St. Joseph, MO - Thu, May 08, 2008 - USDA-MO Dept of Ag Market News
Truck bids for Grains Delivered to Kansas City
(Price per bushel except Sorghum price per cwt.)
SPOT Bids Change (¢/bu) Basis Change
HRW Wheat:
Ord Protein 8.2300 UP 10 -45n UNCH
SRW Wheat 6.3800 UP 10 -230n UNCH
Yellow Corn 5.9500-5.9800 UP 17 -35n to -32n UNCH
Yellow Sorghum 10.1300-10.1400 UP 31-UP 30 -63n to -62n UNCH
Yellow Soybeans 12.8000 UP 1 -30n UNCH
FORWARD CASH BIDS FOR New Crop
Bids Change (¢/bu) Basis Change
HRW Wheat:
Ord Protein 8.3800 UP 10 -30n UNCH
SRW Wheat 6.4800 UP 10 -220n UNCH
Yellow Corn 6.1600 UP 15 -30z UNCH
Yellow Sorghum 10.6400 UP 26 -50z UNCH
Yellow Soybeans 11.4600 UNCH -100x UNCH
Cash bids reflect the difference between the basis and the futures settlement.
HRW Wheat = US 1; SRW Wheat = US 2; Yellow Corn = US 2; Yellow Sorghum = US 2;
Yellow Soybeans = US 2
CBOT/KCBOT symbols: F January, G February, H March, J April, K May,
M June, N July, Q August, U September, V October, X November, Z December
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Monthly Prices for: March 2008
Yellow Corn 5.3200
Yellow Sorghum 9.1320
Yellow Soybeans 12.7245
Source: USDA-MO Dept of Ag Market News St. Joseph, MO
Baldemar Ortiz, Market Reporter (816)238-0678
www.ams.usda.gov/LSMarketNews
14:30 C bro
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