Cash bids mostly lower
Compared to last week, cash bids for were mostly lower for wheat, corn, sorghum and soybeans according to USDA reported prices, April 19.
For the week ending April 14, a decrease of 343,950 metric tons of corn inspected and weighed for export was reported while an increase of 153,820 metric tons of soybeans were inspected and weighed. Wheat inspected and weighed for export showed an increase of 13,068 metric tons. Sorghum inspected and weighed for export reported an increase of 172,628 metric tons.
Ethanol production for the week ending April 1, had a decrease at 995,000 barrels a day.
Wheat was down 12 3/4 cents to unchanged. Corn down 2 1/4 to 7 1/4 cents. Sorghum was down 7 1/4 to 9 1/4 cents. Soybeans were up 1 3/4 to 16 3/4 cents.
In the futures close, Kansas City May wheat was $11.71 1/2.
Terminal wheat bids, paid for truck delivery, included Kansas City, $11.81 1/4, down 12 3/4 cents; Minneapolis, $14.81 1/2, down 3 1/2 cents; Portland, $10.50 to $11.50, unchanged; St. Louis, $11.05, down 18 1/4 cents.
Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $8.14 3/4 to $8.29 3/4, down 7 1/4 cents; Minneapolis, $7.69 to $7.71, down 9 1/4 to 7 1/4 cents; southern Iowa, $7.81 to $7.91, down 9 1/4 cents; Omaha, $7.63 3/4 to $7.80 3/4, down 7 1/4 cents.
Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $16.91 3/4 to $17.06 3/4, down 1 2/ cents; Minneapolis, $16.76 1/2 to $16.77 1/2, up 1 3/4 cents; southern Iowa, $16.94 1/2 to $17.08 1/2, up 1 3/4 to 3 3/4 cents; central Illinois processors, $17.01 1/2 to $17.61 1/2, up 1 3/4 to 16 3/4 cents.
Kansas City wheat prices April 19, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $14.24 1/2 to $14.34 1/2, down 1/2 cent; 12% protein, $14.64 1/2 to $14.74 1/2, down 1/2 cent; 13% protein, $14.64 1/2 to $14.74 1/2, down 1/2 cent; 14% protein, $14.64 1/2 to $14.74 1/2, down 1/2 cent. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was unavailable.
