Cash bids remain mostly mixed
Compared to last week, cash bids for were mostly mixed for wheat, corn, sorghum and soybeans according to USDA reported prices, Oct. 19.
For the week ending Oct. 14, an increase of 133,370 metric tons of corn inspected and weighed for export was reported while an increase of 555,178 metric tons of soybeans were inspected and weighed. Wheat inspected and weighed for export showed a decrease of 306,899 metric tons. Sorghum inspected and weighed for export reported a decrease of 32,118 metric tons.
Ethanol production for the week ending Oct. 8, had an increase at 1,032,000 barrels a day.
Wheat was up 4 1/4 cents to down 3/4 cent. Corn was up 2 1/2 to down 2 1/2 cents. Sorghum was down 2 1/2 cents. Soybeans were up 1 1/2 to 6 1/2 cents.
In the futures close, Kansas City December wheat was $7.48 1/4.
Terminal wheat bids, paid for truck delivery, included Kansas City, $7.68 1/4 to $7.80 1/4, down 12 3/4 to 3/4 cents; Minneapolis, $8.89 1/4, up 4 1/4 cents; Portland, $9.75 to $10.75, unchanged; St. Louis, $6.71 to $6.88, down 1/4 cent.
Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $5.25 1/4 to $5.35 1/4, up 2 1/2 cents; Minneapolis, $5.05 1/4 to $5.13 1/4, down 7 1/2 to 3 1/2 cents; southern Iowa, $5 1/4 to $5.15 1/4, down 14 1/2 to 1/2 cent; Omaha, $4.94 1/4 to $5.09 1/4, down 2 1/2 cents.
Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $12.13 to $12.38, up 1 1/2 to 6 1/2 cents; Minneapolis, $11.96 to $12.06, up 6 1/2 to 7 1/2 cents; southern Iowa, $11.78 to $12.08, down 18 1/2 to 8 1/2 cents; central Illinois processors, $12.18 to $12.38, up 1 1/2 to 6 1/2 cents.
Kansas City wheat prices Oct. 19, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $8.44 1/4 to $8.58 1/4, down 3/4 cent; 12% protein, $9.33 1/4 to $9.43 1/4, down 3/4 cent; 13% protein, $9.53 1/4 to $9.63 1/4, down 3/4 cent; 14% protein, $9.53 1/4 to $9.63 1/4, down 3/4 cent. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was unavailable.
