National
Grain Market
St. Joseph, Mo.
Wednesday, December 18, J 991
USDA DAILY NATIONAL GRAIN
MARKET SUMMARY WHEAT PRICES
MIXED, MOSTLY LOWER; CORN
AND BEAN PRICES HIGHER WED
NESDAY ON LACK OF EXPORT
DEMAND, FUND BUYING AND
RENEWED HOPES FOR USSR.
WHEAT MIXED. CORN STEADY TO 6
CENTS HIGHER. SORGHUM 4 TO 5
CENTS HIGHER. SOYBEANS 1 TO 2
CENTS HIGHER. WHEAT PRICES
MOSTLY LOWER WITH WEAKNESS
COMING FROM ABSENCE OF USSR
BIDS THIS WEEK AND COMMER
CIAL BEAR SPREADING FOR
DECEMBER CONTRACTS. FURTHER
DELAYS IN EXPECTED SOVIET BIDS
FOR U.S. EXPORT BONUS WHEAT
AND PROFIT TAKING ON THE
BOARD CAUSED WEAKNESS BUT
SCATTERED COMMERCIAL BUYING
LIMITED PRICE DECLINES. FUND
BUYING BROUGHT ON BY OPTIMIS
TIC OUTLOOK FOR CORN SALES TO
USSR. ADDED STRENGTH TO
PRICES. NEWS INDICATING SOVIET
BANK OF FOREIGN ECONOMIC
RELATIONS EXPECTED TO MAKE
LARGE PRINCIPAL PAYMENTS ON
EXPORT CREDIT LOAN. DUE EARLY
IN 1992, PUSHED CORN PRICES
SHARPLY HIGHER. SOYBEAN
PRICES ALSO ADVANCED ON FUND
BUYING AND RENEWED HOPES FOR
SOVIET PURCHASES. THIS WEEK’S
STORM IN ARGENTINA, WHICH
SHOWERED LARGE HAIL OVER AT
LEAST 247,000 ACRES OF HARD
WHEAT AND SOYBEANS, ADDED
SUPPORT TO BEAN PRICES. ARGEN
TINA HAS DECLARED “DISASTER
You’ll Get Consistent,
4393
105 Days
New Funk’s G brand hybrids deliver consis
tent performance even under the stress of heat,
drought, marginal soils or disease pressures.
So you’ll get virtually risk-free performance in
good years and in bad years.
Backed by CIBA-GEIGY research
You see, these hybrids are backed by nine
years of CIBA-GEIGY Seed Division research.
With local testing in growing conditions {ust
like yours. That kind of research produces
hybrids capable of standing up to anything
mother nature has to offer. Hybrids that
maximize your profit potential, while minimiz
ing your risks.
Get complete performance
Plus, you get performance across the board.
With big yields. But with 95% or better
standability... 25% or less moisture... and
The limitation of warranty and remedy on tfie tag attached to each bag of Funk's G brand hybrids and Hoffman Seed sold is a part of the terms of sale thereof
Funk's Gls a brand name Number Identify products
ZONE” STATUS BUT MUCH OF THE
BEAN CROP CAN BE REPLANTED.
EXPORT NEWS: TURKEY BOUGHT
3,000 TONNES SOYOIL AND 2,000
TONNES COTTONSEED OIL UNDER
EXPORT BONUS PROGRAM AND
COTTONSEED OIL ASSISTANCE
PROGRAM FOR DEC/JAN/FEB.
DATE CHANGE YEAR AGO 12/18/91
12/17/91 12/19/90 WHEAT: KANSAS
CITY 4.03-4.05 NC 2.63-2.67 MINNEA
POLIS 4.02 1/4-4.17 1/4 DN 11 1/4-UP
3/4 2.74 1/2-2.80 1/2 PORTLAND
4.37-4.60 DN 1-NC 2.87-2.90 ST. LOUIS
3.64-3.67 UP 2 2.69-2.72.
CORN, U.S. NO. 2 YELLOW: KAN
SAS C1TY2.56-2.57 UP 3 2.33-2.36 MIN
NEAPOLIS 2.32 UP 2 3/4 2.20 1/4 SO.
lOWA 2.42-2.50 NC-UP 1 2.28-2.33
OMAHA 2.35-2.37 UP 6-3 2.19-2.24.
SOYBEANS. NO. 1 YELLOW: KAN
SAS CITY 5.61-5.64 UP 2 5.75-5.80 MIN
NEAPOLIS 5.35 3/4 UP 2 5.65 1/4 SO.
lOWA 5.48-5.54 UP 1 1/2-1 5.72-5.78 C.
ILL. PROCESSORS 5.63-5.68 UP 1 1/4-2
1/4 5.83 1/2-5.89 1/2.
♦KANSAS CITY, US NO. 1 HARD
RED WINTER WHEAT. ORDINARY
PROTEIN. MINNEAPOLIS, US NO. 1
DARK NORTHERN SPRING WHEAT,
14% PROTEIN. PORTLAND. NO. 1
SOFT WHITE WHEAT, ST. LOUIS, NO.
2 SOFT RED WINTER WHEAT.
FUTURES CLOSE; KANSAS CITY
(MAR) WHEAT 3.91 1/4 UP 3/4 2.61 3/4
MINEAPOLIS (MAR) WHEAT 3.77 1/4
UP 3/4 2.
60 1/2 CHICAGO (MAR) WHEAT 3.89
1/4 UP 1 2.61 3/4 (MAR) CORN 2.56 UP
2 3/4 2.35 1/4 (JAN) SOYBEANS S.S2 3/4
UP 2 5.76 1/4.
EXPORT: BARGE OR RAIL, PORT
OF NEW ORLEANS OR NORTH TEX
AS GULF. NO. 1 HARD RED WINTER
WHEAT ORDINARY PROTEIN
4.40-4.42 UP 1-2 2.96-3.02 NO. 2 SOFT
RED WINTER WHEAT 4.29-4.30 UP 1
4472
110 Days
2.95-2.97 NO. 2 YELLOW CORN
2.76-2.77 UP 3-2 2.58-2.61 NO. 2 YEL
LOW SORGHUM RAIL 4.96 UP 4
BARGE 4.96 UP 2 4.59-4.65 NO. 2 YEL
LOW SOYBEANS 5.87-5.88 UP 2
6.05-6.06.
Keister’s Hay
Mlddleburg, PA
December 17, 1991
Report supplied bj auction
45 LOADS HAY.
ALFALFA: 135.00-165.00 TON.
MIXED HAY: 85.00-150.00 TON
STRAW: 7 LOADS, 95.00-120.00
TON.
NEW EAR CORN: 4 LOADS.
105.00-115.00 TON.
OLD EAR CORN: 135.00 TON.
OATS: 3 LOADS. 2.35-2.40 BU.
FIREWOOD: 4 LOADS. 37.50-40.00
LOAD.
Leinbach’s Hay
Shlppcniburg, PA
December 14 and 17
Report Supplied by Auction
TOTAL LOADS: 83.
ALFALFA: 80.00-186.00.
MIXED HAY: 66.00-118.00.
TIMOTHY: 83.00-126.00.
CLOVER: 119.00.
BROME GRASS: 80.00-127.00.
ORCHARD GRASS: 81.00-120.00.
STRAW; 61.00-101.00.
EAR CORN: 96.00-104.00.
WOOD: 25.00-47.00 LOAD.
CORN FODDER: 65.00.
4530 4624
113 Days
intactness ratings under four. And you get all
that in the maturity groups you need to spread
your risks even more.
Limit your risks
Get risk-free performance on your farm
today by calling Hoffman Seeds, Inc. You’ll
enjoy the peace of mind that comes from
planting these new Funk’s G brand hybrids.
Toll free: 1-800-776-7929
Hoffman Seeds, Inc.
Landisville, PA 17538
FUNK'S 8? WE’RE PLANTING THE SEEDS OF CHANGE.
Westminster Hay
Westminster, Md.
Tuesday, December 17, 1991
Report Supplied by Auction
TOTAL LOADS: 117.
ALFALFA: 122.00-125.00 TON.
2.004.40 BALE.
ALFALFA MIX: 90.00132 TON.
2.103.00 BALE.
TIMOTHY: 122.50, 1.802.90 BALE.
TIMOTHY MIX: 67.00-130.00,
1.202.60 BALE.
ORCHARD GRASS: 135.00, 1.702.30
BALE.
TIMOTHY ROUND BALES: 30.00
EACH.
ALFALFA ROUND BALES:
30.0032.00 EACH.
GRASS HAY: 1,702.65 BALE.
OATS: 3.20 BU.
STRAW: 77.00-102.00, 1.20-1.70
BALE.
WOOD: 35.0077.00 CORD.
NO SALE ON DEC. 24. BUT WILL BE
ON DEC. 31.
Aberdeen
Hay Auction
Church vide, Md.
Wed, December 18, 1991
Report Supplied by Auction
ALFALFA HAY 2.90 @ BALE.
ALFALFA MIXED HAY 2.75 @
BALE.
GRASS HAY 1.70 @ BALE.
GRASS MIXED HAY 1.90 @ BALE.
118 Days
CIBA-GEIGY
SMd Division
@1991 Hoffman S«ed«
Lancaster Farming, Saturday, Dacamßar 21, 199145
Thii iile if held every lecond and fourth
Friday at Hoover's Hay Auction, 1 mile
east of Gratz, Pa.
North Jersey
Market
Hackettstown, NJ.
Tuesday, December 17, 1991
Hay—Straw & Grain Report
ALFALFA HAY: 2 LOADS. 2.80 AND
3.20 BALE.
MIXED HAY; 13 LOADS. 1.30-2.80
BALE.
TIMOTHY HAY: 3 LOADS AT
1,80-2.50 BALE.
GRASS HAY: 5 LOADS, 1.50-1.90
BALE.
FORNEY LONGENECKER
SECOND VICE PRESIDENT /
SHEAR CAN financial consultant
commodities
LEHMAN
BROTHERS
29 E. KING STREET
HHH SUITE 200
j||a|W LANCASTER. PA 17002
717 295 8914 800 342 7033 PA
800 4411997 US
r,'
OXFORD, PA 19363
(800) 222-2948
Hoover’s Hay Auction
Gratz, Pa.
Friday, Dec. 13, 1991
Report Supplied by Auction
TOTAL LOADS: 3.
TIMOTHY: 96.00.
GRASS HAY: 102.00.
CLOVER: 90.00.
WHEAT STRAW: 1.60 BALE.
OATS: 6.50 BAG.
COB CORN: 4.00 BAG.
TOTAL: 27 LOADS.
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