 11 1/4 cents; 13% protein, $6.47 1/2 to $6.62 1/2, up 9 1/4 cents; 14% protein, $6.92 1/2 to $7.07 1/2, up 44 1/4 cents. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was $3.77 to $3.81 1/2, up 3/4 to 2 1/4 cents.