Cash bids mixed

Compared to last week, cash bids for were mixed for corn, soybeans, wheat and sorghum, according to USDA reported prices, July 27.

For the week ending July 22, a decrease of 39,758 metric tons of corn inspected and weighed for export was reported while a decrease of 97,963 metric tons of soybeans were inspected and weighed. Wheat inspected and weighed for export showed a decrease of 54,934 metric tons. Sorghum inspected and weighed for export reported an increase of 27,600 metric tons.

Ethanol production for the week ending July 16, had a slight decrease at 1,028,000 barrels a day.

Wheat was up 2 1/2 cents to unchanged. Corn was down 1 cent. Sorghum was down 1 cent to unchanged. Soybeans were up 11 3/4 to 20 1/2 cents.

In the futures close, Kansas City September wheat was $6.41 1/2.

Terminal wheat bids, paid for truck delivery, included Kansas City, $6.61 1/2 to $6.78 1/2, up 2 1/2 cents; Minneapolis, $7.36 1/2 to $7.41 1/2, up 2 1/2 cents; Portland, $7.70 to $8, unchanged; St. Louis, $6.54 1/2 to $6.58 1/2, up 8 1/2 to 4 1/2 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $6.23 3/4 to $6.38 3/4, down 1 cent; Minneapolis, $6.41 3/4 to $6.43 3/4, up 1 to down 1 cent; southern Iowa, $6.60 3/4 to $6.73 3/4, up 1 to down 1 cent; Omaha, $5.97 3/4 to $6.10 3/4, down 1 cent.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $14.09 1/2 to $14.34 1/2, down 8 1/4 cents; Minneapolis, $14.04 1/4 to $14.07 1/4, up 5 1/2 to 8 1/2 cents; southern Iowa, $14.29 1/4 to $14.37 1/4, up 5 1/2 cents; central Illinois processors, $14.54 1/2 to $14.98 1/4, up 11 3/4 to 20 1/2 cents.

Kansas City wheat prices July 27, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $7.24 1/2 to $7.34 1/2, up 6 1/2 cents; 12% protein, $7.76 1/2 to $7.86 1/2, up 2 cents; 13% protein, $8.41 1/2 to $8.51 1/2, up 2 1/2 cents; 14% protein, $8.41 1/2 to $8.51 1/2, up 2 1/2 cents. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was unavailable.