-- » Natioiiai ■. , x y Grain Market St Joicph, Mo. Wednesday, October 27, 1993 DAILY NATIONAL GRAIN SUMMARY WHEAT PRICES WERE PUSHED LOWER, WEDNESDAY, ON LIGHTER EXPORT SALES AND ACTIVE WHEAT PLANTING; CORN PRICES EXTENDED LOSSES DUE TO HARVEST PRESSURE AND LACK OF EXPORT NEWS; SOYBEAN PRICES TURNED HIGHER IN REACTION TO CRUSH REPORT AND LOWER SOY OIL INVENTORY ESTIMATE. WHEAT 2 TO 6 CENTS LOWER. CORN UNCHANGED TO 1 CENT LOWER. SORGHUM 1 TO 3 CENTS LOWER. SOYBEANS 1 TO 5 CENTS HIGHER. WINTER WHEAT SEEDING IS UNDERWAY AND CROP CONDITION REPORTS ARE GOOD. EX- PORT DEMAND HAS BEEN GOOD THIS WEEK BUT VOLUME OF SALES HAS SLOWED DOWN IN MID-WEEK. SPIL LOVER WEAKNESS FROM CORN PITS ADDED TO WHEAT PRICES DECLINES. CORN PRICES SLIPPED LOWER AGAIN, PRESSURED BY ACTIVE HARVESTING AS MIDWEST WEATHER HAS BEEN FAVORABLE TO FARMERS. THERE IS STILL PLEN TY OF CORN TO BE HARVESTED AND THE WEATHER OUTLOOK IS FOR COOLER TEMPERATURES WITH THE POSSIBIL- ITY OF RAIN. THIS WEEK’S CRUSH REPORT FROM THE CENSUS BUREAU FORECAST LOW ER SOYOIL INVENTORIES THAN EXPECTED. LIGHT FARMER SELL ING OUT OF HELDS STRENGTH ENED BEAN PRICES. BEAN HARVEST COMPLETED IN SOME AREAS AND IN FULL SWING WHILE WEATHER PERMITS IN OTHER AREAS. Buy 3 bags of Agway Milk Replacer to help them grow up fast. Now you can give your calves every drop of liquid nutrition they need-plus a head start toward getting off milk altogether. Just buy three bags of any brand of Agway Milk Replacer, and you’ll get one bag of Agway Calf Starter or Pre-Starter absolutely free. Agway Milk Replacers have all the milk protein ingredients calves need while mom stays in the milking string. And Agway Calf Starter and Pre-Starter have the palatability and nutrients that help calves wean earlier. It’s a great (mwy) combination and a great deal. So stop by your local Agway store today. Or contact your Agway Feed Sales Specialist. Offer expires November 15,1993. © 1993 Agw»y Inc And get one free bag of Agway Calf Starter to help them grow up faster. ( "EXPORT NEWS: DSDX~AC(JU*IHU ~SO.*I©WA -WA-2.46-HP- i -fc9W>.97, A BID TO SELL 12,000 TONNES OMAHA 2.43-2.49 NC 1.9U.95. WHEAT FLOUR TO EGYPT UNDER SOYBEANS, NO. 1 YELLOW: KAN EEP. FOR OCT/DBC SHIPMENT. USDA SAS CITY 6.14-6.1$ UP 5-2 5.26-5.28 ACCEPTED BIDS TO SELL 24,000 MINNEAPOLIS 6.05 3/4 UP 1/2 5.22 SO. TONNES NORTHERN/ DARK NORTH- I<> W A 6.07-6.14 UP 1-2 5.17-5.23 C. ILL. ERN SPRING WHEAT AND 1,350 TON- PROCESSORS 6.07 3/4-6.18 3/4 DN 1 NES HARD RED WINTER WHEAT TO 1/2-UP 1/2 5.20-5.43. SUB- SAHARAN AFRICAN COUN- *TRUCK BIDS FOR KANSAS CITY, TRIES UNDER EBP FOR OCT/JAN US NO. 1 HARD SHIPMENT. USDA ACCEPTED A BID WHEAT. ORDINARY MIN TO SELL 31,400 TONNES HARD RED NEAPOLIS, US NO. 1 DARK NORTH WINTER WHEAT TO EGYPT UNDER ERN SPRING WHEAT, 14* PROTEIN. EEP FOR NOV. USDA ACCEPTED PORTLAND. NO. 1 SOFT WHITE THREE BIDS TO SRI 1 2,700 TONNES WHEAT, ST. LOUIS, NO. 2 SOFT RED HARD RED WINTER WHEAT. 2.700 WINTER WHEAT. TONNES NORTHERN/DARK NORTH ERN SPRING WHEAT AND 2,200 TON NES HARD RED WINTER WHEAT TO MEXICO UNDER EBP FOR NOVEM BER. USDA ACCEPTED A BID TO SELL 22,800 TONNES SOFT RED WINTER WHEAT TO SLOVENIA UNDER EEP FOR NOVEMBER SHIP MENT. USDA ACCEPTED A BID TO SELL 50,000 TONNES HARD RED WINTER WHEAT TO TUNISIA. UNDER EEP. FOR JANUARY. USDA ACCEPTED A BID TO SELL 5,000 TONNES BARLEY MALT TO HON DURAS UNDER THE EXPORT ENHANCEMENT PROGRAM FOR 1994 SHIPMENT. USDA ACCEPTED A BID TO SELL 500 TONNES OF COT TONSEED OIL TO MEXICO UNDER THE COTTONSEED OE- ASSISTANCE PROGRAM FOR NOV/JAN SHIPMENT. DATE CHANGE YEAR AGO TRUCK BIDS: 10/27/93 10/26/93 10/28/92 WHEAT: KANSAS CITY 3.46-3,50 DN 4-NC 3.44-3.46 MINNEAPOLIS TRUCK BID 5.02 1/2 DN 6 3.72 1/4 PORTLAND 3.38-3.42 DN 3-2 4.32-4.33 ST. LOUIS 2.97-3.07 NC-UP 1 3.31-3,34. CORN, U.S. NO. 2 YELLOW: KAN SAS CITY 2.55-2.58 DN 1-NC 1.99-2.01 MINNEAPOLIS 2.40 3/4 ON 1 1/4 1.95 Diffcnbach Auction Center New Holland, Pa. Monday, October. 2s, 1993 Report Supplied by Auction TOTAL LOADS: 102. ALFALFA; 90.00-170.00. MIXED HAY; 90.00-180.00. TIMOTHY: 95.00-160.00. BROMECRASS; 9200. ORCHARD GRASS: 85.00-135.00. STRAW; 87.00-135.00. EAR CORN: 65.00-99.00. OATS: 2.35. RYE: 4.25-20.00. Pa. Grain Monday, October 25, 1993 Report supplied by PDA COMPARED WITH THE MARKET POR OCTOBER 4. 1993 FOR SOUTH EASTERN. CENTRAL. AND SOUTH CENTRAL PA: CORN & BARLEY STEADY TO .10 HIGHER; WHEAT STEADY TO .15 HIGHER; OATS UNEVENLY STEADY: SOYBEANS DfttMMnFwrolng. SRfcufry, 4*3ob«f-30. ias3-AS MOSTLY STEADY TO .10 HIGHER; OLD EAR CORN STEADY TO STRONG: NEW BAR CORN LITTLE ON THE MARKET PRICES NOT FUL LY ESTABLISHED. SOUTHEASTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2 63-2.88, AVERAGE 2.74; ©WHEAT NO. 2 RANGE 3.00-3.50, AVERAGE 3.29, CONTRACT FOR HARVEST 2.95-3.12; BARLEY NO. 3 RANGE 1.80-2.00, FEW REPORTED 1.60, AVERAGE 1.85, CONTRACT FOR HARVEST 1.70-1.80; OATS NO. 2 RANGE 1.40-1.70, AVER AGE 1.57; SOYBEANS NO. 1 RANGE 5.98-6.09, AVERAGE 6.03; FEW REPORTED GR. SORGHUM #2 RANGE 2.45, AVERAGE Z 45; OLD EAR CORN RANGE 70.00-85.00, AVERAGE 75.64; FEW REPORTED NEW EAR CORN RANGE FEW REPORTED 53.00-70.00, AVERAGE 60.57. SOUTH CENTRAL PENNSYLVANIA CORN NO, 2-Y RANGE 2.50-2.80, AVERAGE 2.64; ©WHEAT NO. 2 RANGE 2.85-3.10, AVERAGE 3.02; BARLEY NO. 3 RANGE 1.65-1.80, AVERAGE 1.70; OATS NO. 2 RANGE 1.35-1.80, AVERAGE 1.57; SOYBEANS NO. 1 RANGE 5.85-6.05, AVERAGE 5.93; EAR CORN RANGE 55.00-72.00; AVERAGE 63.43; FEW REPORTED NEW EAR CORN RANGE FEW REPORTED 37.00-60.00, AVERAGE 48.50. SOUTHEASTERN, CENTRAL & SOUTH CENTRAL SUMMARY CORN NO. 2-Y RANGE 2.60-2.88, AVERAGE 2.71; ©WHEAT NO. 2 RANGE 2.80-3.50; AVERAGE 3.13; BARLEY NO. 3 RANGE 1.60-2.00, AVERAGE 1.79; OATS NO. 2 RANGE 1.35-1.70, AVERAGE 1.56; SOYBEANS NO. 1 RANGE S.BO-6.09, AVERAGE 5.99; EAR CORN RANGE 55.00-85.00, AVERAGE 70.96; FEW REPORTED NEW EAR CORN FEW REPORTED RANGE 51.00-70.00, AVERAGE 57.33. CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 2.60-2.85, AVERAGE 2.70; ©WHEAT NO. 2 RANGE 2.80-3.35, AVERAGE 2.95; BARLEY NO. 3 RANGE 1.60-2.00, AVERAGE 1.76; OATS NO. 2 RANGE 1.40-1.70, AVERAGE 1.55; SOYBEANS NO. 1 RANGE 5.70-6.00, FEW Reported ms. average 5.93 : few REPORTED PER HUNDREDWEIGHT RECLEANED 15% BUCKWHEAT RANGE .9.00, AVERAGE 9.00; EAR CORN RANGE 60.00-75.00; AVERAGE 69.14; FEW REPORTED NEW EAR CORN RANGE 51.00-60.00, AVERAGE 55.67, WESTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.20-2 64, AVERAGE 2.47; ©WHEAT NO. 2 RANGE 2.90-3.00, AVERAGE 2.97; BARLEY NO. 3 RANGE 1.65-1.71, AVERAGE 1.68; OATS NO. 2 RANGE 1.10-1.85, AVERAGE 1.45; SOYBEANS NO. 1. RANGE 5.71-5.75, AVERAGE 5.73; FEW REPORTED PER HUN DREDWEIGHT RECLEANED 15% BUCKWHEAT RANGE 8.20, AVER AGE 8.20; OLD EAR CORN RANGE SS.OO-60.00, AVERAGE 57.50. MONTH AGO CORN NO. 2-Y 2.65; ©WHEAT NO. 2 2.99; BARLEY NO. 3 1.73; OATS NO 2 1.50; SOYBEANS NO. 1 6 47; EAR CORN 71.00 CORN NO. 2-Y 2 30, ©WHEAT NO. 2 3.13; BARLEY NO. 3 1.74; OATS NO. 2 1.46; SOYBEANS NO. 1 5.18; EAR CORN 70.95; FEW REPORTED NEW EAR CORN 50.00. Kutztown Produce Auction Hay Auction Report Supplied by Auction Saturday, October 23, 1993 TOTAL LOADS: 17. ALFALFA HAY: 90.00-100.00. MIXED HAY: 76.00-110.00. FIREWOOD: 30.00-55.00 LOAD. OATS: 2.70 BU WHAT’S AHEAD FOR CORN fit SOYBEAN • We Deal In Futures And Options • Our Only Business Is Commodity Futures And Options • Same Location And Principals For Over 20 Years • When Buying options, your risk is limited to the loss ol the premium paid plus all transaction cost. Buying futures and options have inherent risk and should bo done only with risk capital. FOR INFORMATION-LITERATURE.. CHARTS... PLEASE CALL 215-821-8111 800-543-8939 LEHIGH VALLEY FUfURES INC. Suits lit, 2200 Hamilton St., Allentown, PA 11104 Tba rbk pi low In trading lulura* and option* on Mura* can ba (übdintlaL Futuia* and option* trading may not ba wlnHa for avatyona. You «houM caratuty comldar tha rlaks In Kgl* ol your financial condition In daddlng whWhar to trade. R9lf* THEf iiScoular C»Q*M«P*A , N*Y Grain Division OPERATING ATLAS GRAIN FACILITY NORTHAMPTON, PA BUYING AND SELLING SOFT RED AND WHITE WHEAT Picked Up and Delivered Bids Available Prices Quoted for Spot or Future Delivery Prompt Payment WE WANT TO BUY YOUR WHEAT ASK FOR BILL KRUEGER (800) 487-1474 OR LARRY WHEELER (215) 261-0905 YEAR AGO