National
Grain Market
St. Joaeph, Mo.
Wednadijr, Auguit 25, 1993
daily national grain
SUMMARY DULL EXPORT BUSINESS
AND PREDICTIONS OF BUMPER
CANADIAN CROPS MADE FOR
DECLINES IN U.S. GRAIN AND SOY
BEAN TRADE. WHEAT ONE TO FOUR
CENTS LOWER, ST. LOUIS DOWN
SEVEN CENTS. CORN STEADY TO
TWO CENTS LOWER. SORGHUM
TWO TO POUR CENTS LOWER. SOY
BEANS ONE CENT LOWER. FINALLY
EXPORT SALES POSTED TODAY.
although list rather long
tonnage not too great and
VERY POOR FOR THE WEEK. CORN
AND SOYBEAN ORDERS NHL. ESTI
MATED BUMPER CROP FOR CANA
DA SUBJECT TO EARLY FROST.
FORECAST OF POSSIBLE FROST IN
SOME SECTIONS OF CANADA THIS
WEEKEND. SCORCHING TEMPERA
TURES OVER A LARGE PART OF THE
UNITED STATES FURTHER DEPLET
ING MOISTURE SUPPLY IN THE
DROUGHT AREAS. EVEN FLOODED
AREAS OF MIDWEST AND WESTERN
CORNBELT WOULD NOT MIND SEE
ING A GOOD LITTLE SHOWER.
EXPORT BUSINESS NOT TOO
BRIGHT AND CONCERNS OF TRANS
PORTATION A PROBLEM. BARGE
AND RAIL TRAFFIC STILL NOT
BACK TO NORMAL AND WAY
BEHING SCHEDULE. WINTER
FREEZE NOT TOO FAR IN THE
FUTURE AND ANY KIND OF NOR
MAL CROP THIS FALL COULD REAL
LY CAUSE A DILEMMA. LOTS OF
WORK NEEDS TO BE DONE BEFORE
WINTER SETS IN. LEVEES NEED TO
BE FIXED, RAILBEDS REPAIRED,
AND MOVE A LOT OF BACKED UP
TRAFFIC.
EXPORT NEWS: JAPAN BOUGHT A
TOTAL OF 56.141 TONNES OF
WHEAT; 19,047 TONNES OF SEMI
HARD RED WINTER WHEAT; 10,000
TONNES OF WESTERN WHITE
WHEAT AND 9,047 TONNES OF HARD
RED WINTER WHEAT, IN A TENDER
FOR OCTOBER SHIPMENT. U.S.D.A
ACCEPTED A BID TO SELL 8,000
TONNES OP NORTHERN/DARK
NORHTERN SPRING WHEAT AND
2,000 TONNES OF WESTERN WHITE
WHEAT TO THE PHILIPPINES UNDER
THE EXPORT ENHANCEMENT PROG
RAM; SHIPMENT SCHEDULED FOR
SEPTEMBER. THE U.S.D.A
ACCEPTED A BID TO SELL 30,000
TONNES OF HARD RED WINTER
WHEAT TO EGYPT, UNDER THE
BJJ.P. SHIPMENT SCHEDULED FOR
SEP/OCT. U.S.D.A. ISSUED A FISCAL
1993 PL4BO TITLE I PURCHASE
AUTHORIZATION TO GUATEMALA
TO BUY ABOUT 110,000 TONNES OF
U.S. WHEAT; SHIPMENT SCHE
DULED FOR AUG//DEC. U.S.D.A.
ACCEPTED BIDS FROM PRIVATE
EXPORTERS TO SELL 40,000 TONNES
OF HARD RED WINTER WHEAT AND
5,900 TONNES OF NORTHER N//DARK
NORTHERN SPRING WHEAT TO
SUSAHARAN AFRICAN COUNTRIES.
UNDER THE E.E.P; SHIP- MENT
Lancaster Farming. Saturday. August 28,1993-Al7
SCHEDULED FOR SEP/OCT. U.S.D.A.
ACCEPTED A BID TO SELL 18,000
TONNES OF BARLEY TO CYPRUS
UNDER THE E.BJ.; SHIPMENT SCHE
DULED FOR SEPTEMBER.
DATE CHANGE YEAR AGO TRUCK
BIDS: 08/25/93 08/24/93 08/26/92
WHEAT: KANSAS CITY 3.22-3.24 DN 3
3.31-3.32 MINNEAPOLIS TRUCK BID
4.13 3/4 DN 1/2 3.53 PORTLAND
3.45-3.48 DN 4-2 4.10-4.15 ST. LOUIS
NEW CROP BID 2.88-2.91 DN 7
3.09-3.15.
CORN, U.S. NO. 2 YELLOW: KAN
SAS CITY 2.40-2.41 NC 2.31-233 MIN
NEAPOLIS 2.18 3/4 DN 1/2 2.23 1/2 SO.
lOWA AUGUST 2.27-2.31 DN 2-1
231-233 OMAHA 2.27-2.30 DN 1-NC
214-218.
SOYBEANS, NO. 1 YELLOW: KAN
SAS CITY 6.81 DN 1 5.57-5.60 MIN
NEAPOLIS 6.56 UP 1 1/2 5.59 3/4 SO.
lOWA AUGUST 6.60-6.65 DN 1
5.66-5.69 C. ILL. PROCESSORS
6.61-6,96 DN 1 1/2-1/2 5.69 3/4-5.52 3/4.
♦TRUCK BIDS FOR KANSAS CITY,
US NO. 1 HARD RED WINTER
WHEAT. ORDINARY PROTEIN. MIN
NEAPOLIS, US NO. I 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
(SEPT) WHEAT 3.10 DN 2 1/2 3.19 1/4
MINNEAPOLIS (SEPT) WHEAT 3.23
1/4 UP 1/2 3.23 CHICAGO (SEPT)
WHEAT 3.05 1/4 DN 4 3.19 1/4 (SEPT)
CORN 2.32 3/4 DN 1/2 2.
24 1/2 (DEC) CORN 2.43 3/4 DN 1/2 2.23
3/4 (NOV) SOYBEANS 6.71 DN 1/2 5.52
3/4.
EXPORT: BARGE OR RAIL, PORT
OF NEW ORLEANS OR NORTH TEX
AS GULF. NO. 1 HARD RED WINTER
WHEAT ORDINARY PROTEIN
3.55-3.56 DN 21/2 3.61 1/4-3.62 1/4 N 0.2
SOFT RED WINTER WHEAT 3.20-3.20
1/4 DN 4-5 3.30 1/4 N 0.2 YELLOW
CORN 2.57-2.58 1/4 UP 1-1 1/4 2.54 1/2
N 0.2 YELLOW SORGHUM RAIL 4.50
NC BARGE 4.50 DN 4 4.32 4.35 N 0.2
YELLOW SOYBEANS 6.91-7.01 DN
8-UP 1 1/2 5.91 3/4.
THIS REPORT IS A SERVICE OF U.S.
DEPARTMENT OF AGRICULTURE,
LIVESTOCK AND GRAIN MARKET
NEWS, ST. JOSEPH. MISSOURI.