Nation*! Grain Market ST. JOSEPH, MO. MAY OS, 1993 DAILY NATIONAL GRAIN SUMMARY USDA’S ANNOUNCED BREAK DOWN OF POOD AID PACKAGE TO RUSSIA GAVE GRAIN AND BEAN PRICES SOME SUPPORT BUT WHEAT SUFFERED SLIGHTLY WITH LESS WHEAT THAN HOPED FOR INCLUDED IN AID PACKAGE. WHEAT MIXED. CORN MIXED. SORGHUM 1 TO 2 CENTS LOWER. SOYBEANS 3 TO 7 CENTS HIGHER. ALTHOUGH WHEAT WAS INCLUDED IN U.S. AID TO RUSSIA. SOME DISAP POINTMENT WAS NOTED AS LESS THAN ORIGINALLY THOUGHT WAS PORPORTIONED. MODERATE SUP PORT CAME FROM DECREASED INVENTORY OF OLD CROP SOFT RED WINTER WHEAT. POTENTIAL FOR A BUMPER WINTER WHEAT CROP ADDED PRESSURE TO PRICES. KANSAS FARM BUREAU FORECAST THE KANSAS WHEAT CROP AT 481 MILLION BUSHELS TODAY. A RECORD FIGURE FOR THAT STATE. CORN PRICES FARED WELL IN THE FOOD AH) BREAKDOWN BUT DRIER WEATHER FORECAST FOR MID WEST AND LACK OF NEW EXPORT INTERESTS LIMITED GAINS IN PRICES. MODERATE INCREASES IN SOYBEAN PRICES ALSO DUE TO RELEASED AID DETAILS AND GOOD AMOUNT OF SOYMBAL INCLUDED. INDICATIONS THAT CHINA SEEK ING ABOUT 30,000 TONNES U.S. SOY BEANS ALSO A PLUS FOR BEAN PRICES. EXPORT NEWS: USDA PROVIDED DETAILS ON THE FOOD AID PACK It’s TRUE! There’s still time for you to put those idle acres into buckwheat. Phone, write or stop in for full details on our guaranteed price agreement. PORMAN'S GRAIN Beaver Run Road, R.D. 1 - Box 78, Turbotville, PA 17772 717-649-5579 S.P. SCATTERGOOD & COMPANY P.O. Box 248, Narberth, PA 19072 215-664-0350 800-362-7817 - AGfrFOR RUSSIA; THB-SOO MILLION U A DOLLAR COMMODITY PORTION WILL COMPRISE 433.5 MILLION IN CREDITS TO RUSSIA AND 66.5 MIL LION IN DONATIONS. THE PACKAGE CONSISTS OF 227,5 MILLION DOL LARS FOR CORN; 105 MILLION FOR SOYMBAL; 66.5 MILLION FOR BUT TER; 56 FOR WHEAT (12 MILLION IN DONATIONS; S MILLION FOR SUGAR AND 40 MILLION FOR HIGH- VALUE PRODUCTS LIKE VEGETABLE OIL. PEANUTS. POULTRY AND RICE. SUB-SAHARAN AFRICA BOUGHT 8,000 TONNES U.S. HARD RED WINT ER WHEAT UNDER BEP FOR MAY SHIPMENT. USDA ACCEPTED A BID TO SELL 5,000 TONNES S UNOIL TO MEXICO UNDER THE SUN FLOWBRSEBD OIL ASSISTANCE PROGRAM FOR JUNE SHIPMENT. DATE CHANGE YEAR AGO TRUCK BIDS: 05/05/93 05/04/93 05/06/92 WHEAT: KANSAS CITY 3.27-3.31 UP 3-6 3.92-3.93 MINNEAPOLIS TRUCK BID 3.59 1/4 UP 1/4 4.43 PORTLAND 3.41-3.44 DN 6-4 4.42-4.44 ST. LOUIS NEW CROP BID 2.89-2.92 UP I 3.66-3.69 CORN, U.S. NO. 2 YELLOW: KAN SAS ary 2.27-249 nc 2.60-2.63 Min neapolis 2.23 1/4 UP 1/4 2.53 so. lOWA 2.29-2.31 NC-DN 2 2.58-2.62 OMAHA 2.17-2.22 DN 1-UP I 2.47-2.48 SOYBEANS, NO. 1 YELLOW: KAN SAS CTTY 5.91-5.93 UP 7-5 5.97-5.99 MINNEAPOLIS 5.82 1/2 UP 3 1/4 5.88 SO. lOWA 5.89-5.94 UP 5-4 5.92-5.96 C. ILL. PROCESSORS 5.95 1/2-6.03 UP 4 1/4-3 1/4 5.96-6.07 •TRUCK BIDS FOR KANSAS CITY, US NO. 1 HARD RED WINTER WHEAT, ORDINARY PROTEIN. MINNEAPO LIS, US NO. 1 DARK NORTHERN SPRING WHEAT. 14% PROTEIN. KIRKWOOD HAY AUCTION Hay, Straw and Grain Auction EVERY TUESDAY 11:00 Located Rt. 472 S milao