National Grain Market St. Joseph, Mo. Wednesday, February 23, 1994 DAILY NATIONAL GRAIN SUMMARY WHEAT AND CORN PRICES FELL SLIGHTLY LOWER, WEDNESDAY. PRESSURED BY LACK OF GOOD EXPORT DEMAND AND PROFIT TAKING ON THE BOARD. SOYBEAN PRICES CONTINUED TO CLIMB ON SPILLOVER STRENGTH FROM TUESDAY AND LIGHT EXPORT SUPPORT. WHEAT 1 TO 15 CENTS LOWER EXCEPT PORTLAND 4 CENTS HIGHER. CORN 1 TO 2 CENTS LOWER. SORGHUM 1 TO 2 CENTS LOWER. SOYBEANS 2 TO 4 CENTS HIGHER. FOREIGN SALES CONTINUE LOW FOR WHEAT THIS WEEK. RECENT SNOWFALL IN WINTER WHEAT AREAS ADDED BENEFICIAL PROTECTION TO CROP ALSO WEIGHED ON WHEAT PRICES. LIGHT EXPORT SALES OF WHITE WHEAT. LIMITED PRICE DECLINES CORN PRICES FOLI OWED WHEAT LOWER AS BUYERS BECAME SELL ERS. THE LACK OF NEW EXPORT DEMAND THIS WEEK ADDED PRES SURE TO CORN PRICES. RECENT ADVANCES WERE EXTENDED IN SOYBEAN PITS TODAY STRENGTH ENED BY A DECENT WEEKLY EXPORT INSPECTION REPORT YES TERDAY AND TAIWAN’S PURCH ASE. INDICATIONS CHINA TO PURCHASE 60,000 TONNES U.S. SOY BEANS WAS ALSO A PLUS FACTOR. EXPORT NEWS: JAPAN BOUGHT 19,047 TONNES DARK NORTHERN SPRING WHEAT, 38,094 TONNES WESTERN WHITE AND 19.047 TON NES DURUM FOR APRIL SHIPMENT. USDA ACCEPTED BIDS TO SELL 200.000 TONNES BARLEY TO SAUDI ARABIA UNDER EBP FOR MARCH/ APRIL SHIPMENT. TAIWAN BOUGHT 54.000 TONNES U.S. NO. 2 YELLOW SOYBEANS FOR MARCH SHIPMENT. DATE CHANGE YEAR AGO TRUCK BIDS; 02/23/94 02/22/94 02/24/93 WHEAT: KANSAS CITY 3,66-3.67 DN 1 3.63-3.65 MINNEAPOLIS 4.76 1/4 DN 15 1/2 3.88 1/2 PORTLAND 3.46-3.52 NC UP 4 3.85-3.90 ST. LOUIS 3.39-3.49 DN 4-2 3.85-3,91. CORN, U.S. NO. 2 YELLOW: KAN SAS CITY 2.91 NC-DN 2 2.16-2.18 MIN NEAPOLIS 2.75 3/4 DN 1 1/4 2.02 3/4 SO. lOWA 2.89-2.92 DN 1-2 2.17-2.19 OMAHA 2.80-2.82 DN 2-1 2.01-2.02. SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 6.93-6,95 UP 3 5.66-5.69 MIN NEAPOLIS 6.73 3/4 UP 2 3/4 5.57 1/4 SO. lOWA 6.86-6.90 UP 3-2 5.71-5.77 C. ILL. PROCESSORS 6.87 3/4-6,93 3/4 UP 2 3/4-4 3/4 5.76 1/4-5.79 1/4. Diffenbach Auction Inc. 100 West Jackson Street • Box 186 • New Holland, Pennsylvania 17557 Office: (717) 355-7253 • FAX; (717) 355-9547 HAY & GRAIN SALE EVERY MONDAY - 10:00 A.M. WED. MAR. 2 WINROSS & TOYS MON. MAR. 7 WHOLESALE FURNITURE MAR. 11 FARM EQUIP. TRACTORS. & SUPPLIES 9:00 A.M, TUE. MAR. 29 QUILT. CRAFT. & BUGGIES WED. MAR. 30 QUILT & CRAFT EQUIPPED FOR AN AUCTION AT YOUR PLACE OR OURS •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 (MAR) WHEAT 3.561/4 DN 3/4 3.25 1/4 MAY MINNEAPOLIS (MAR) WHEAT 3.66 1/4 DN 1/2 3.38 1/2 MAR CHICAGO (MAR) WHEAT 3.55 3/4 DN 2 1/2 3.74 1/2 MAR (MAR) CORN 2.87 3/4 DN 1 1/4 2.11 3/4 MAR (MAR) SOYBEANS 6.81 3/4 UP 2 3/4 5.75 1/4 MAR. EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 3.97 1/4 UP 1 1/4-1/4 3.98 1/4 NO. 2 SOFT RED WINTER WHEAT 3.81 3/4-3.84 DN 2 1/4-1 1/2 4.13 1/21/4 NO. 2 YELLOW CORN 3.10-3.101/4 DN 2-2 1/4 2.44-2.45 NO. 2 YELLOW SORGHUM RAIL 5.42 UP 6 BARGE 5.44-DN 1 4.30-4.30 NO. 2 YELLOW SOYBEANS 7.14-7.14 3/4 UP 3-3 1/4 6.02 3/4-6.04 BIRD. THIS REPORT A SERVICE OF U.S. DEPARTMENT OF AGRICULTURE. LIVESTOCK AND GRAIN MARKET NEWS. ST. JOSEPH. MISSOURI. Pa. Grain Monday, February 22, 1994 Report mpplled by PDA COMPARED WITH THE MARKET FOR LAST MONDAY, FOR SOUTH EASTERN. CENTRAL. AND SOUTH CENTRAL PA: CORN & WHEAT STEADY TO .10 LOWER; BARLEY VERY UNEVEN, MOSTLY STEADY TO STRONG: OATS STEADY TO .05 HIGHER; SOYBEANS VERY UNEVEN. .10 LOWER TO .05 HIGHER; EAR CORN UNEVENLY STEADY. SOUTHEASTERN PENNSYLVANIA CORN NO. 2-Y RANGE 3.10-3,36, AVERAGE 3.26, CONTRACT FOR HARVEST 2.66-2.87; ©WHEAT NO. 2 RANGE 3.65-3.90, AVERAGE 3.73, CONTRACT FOR HARVEST J. 33-3.48; BARLEY NO. 3 RANGE 2.30-2.75, AVERAGE 2.57, CONTRACT FOR HARVEST 2.00-2.10; OATS NO. 2 RANGE 1.60-1,90, AVERAGE 1.76; SOYBEANS NO. 1 RANGE 6.64-6.95. AVERAGE 6.75, CONTRACT FOR HARVEST 6.21-6.36; FEW REPORTED GR. SORGHUM #2 RANGE 2.80, AVERAGE 2.80, CONTRACT FOR HARVEST 2.35; FEW REPORTED NEW EAR CORN RANGE 81.00-97.00, FEW REPORTED 110.00, AVERAGE 91.80. SOUTH CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 3.15-3.35, ALAN DIFFENBACH AUCT. - AU2258-L AVERAGE 3.27; LIGHT GARLICKY ft BETTER WHEAt NO. 2 RANGE 3.15-3.60, FEW REPORTED 3.80, AVERAGE 3.42; BARLEY NO. 3 RANGE 2.10-2.56. AVERAGE 2.36; OATS NO. 2 RANGE 1.50-2.00, AVER AGE 1.75; SOYBEANS NO. 1 RANGE 6.34-6.75, AVERAGE 6.55; FEW REPORTED NEW EAR CORN RANGE 80.00-96.00, AVERAGE 88.00. SOUTHEASTERN, CENTRAL.ft SOUTH CENTRAL SUMMARY CORN NO. 2-Y RANGE 3.13-3.36, AVERAGE 3.28; LIGHT GARLICKY & BETTER WHEAT NO. 2 RANGE 3.34-3.90; AVERAGE 3.63; BARLEY NO. 3 RANGE 2.30-2.90. AVERAGE 2.51; OATS NO. 2 RANGE 1.60-1.90, AVERAGE 1.77; SOYBEANS NO. 1 RANGE 6.50-6.95. AVERAGE 6.69; NEW EAR CORN RANGE 76.00-100.00. AVERAGE 88.83. CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 3.20-3.40, AVERAGE 3.29; LIGHT GARLICKY & BETTER WHEAT NO. 2 RANGE 3.40-3.85, AVERAGE 3.57; BARLEY NO. 3 RANGE 2.50-2.96, FEW REPORTED 2.20, AVERAGE 2.60; OATS NO. 2 RANGE 1.70-1.90. AVER AGE 1.79; SOYBEANS NO. 1 RANGE 6.47-6.75, AVERAGE 6.67; FEW REPORTED NEW EAR CORN RANGE 75.00-85.00. FEW REPORTED 100.00, AVERAGE 83.28. WESTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.70-3,22, FEW REPORTED 3.34, AVERAGE 2.99; LIGHT GARLICKY & BETTER WHEAT NO. 2 RANGE 3.50-3.90. AVERAGE 3.62; BARLEY NO. 3 RANGE 2.40-2.43, AVERAGE 2.42; OATS NO. 2 RANGE 1.40-1.90. AVER AGE 1.62; SOYBEANS NO. 1 RANGE 6 50-6.60, AVERAGE 6.55; FEW REPORTED OLD EAR CORN RANGE 65.00-95.00, AVERAGE 80.00. 6:30 P.M, 6:30 P.M, 9:00 A.M 9:00 A.M. HAY, STRAW & GRAIN SALE Every Thursday at 1 p.m. Auction will continue ail year long Vintage Sales Stables, Inc. (Rt. 30, 10 miles east of Lancaster in Paradise, PA) For Info. L Robert Frame, Sr. 717-442-4181 business president 215-458-8518 home Glenn S. Frame Mgr. , NEW HOLLAND SALES STABLES INC; THE ACTION AUCTION MONDAY SLAUGHTER HOGS EARLY BIRD HOG SALE 7:30 A.M. Sell Your Hogs At New Holland sales Stables. Inc. See them weighed, sold and pickup your check. 10:00 A.M. U ggS HORSES Iff f mules •j. 1:30 P.M. . KV BEEP SALE f ss Tli CALVES HEIFER SALE 11:00 A.M. COW SALE 12:00 NOON ****** °°*S We have the usual run ol 50 to 100 Hellers, all ages. Loads of fresh cows and springers from our regular shippers. Also some local fresh cows and springers. NEW HOLLAND SALES STABLES, INC. 12 Miles East of Lancaster Off Route 23, New Holland, Penna. MANAGERS M» Bim Offlfif IteMfltr Norman & David Kolb - 717-397-5538 Roger Floyd - 717-354-4341 Flald Raoraaantatlvaa FAX #717-355-0708 Luke Ebarly • 215-287-6608 738-1865 Homar Ebarly ■ 215-267-3047 Order Buyer Ron Ranek - 717-858-9649 Paul Good - 215-445-8662 ; r *MONTRfAGp CORN NO. 2-Y 3.27; LIGHT GAR LICKY ft BETTER WHEAT NO. 2 3.79; BARLEY NO. 3 2.35; OATS NO. 2 1.72; SOYBEANS NO. 1 6.78; FEW REPORTED NEW EAR CORN 84.46. YEAR AGO CORN NO. 2-Y 2.37; LIGHT GAR LICKY ft BETTER WHEAT NO. 2 3.43; BARLEY NO. 3 1.89; OATS NO. 2 1.59; SOYBEANS NO. 1 5.63; FEW REPORTED NEW EAR CORN 61.14. Friend’s Stockyard Inc. Accident, Md. 21520 Report Supplied by Auction February 21, 1994 STOCK BULLS AND STEERS (200-500 LBS.) 70.00-90.00. STOCK HEIFERS: 60,00-78.00. SLAUGHTER STEERS: GOOD TO CHOICE 70.00-74.50. MEDIUM TO GOOD 64.00-69.00, HEAVY CHOICE OVER 1450 LB. 64.00-68.00. HOLSTEIN STEERS: HEAVY 56.00-63.75. LIGHT 48.50-56.50. SLAUGHTER HEIFERS: GOOD TO CHOICE 67.00-73.50. MEDIUM TO GOOD 46.00-66.00. BULLS: HEAVY 55.00-63.00, LIGHT 46.00-57.00. COWS: FEW HIGH DRESSING 45.00- UTILITY (HOLSTEIN) 44.00- COMMERCIAL TO GOOD 39.00- CULL COWS 38.00 AND DOWN. VEALS: GOOD TO CHOICE 70.00- MEDIUM TO GOOD 50.00- 808 CALVES: 40.00 AND DOWN. HOLSTEIN BULL CALVES RETURN TO FARM (90 TO 120 LB.)- 100.00-135.00. LIVESTOCK IS OU: HOLS3SEIN .HEIFBR .CALVES RETURN TO FARM (100 TO 120 LB.) - 100.00-168.00. BEEF CROSS CALVES RETURN TO FARM UP TO 140.00. HOGS: TOP QUALITY 44.50-46.00, HEAVY 43.00-44.00, LIGHT 39.00-43.00. SOWS: 28.00-32.00. MALE HOGS: 26.00-31.00. LAMBS: 62.00-70.00. FEEDER LAMBS: 60.00-75.00. SHEEP: 15.00-24.00. New' Holland Dairy New Holland Sale* Stables Wednesday, February 23, 1994 Report supplied by auction DAIRY COWS 153; HEIFERS 27 AND 5 BULLS. MARKET STEADY. HERD OF 29 HEAD ALL STAGE COWS 660.00-1325.00. LOCAL 540.00-1100.00. FRESH HEIFERS 725.00-1210.00. LOCAL SPRINGERS 685.00-1000.00. UPSTATE LOADS FRESH 950.00- SPRINGERS 1400.00- BETTER 1200.00-1325.00. LOAD OF CANADIAN COWS FRESH 923.00- SPRINGERS 825.00- SPRINGING HEIFERS LARGE 1050.00-1260.00. OPEN BREEDING AGE HEIFERS 580.00-640.00. SMALL OPEN HEIFERS 280.00-410.00. BULLS: 530.00-760.00. HERD OF 39 HEAD ALL STAGE COWS 725.00-1500.00. ONLY BUSINESS THURSDAY Beef Auction 10:00 A.M. BULLS, steers. BEEF COWS STOCKERS ft FEEDERS —A. n>VI 7T 11!^AM - re j SHEEP IHHP i<\t ssa Jo 1:30 P.M. FEEDER PIG SALE Pigs art accepted alter 6:30 A.M. Slate graded from 8 to 12. Dairy Barn and Feeder Pig Bam are cleaned and disinfected weekly lor your protection. FRESH COWS FRESH COWS