National
Grain Market
St. Joseph, Mo.
Wednesday, March 31, 1993
DAILY NATIONAL GRAIN
SUMMARY RUSSIAN AID PACKAGE
BECOMING OLD NEWS BUT
REMAINS THE MAIN INFLUENCE
FOR PRICE STRENGTH. PROFIT TAK
ING ON THE BOARD AHEAD OF
TODAY’S USDA STOCKS AND
ACREAGE REPORT THE NEGATIVE
FORCE. WHEAT 1 TO 12 CENTS LOW
ER. CORN UNCHANGED TO 1 CENT
HIGHER. SORGHUM UNCHANGED
TO 2 CENTS HIGHER. SOYBEANS
MOSTLY 1 TO 2 CENTS HIGHER.
WHEAT PRICES DECLINED, ESPE
CIALLY SOFT WHEAT PRICES. PRES
SURED BY SPREAD LIQUIDATION IN
AN ATTEMPT TO NARROW RECENT
WIDE RANGES. SLIGHT GAINS IN
CORN PRICES DUE TO EXPECTA
TIONS OF MORE RUSSIAN DONA
TIONS AND IMPROVED EXPORT
INTEREST FROM OTHERS. UPTURN
IN CORN PRICES WERE LIMITED,
HOWEVER. BY INCREASE IN FAR
MER SELLING OVERNIGHT AND
SOME PROFIT TAKING AHEAD OF
USDA’S STOCKS AND ACREAGE
REPORT TO BE RELEASED TODAY.
SOYBEAN PRICES FINISHED
SLIGHTLY HIGHER ON HOPES PRES
IDENT CLINTONS WILL ANNOUNCE
NEW AID PACKAGE TO RUSSIA BY
SUNDAY. RECENT CENCUS BUREAU
REPORT SHOWED EDIBLE OIL
USAGE UP 4 PERCENT FROM A YEAR
AGO ALSO BOOSTED PRICES. ANTI
CIPATION FOR STOCKS AND
ACREAGE FIGURES LIMITED GAINS.
USDA’S PROSPECTIVE PLANT
INGS REPORT JUST RELEASED,
SHOWED WINTER WHEAT SEED
INGS FOR 1993 ARE 51.2 MILLION
ACRES, OFF 1 PERCENT FROM THE
PREVIOUSLY PUBLISHED ESTIMATE
BUT UP SLIGHTLY FROM 1992.
OTHER SPRING WHEAT EXPECTA
539 Falling Spring Road
■ P.O. Box 219
I Chambersburg, PA 17201-0219
® 717-263-9111
I
RYDER Supply
TIONS FOR 1993 TOTAL 19.0 MIL
LION ACRES. UP 1 PERCENT FROM
LAST YEAR TO THE HIGHEST LEVEL
SINCE 1953. CORN GROWERS INDE
ND TO PLANT 76.5 MILLION ACRES
OF CORN FOR ALL PURPOSES IN
1993, DOWN 4 PERCENT FROM LAST
YEAR BUT I PERCENT ABOVE 1991.
SOYBEAN PLANTINGS ARE ESTI
MATED AT 59.3 MILLION ACRES
THIS YEAR, VIRTUALLY
UNCHANGED FROM 1992.
ALL WHEAT STOCKS ON MARCH
1,1993, ARE ESTIMATED AT 1.05 BIL
LION BUSHELS. UP 18 PERCENT
FROM MARCH 1,1992. CORN STOCKS
IN ALL POSITIONS ON MARCH I,
1993, TOTALED 5.68 BILLION
BUSHELS, 25 PERCENT ABOVE A
YEAR EARLIER. OF THE TOTAL
STOCKS, 3.63 BILLION BUSHELS ARE
STORED ON FARMS, 39 PERCENT
MORE THAN LAST YEAR. SOY
BEANS STORED IN ALL POSITIONS
ON MARCH 1, 1993, TOTALED 1.22
BILLION BUSHELS. 3 PERCENT
ABOVE .HOLDINGS A YEAR AGO.
ON-FARM STOCKS ARE 14 PERCENT
ABOVE LAST MARCH.
EXPORT NEWS: USDA HAS
APPROVED CHANGES THAT WOULD
ALLOW 600,000 TONNES U.S. GRAIN
STALLED UNDER THE DEPART
MENT’S EXPORT CREDIT PROGRAM
TO BE SHIPPED TO RUSSIA. USDA
SIGNED A 3.5 MILLION DOLLAR
PL4BO FOOD AID AGREEMENT FOR
24.000 TONNES OF U.S. WHEAT SOLD
TO SURINAME IN FISCAL 1993. USDA
AUTHORIZED EL SALVADOR TO
BUY ABOUT 80,000 TONNES WHEAT
NO. 2 OR BETTER, EXCEPT FOR DUR
UM WHEAT, U.S. 3 OR BETTER
GRADE, 28,700 OF SOYMEAL AND
36.000 TONNES TALLOW UNDER
PREVIOUSLY ANNOUNCED FISCAL
1 993 PL4BO PROGRAM FOR THAT
v’OUNTRY, SHIPMENT IS SCHE
DULED FOR MARCH/NOVEMBER.
VENEZUELA BOUGHT UP TO 30,000
TONNES SOYMEAL, SPLIT BETWEEN
U.S. AND BRAZILIAN ORIGIN. USDA
ACCEPTED A BID TO SELL 545 TON
NES SUNOIL TO MEXICO UNDER
THE SUNFLOWER OIL ASSISTANCE
PROGRAM FOR APRIL SHIPMENT.
USDA SHIFTED 5 MILLION DOLLARS
IN FISCAL 1993 GSM-102 EXPORT
CREDIT GUARANTEES FOR
ALGERIA.
DATE CHANGE YEAR AGO TRUCK
BIDS; 03/31/93 03/30/93 04/01/92
WHEAT: KANSAS CITY 3.71-3.74 DN 4
4.12-4.14 MINNEAPOLIS TRUCK BID
3.92 3/4 DN 1 4.13 1/2 PORTLAND
3.80-3.83 DN 12 4 30-4.35 ST. LOUIS
4,03-4.06 DN 2-UP 1 3.51-3.58.
CORN, U.S. NO. 2 YELLOW: KAN
SAS CITY 2 29-2.30 NC 2.58-2 60 MIN
NEAPOLIS 2.25 1/4 UP 12.52 SO. lOWA
2.32-2.34 UP 1-NC 2.56-2.58 OMAHA
2.15-2.18 NC 2.46-2.47 SOYBEANS, NO.
1 YELLOW: KANSAS CITY 5 80-5.84
DN 2-UP 1 5.81-5.83 MINNEAPOLIS
5.77 1/4 UP 2 1/2 572 1/4 SO. lOWA
5.83-5.85 UP 1 5.75-5.79 C. ILL. PRO
CESSORS 5.86 1/4-5.97 1/4 UP 1 1/2-2
1/2 5.77 1/4-5.88 1/4.
•TRUCK BIDS FOR KANSAS CITY,
US NO. 1 HARD RED WINTER
WHEAT, ORDINARY PROTEIN. MIN
NEAPOLIS, US NO. 1 DARK NORTH
ERN SPRING WHEAT. 14% PROTEIN.
PORTLAND. NO. 1 SOFT WHITE
WHEAT. ST. LOUIS, NO. 2 SOFT RED
WINTER WHEAT.
FUTURES CLOSE: KANSAS CITY
(MAY) WHEAT 3.30 3/4 DN 1 3.74 MIN
NEAPOLIS (MAY) WHEAT 3.32 3/4 DN
1 3.81 1/2 CHICAGO (MAY) WHEAT
3.47 1/4 UP 1/2 3.69 1/4 (MAY) CORN
2.30 1/4 NC 2.60 (MAY) SOYBEANS
5.88 1/4 UP 1 1/2 5.77 1/4.
EXPORT: BARGE OR RAIL, PORT
OF NEW ORLEANS OR NORTH TEX
AS GULF. NO. 1 HARD RED WINTER
WHEAT ORDINARY PROTEIN 4.04
3/4-4.05 3/4 DN 4-5 4.46-4.47 NO. 2
SOFT RED WINTER WHEAT 4.42-4.47
UP 1/4-NC 4.19-4.22 NO. 2 YELLOW
CORN 2.55 3/4-2.56 UP 3/4 2.83-2.84
NO. 2 YELLOW SORGHUM RAIL
440-443 NC BARGE 4.47 NC 5.23-5.23
NO. 2 YELLOW SOYBEANS 6.10-6.11
UP 2 1/4-2 6.08-6.09 BIRD.
THIS REPORT A SERVICE OF U.S.
DEPARTMENT OF AGRICULTURE.
LIVESTOCK AND GRAIN MARKET
NEWS. ST. JOSEPH, MISSOURI. BIRD.
Kirkwood Hay Auction
Kirkwood, Pa.
Tuesday, March 30, 1993
Report Supplied by Auction
100 LOADS OF HAY.
MIXED HAY: IST CUTTING
93.00- 2ND CUTTING
98.00-
TIMOTHY: 86.00-160.00.
ALFALFA; IST CUTTING
75.00- 2ND CUTTING
90.00- 3RD CUTTING
98.00-
CLOVER; 98.00-121.00.
ALFALFA NEW SEEDING: 101.00.
GRASS: 92.00-127.00.
WHEAT STRAW: 70.00-93.00.
BARLEY STRAW: 77.00-97.00.
RYE STRAW: 77.00-90.00.
OAT STRAWL 79.00.
OATS; 1.57-2 00 BU.
BAR CORN: 82.00.
SALE TIME 11 A.M.
Dewart Hay
Dewart, PA.
Monday, March 29, 1993
Report Supplied by Auction
36 LOADS OF HAY, 40.00-122.50.
STRAW: 6 LOADS, 44.00-60.00.
WOOD: 7 LOADS, 15.00-51,00.
CORN: 3 LOADS. 50.00-67.00.
OATS: 3 LOADS, 1.62-1.65 BU.
BOYDELL FARMS
302 lona Rd., Lebanon, PA 17042
Phone: 717-272-8943
WHOLESALE & RETAIL
Lancaster Farming, Saturday, April 3 1993-A5
Westminster Hay
Weitinlniter, Md.
Tuesday, March 30, 1993
Report Supplied by Auction
ALFALFA: 82.00-135.00, 1.70-2.80
BALE, 20.00 LARGE ROUND.
TIMOTHY: 97.00-102.00, 1.70-2.85
BALE, 14.00-21.00 LARGE ROUND
BALES.
MIXED HAY: 75.00-100.00, 1.20-2.70
BALE.
GRASS: 1.20-2.00 BALE.
CLOVER: 2 40 BALE.
STRAW: 80.00-87.00. .75-1.55 BALE
WOOD- 75 00 CORD
Greencastle
Livestock Market
Hay & Straw
March 25 and 29, 1993
52 LOADS.
ALFALFA: GOOD 100 00-136 00.
FAIR 82.00-99.00
ALFALFA MIXED; 87 00-107 50
TIMOTHY HAY. 87.00-115.00
MIXED HAY; 7000-95 00
BROME 90.00-103.00
WHEAT STRAW 80 00-97 00
OAT STRAW: 70 00
Keister’s Hay
Middlcburg, FA
March 30, 1993
Report supplied by auction
64 LOADS OF HAY
ALFALFA; 75.00-130 00
MIXED HAY; 7000-135 00
TIMOTHY; 105 00-110 00
STRAW: 45.00-70 00
EAR CORN; 45 00-70 00
BARLEY; 2.00 BU
OATS: 1.90-3.30 BU
WOOD- 10 00-45 00 LOAD
SPRING BARLEY-BUCKWHEAT