Cash bids remain mixed

Compared to last week, cash bids for were mixed for corn, soybeans, wheat and sorghum, according to USDA reported prices, June 29.

For the week ending June 24, a decrease of 767,365 metric tons of corn inspected and weighed for export was reported while a decrease of 101,190 metric tons of soybeans were inspected and weighed.  Wheat inspected and weighed for export showed a decrease of 265,836 metric tons. Sorghum inspected and weighed for export reported an increase of 18,834 metric tons.

Ethanol production for the week ending June 18, had a slight increase at 1,048,000 barrels a day.

Wheat was up 1 to down 4 cents.  Corn was up 1 cent.  Sorghum was down 16 1/4 to 19 cents.  Soybeans were up 2 3/4 cents.

In the futures close, Kansas City July wheat was $6.19.

Terminal wheat bids, paid for truck delivery, included Kansas City, $6.29 to $6.66, up 1 cent; Minneapolis, $7.02 to $7.07, up 1/4 cent; Portland, $8 to $8.50, down 4 cents to unchanged; St. Louis, $6.38 3/4 to $6.54 3/4, down 10 1/4 to 6 1/4 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $6.34 1/4 to $6.49 1/4, up 1 cent; Minneapolis, $6.72 1/2 to $6.76 1/2, up 17 to 19 cents; southern Iowa, $7 1/2 to $7.01 1/2, up 21 to 24 cents; Omaha, $6.13 1/4 to $6.22 1/4, up 1 cent.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $13.84 3/4 to $14.04 3/4, up 3 cents; Minneapolis, $13.25 3/4 to $13.29 3/4, up 1 3/4 to 2 3/4 cents; southern Iowa, $13.07 3/4 to $13.59 3/4, up 2 3/4 cents; central Illinois processors, $13.66 3/4 to $13.99 3/4, up 2 3/4 cents.

Kansas City wheat prices June 29, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $7.34 to $7.44 up 1 cent; 12% protein, $7.74 to $7.84, up 1 cent; 13% protein, $7.90 to $8, up 1 cent; 14% protein, $7.90 to $8, up 1 cent. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was unavailable.