National Grain Market St. Joeeph, Mo. Wednodijr, December 15,1993 DAILY NATIONAL GRAIN SUMMARY GRAIN AND SOYBEAN PRICES CONTINUED TO YO-YQ, WEDNESDAY. FINISHING SLIGHTLY LOWER IN A CORRECTIONAL DIRECTION, DESPITE ACTIVE EXPORT DEMAND FOR ALL COM MODITIES. WHEAT MOSTLY UNCHANGED TO 1 CENT LOWER WITH MINNEAPOLIS 10 CENTS LOW ER. CORN MOSTLY UNCHANGED. SORGHUM UNCHANGED TO 2 CENTS LOWER. SOYBEANS 1 CENT LOWER. UNEASINESS IN THE GLOB AL TRADE OUTLOOK. GATT TALKS ARE REPORTED TO BE MAKING PROGRESS BUT KIND OF CONCES SIONS MADE BY ALL PARTIES NOT YET FULLY UNDERSTOOD. OUT COME OF RUSSIAN ELECTION AND CONTINUED POLITICAL UPHEAVEL NOT CONSIDERED TO BE OF BEST INTEREST FOR U.S. EXPORTS. ON DOMESTIC FRONT, AMOUNT OF CORN TO BE USED IN ETHANOL ENERGY PRODUCTION ENCOURAG ING TO PRODUCERS BUT THIS YET TO BE SEEN AND HOW FAR OUT IN THE FUTURE IS INCREASED USAGE? GRAIN AND SOYBEAN PRICES ALREADY AT A RELATIVELY HIGH LEVEL AND FARMERS CONCERNED ABOUT INCREAS- INO PRODUCTION AND STILL ACHIEVE THESE RETURNS. NEW CONTRACT HIGHS FOR WHEAT WERE TEMPERED ON NEWS USDA REJECTED THE SUB STANTIAL EXPORT ORDER FROM THE PHILIPPINES. There's a better way. We can plow through your toughest tax problems. Farm Credit offers 3 types of record-keeping services. And a tax preparation service. Farm Credit. Tax planning, tax strategies, tax preparation. The best way. Call the Agricultural Credit Association near you! Keystone: 1-800-477-9947 Penn West: 1-800-998-5557 EXPORT NEWS: THE USDA ACCEPTED ONE BID TO SELL 49,700 TONNES HARD RED WINTER WHEAT TO JORDAN UNDER EBP FOR JANU ARY SHIPMENT. THE USDA HAS ACCEPTED ONE BID TO sun. 12,300 TONNES SOFT WHITE WHEAT AND 12.500 TONNES HARD RED WINTER WHEAT TO BAHRAIN AND KUWAIT UNDER EEP FOR FEBRUARY SHIP MENT. JAPAN BOUGHT 19,047 TON NES U.S. HIGH-PROTEIN WHEAT FOR FEB SHIPMENT. THE USDA HAS ACCEPTED ONE BID TO SELL 23,000 TONNES BARLEY TO ALGERIA UNDER EEP FOR JANUARY SHIP MENT. THE USDA HAS REPORTED ALGERIA BOUGHT 100,000 TONNES U.S. CORN FOR 93/94 MARKETING YEAR. TAIWAN BOUGHT 23,000 TONNES U.S. NO. 2 YELLOW CORN FOR JAN/FEB SHIPMENT. THE USDA ACCEPTED THREE BIDS TO SELL 14,000 TONNES SUNOIL TO MEXICO UNDER THE SUNFLOWERSEED OIL ASSISTANCE PROGRAM FOR FEB/ MAY SHIPMENT. THE USDA ACCEPTED ONE BID TO SELL 2,500 TONNES SOYOIL TO TURKEY UNDER EEP FOR FEB/ MARCH SHIPMENT. DATE CHANGE YEAR AGO TRUCK BIDS: 12/15/93 12/14/93 12/16/92 WHEAT: KANSAS CITY 4.03-4.05 DN 1 3.73-3.75 MINNEAPOLIS TRUCK BID MAR 5.03 1/4 DN 10 3/4 3.82 3/4 PORT LAND 3.58-3.61 DN 1-NC 4.15-4.20 ST. LOUIS 3.56-3.59 UP 1-NC 3.74-3.75. CORN. U.S. NO. 2 YELLOW; KAN SAS CITY 2.96-2.97 NC 2.16-2.19 MIN NEAPOLIS 2.72 1/2 NC 2.04 3/4 SO. lOWA 2.93-2.97 NC-UP 1 212-2.13 OMAHA 2.80 NC-DN 1 1.99-2.02. SOYBEANS, NO. I YELLOW: KAN- Plowing through your records... to prepare your taxes? PARMCREDTPOt Nobcxiykvowsthcfieldbettcr. Northeastern: 1-800-326-9507 York: 1-800-503-8957 SAS CITY 6.15-6.86 DN 1 3.65-5.66 KANSAS CITY 13/14 ••6.16-6.17 MIN NEAPOLIS 6.611/4 DN 1/2 S.4S 3/4 SO. lOWA 6.88-6.93 NC-DN 1 S.S9-3.66 C. ILL PROCESSORS 6.(61/4-6.911/4 DN 1/2 3.66 3/4-9.77 3/4. •TRUCK BIDS FOR KANSAS CITY, US NO. 1 HARD RED WINTER WHEAT, ORDINARY PROTEIN. MIN NEAPOLIS, 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 3.74 3/4 DN 1 3.51 MIN NEAPOLIS (MAR) WHEAT 3.93 1/4 DN 3/4 3.37 3/4 CHICAGO (DEC) WHEAT 3.66 1/4 DN 1 1/4 3.58 1/4 (MAR) CORN 2.93 1/2 NC 2.21 3/4 (JAN) SOYBEANS 6.80 1/4 DN 1/2 5.69 3/4 JAN BEANS 12/14 **6.80 3/4. EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 4.32 3/4 DN 1-2 4.02-4.04 NO. 2 SOFT RED WINTER WHEAT 3.82-3.83 1/4 DN 1 1/2-1 1/4 3.99-4.00 NO. 2 YELLOW CORN 3.03 1/2-3.071/2 DN 1-3140-2.41 NO. 2 YELLOW SORGHUM RAIL 5.37 NC BARGE 5.35 DN 2 4.37-4.37 NO. 2 YELLOW SOYBEANS 7.10 3/4-7.12 NC 5.98-5.981/4 12/14 **7.10 3/4-7.12 BIRD THIS REPORT A SERVICE OF U.S. DEPARTMENT OF AGRICULTURE. LIVESTOCK AND GRAIN MARKET NEWS, ST. JOSEPH. MISSOURI. Pa. Grain Monday, December 13,1993 Report (applied by PDA COMPARED WITH THE MARKET FOR LAST MONDAY, FOR SOUTH- Ib3^[ EASTERN, CENTRAL, AND SOUTH CENTRAL PA; CORN STEADY TO .04 HIGHER; WHEAT AND SOYBEANS STEADY TO .05 HIGHER; BARLEY STEADY TO .07 HIGHER; OATS STEADY TO .02 HIGHER; NEW EAR CORN STEADY TO 3.00 HIGHER. SOUTHEASTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.90-3.30, AVERAGE 3.18; @WHEAT NO. 2 RANGE 3.30-3.96, AVERAGE 3.70, CONTRACT FOR HARVEST 3.08-3.33; BARLEY NO. 3 RANGE 2.10-2.55, AVERAGE 2.30, CONTRACT FOR HARVEST 1.90-100; OATS NO. 2 RANGE 1.50-1.80, AVERAGE 1.66; SOYBEANS NO. 1 RANGE 6.40-6.68, AVERAGE 6.60; FEW REPORTED GR. SORGHUM #2 RANGE 168, AVERAGE 2.70; FEW REPORTED NEW EAR CORN RANGE 72.00-90.00, AVERAGE 80.07. SOUTH CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 2.95-3.25, AVERAGE 3.11; ©WHEAT NO. 2 RANGE 2.85-3.80, AVERAGE 3.33; BARLEY NO. 3 RANGE 1.70-2.35, AVERAGE 105; OATS NO. 2 RANGE 1.55-1.80, AVERAGE 1.68; SOYBEANS NO. 1 RANGE 6.35-6.60, FEW REPORTED 6.10, AVERAGE 6.42; FEW REPORTED OLD EAR CORN RANGE 65.00- AVERAGE 73.33; FEW REPORTED NEW EAR CORN RANGE 60.00- FEW REPORTED 85.00, AVERAGE 7129. SOUTHEASTERN, CENTRAL & SOUTH CENTRAL SUMMARY CORN NO. 2-Y RANGE 2.60-3.30, AVERAGE 3.12; ©WHEAT NO. 2 RANGE 2.90-3.96; AVERAGE 3.50; BARLEY NO. 3 RANGE 1.70-2.55, AVERAGE 2.17; OATS NO. 2 RANGE 1.50-1.90, AVERAGE 1.68; SOYBEANS NO. 1 RANGE 6.20-6.68, AVERAGE 6.51; FEW REPORTED NEW EAR CORN RANGE 60.00-90.00, AVERAGE 75.04. CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 2.80-3.25, AVERAGE 3.04; ©WHEAT NO. 2 RANGE 2.90-3.64, FEW REPORTED 3.90, AVERAGE 3.31; BARLEY NO. 3 RANGE 2.00-2.35, FEW REPORTED 1.70, AVERAGE 2.12; OATS NO. 2 RANGE 1.50-1.90, AVERAGE 1.69; SOYBEANS NO. 1 RANGE 6.20-6.55, AVERAGE 6.38; FEW REPORTED OLD EAR CORN RANGE 70.00-73.00; AVERAGE 70.75; FEW REPORTED NEW EAR CORN RANGE 57.00-78.00, AVERAGE 66.50. WESTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.50-3.10, AVERAGE 2.76; ©WHEAT NO. 2 RANGE 3.25-3.55, AVERAGE 3.39; BARLEY NO. 3 RANGE 2.05-2.20, AVERAGE 2.13; OATS NO. 2 RANGE 1.10-1.90, MOSTLY 1.40-1.65, AVER AGE 1.54; SOYBEANS NO. 1. RANGE 6.17-6.45, AVERAGE 6.31; FEW REPORTED PER HUNDREDWEIGHT &/7]Diffenbach 100 Wml Jackson Slraat • Box 186 • New Holland, Psnnaylvanla 17557 Office: (717) 355-7253 • FAX: (717) 355-9547 HAY & GRAIN SALE EVERY MONDAY - 10:00 A.M. MON. JAN. S WHOLESALE FURNITURE 6:30 P.M. ~~ WED. JAN. 5 WINROSS 4 TOYS 6:30 P.M. FRI. JAN. 14 FARM EQUIP. TRACTORS & 9:00 A.M. SUPPLIES EQUIPPED FOR AN AUCTION AT YOUR PLACE OR OURS ALAN DIFFENBACH AUCT. ■ AU2258-L BOVDFFL FARMS 302 lona Road. Lebanon. PA 17042 Phone; 717-272-8943 DISTRIBUTORS FOR: SILO QUEEN • 2525 - 117 Day LAST YEAR'S PRICE LESS $lO.OO Unc-Hf Fuming, smutty. Otombm it, IM*AS RECLBANED 15% BUCKWHEAT RANGE 1.30, AVERAGE 8.30; FEW REPORTED OLD EAR CORN RANGE 60.00-61.00, AVERAGE 60.50. CORN NO. 2-Y 2.95; ©WHEAT NO. 2 3.25; BARLEY NO. 3 1.96; OATS NO. 2 1.62; SOYBEANS NO. 1 6.39; FEW REPORTED NEW EAR CORN 62.25. CORN NO. 2-Y 2.24; ©WHEAT NO. 2 3.43; BARLEY NO. 3 1.75; OATS NO. 2 1.49; SOYBEANS NO. 1 5.40; FEW REPORTED NEW EAR CORN 52.17. Diffenbach Auction Center New Holland, Pa. Monday, December 13, 1993 Report Supplied by Auction TOTAL LOADS: 146. ALFALFA: 60.00-170.00. MIXED HAY: 60.00-167.00. TIMOTHY: 90.00-155.00. CLOVER; 115.00. ORCHARD GRASS: 77.00-110.00. STRAW: 57.00-137.00. EAR CORN: 90.00-98.00. Keister’s Hay Middlcburg, PA December 14, 1993 Report supplied by auction 58 LOADS. 37 LOADS OF HAY. ALFALFA: 125.00-170.00. MIXED HAY: 85.00-140.00. TIMOTHY: 100.00-120.00. STRAW: 5 LOADS, 120.00-150.00. EAR CORN: 8 LOADS, OLD 80.00100.00, NEW 65.0075.00. OATS: 2.302.50 BU. FIREPLACE WOOD: 40.00-52.50 LOAD. rv> Agri & North Coast 8836 354,284 9139 Shore and 9329 The All New 374 9434 $12.95 paid by Dec. 27,1993 Also Avail. Resnick & Pella ALL NEW 94MPR 84VWAP, wetfoot, Erie $l5O per bag Buy 5 - get one FREE Clover $59.95 per 50 Climax Timothy $29.95 per 50 OATS Noble Porter Ogle Hercules Baler Twine - $19.00 Fertiliser - $160.00 a Ton 10-90-20 Paid by Dec. 27, 1993 MONTH AGO YEAR AGO Vintage Hay Paradise, PA Thun, December 16, 1993 Report Supplied by Auction 18 LOADS. ALFALFA; 92.50-131.00. MIXED HAY: 68.00-107.50. GRASS; 84.00-120.00. STRAW; 88.00-110.00. CORN FODDER: 60.00. SALE TIME 1 P.M. Good’s Hay Leola, Pa. Wed, December 15, 1993 Report Supplied by Auction TOTAL LOADS; 57. MIXED HAY: 71.00-155.00. TIMOTHY: 104.00-150.00. STRAW: 110.00-145.00. ALFALFA: 71.00-130.00. GRASS: 82.00-112.00. CORN; 92.00-114.00. CLOVER: 87.00-95.00. >YBEANS ALFALFA