W'n ) r, P ofliiPiM AfrUnofr Firming, Saluittoy, March 26,1H4 National Grain Market SI. Joseph, Mo. Wcdncaday, March 23, 1994 DAILY NATIONAL GRAIN SUMMARY GRAIN AND SOYBEAN PRICES REGAINED SOME OF TUES DAY’S MODERTATE DECLINES, SUP PORTED BY DRY WEATHER CONDI TIONS IN WHEAT AREAS. GOOD DOMESTIC DEMAND AND LIMITED FARMER SELLING. WHEAT 1 TO 4 CENTS HIGHER. CORN 1 TO 2 CENTS HIGHER. SORGHUM 1 TO 3 CENTS HIGHER. SOYBEANS 7 TO 10 CENTS HIGHER. EXPORT WHEAT DEMAND HAS BEEN FAIRLY ACTIVE THE PAST FEW DAYS AND REPORTS EGYPT IS SEEKING 500,000 TONNES EEP WHEAT. BOOSTED PRICES. SOUTHWESTERN GREAT PLAINS AREAS CONTINUE DRY. CORN PRICES CLIMBED ON SLIGHT FUND BUYING. LIGHT FARMER SELLING AND SPILL- OVER STRENGTH FROM BEAN PITS. FARMERS PREPARING EQUIPMENT AND ANXIOUS ABOUT BEGINNING PLANTING. SOYBEAN PRICES ALSO ADVANCED ON FUND BUYING ON THE BOARD AND LIM ITED FARMER SELLING. STRONG SOYOIL USAGE ADDED STRENGTH MIIK.it MESA BODY GOOD.' NEED TO CUT THE FEED BILL? I’I \M M MM IMI )M( Ks| U\ H I I H I' MM Ml M' id \ Ml l< H |--s \lj V, * f I'A I h ) , M (i 11, / • \i i ) Ml A \.\ I mH i 1 ; : 11 Mi ' pennfield feeds TO BEAN PRICES. EXPORT NEWS: USDA ACCEPTED ONE BID TO SELL 6,000 TONNES HARD RED SPRING WHEAT TO NICARAGUA UNDER EBP FOR JUNE SHIPMENT. USDA’S CCC BOUGHT 20.000 TONNES SOFT RED WINTER WHEAT FOR DONATION TO PAKIS TAN FOR APRIL SHIPMENT. THE CCC BOUGHT 10,000 TONNES SOFT RED WINTER WHEAT FOR DONATION TO AFGHANISTAN FOR APRIL SHIPMENT. DATE CHANGE YEAR AGO TRUCK BIDS: 03/23/94 03/22/94 03/24/93 WHEAT: KANSAS CITY 3.50-3.51 UP 4-3 3.75-3.77 MINNEAPOLIS 4.33 3/4 UP 3 1/2 3.90 3/4 PORTLAND 3.46-3.47 UP 1 3.87-3.88 ST. LOUIS 3.25-3.31 UP 3-4 4.14-4.17. CORN, U.S. NO. 2 YELLOW: KAN SAS C1TY2.85-2.87 UP 12.28-2.29 MIN NEAPOLIS 2.77 UP 1 1/4 2.18 3/4 SO. lOWA 2.83-2.85 UP 1-2 2.27-2.30 OMA HA 2.70-2.71 UP 1 2.15-2.17. SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 7.06-7.07 UP 10-9 5.84-5.87 MINNEAPOLIS 6.83 1/2 UP 7 1/2 5.76 1/4 SO. lOWA 6.89-6.98 UP 7 5.84-5.88 C. ILL. PROCESSORS 6.99 I/2-7.0S 1/2 UP 7 1/2 5.90 1/4-5.99 1/4. 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 (MAY) WHEAT 3.30 1/2 UP 2 1/4 3.29 3/4 MINNEAPOLIS (MAY) WHEAT 3.33 3/4 UP 3 1/2 3.30 3/4 CHICAGO (MAY) WHEAT 3.33 1/4 UP 3 1/2 3.47 1/2 (MAY) CORN 2.84 UP 1 1/4 2.28 3/4 (MAY) SOYBEANS 6.93 1/2 UP 7 1/2 5.92 1/4. EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 3.78 1/2 UP 2 1/4 4.04 3/4-4.06 3/4 NO. 2 SOFT RED WINTER WHEAT 3.58-3.59 1/4 UP 3-DN 3/4 4.42 1/2 NO. 2 YELLOW CORN 3.05-3.06 1/2 UP 2-2 1/2 2.51-2.52 NO. 2 YELLOW SORGHUM RAIL 5.18 UP 2 BARGE 5.16 UP 1 4.37 4.44 NO. 2 YELLOW SOYBEANS 7.22 1/2-7.23 1/2 UP 7 1/2 6.12 3/4-6.14 BIRD. THIS REPORT A SERVICE OF U.S. DEPARTMENT OF AGRICULTURE, LIVESTOCK AND GRAIN MARKET NEWS, ST. JOSEPH, MISSOURI. NEW HOLLAND SALES STABLES INC; THE ACTION AUCTION MONDAY SLAUGHTER HOGS EARLY BIRD HOG SALE Sell Your Hogs At New Holland Selet Sublet, Inc. See them weighed, told end pickup your checK. Jk IQ:QQ A.M. U |||E HORSES |j MOLES . 1:30 P.M. . beef sale W SHEEP JT HSI GOATS * 11 CALVES , HEIFER SALE 11;0Q A.M. COW SALE 12:00 NOON We have the uaual run o( 50 to 100 Helfera, all agea Loada of (rash cowa and aprlngera from our regular ihippara. Also tome local (rath cowa and aprlngera. NEW HOLLAND SALES STABLES, INC. 12 Miles East of Lancaster Off Route 23, New Holland, Penna. MANAGERS gale Bwn Ottlc* Wntayr, Norman I Davld Koib - 717-397-5538 Rogar Floyd - 717-354-4341 Flald Rapraaantatlva FAX #717-355-0706 Luka Ebarly • 215-267-6608 738-1865 Homar Ebarly • 215-267-3047 Ordar Buvar Ron Ranck • 717-656-9849 Paul Good - 215-445-6662 .00(Ki .O/A .QT'riOW ,000/: -V'Vt S> Ptt. Grain Moadaj, March 21,1994 .0i d*> Report epppMad b* PDA COMPARED WITH TOE MARKET FOR LAST MONDAY. FOR SOUTH EASTERN, CENTRAL, AND SOUTH CENTRAL PA: CORN UNEVEN, MOSTLY STEADY TO .07 HIGHER, WHEAT STEADY TO .05 HIGHER, BARLEY UNEVENLY STEADY, OATS MOSTLY STEADY, EAR CORN STEADY TO STRONG, SOYBEANS STEADY TO STRONG. SOUTHEASTERN PENNSYLVANIA CORN NO. 2-Y RANGE 3.15-3.34, AVERAGE 3.23, CONTRACT FOR HARVEST 2.62-2.87; @ WHEAT NO. 2 RANGE 3.39-3.64, AVERAGE 3.52, CONTRACT FOR HARVEST 3.16-3.39; BARLEY NO. 3 RANGE 2.40-2.80, AVERAGE 2.63, CONTRACT FOR HARVEST 1.95-2.05; OATS NO. 2 RANGE 1.60-1.95, AVERAGE 1.80; SOYBEANS NO. 1 RANGE 6.75-7.07, AVERAGE 6.86, CONTRACT FOR HARVEST 6.23-6.39; FEW REPORTED GR. SORGHUM «2 RANGE 2.80, AVERAGE 2.80; CONTRACT FOR HARVEST 2.50; FEW REPORTED NEW EAR CORN RANGE 87.00-110.00, AVERAGE 92.-86. SOUTH CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 3.25-3.30, FEW REPORTED 3.00, AVERAGE 3.25; LIGHT GARLICKY A BETTER WHEAT NO. 2 RANGE 3.09-3.40, FEW REPORTED 3.36, AVERAGE 3.27; BARLEY NO. 3 RANGE 1.60-1.90, FEW REPORTED 2.10, AVERAGE 2.45; OATS NO. 2 RANGE 1.60-1.90, AVER AGE 1.78; SOYBEANS NO. 1 RANGE 6.50-6.91, AVERAGE 6.69; FEW LIVESTOCK IS OU: 7:30 A.M. REPORTED IffiW BAR CORN RANGE SO.OO-100.00, AVERAGE 9a 50. SOUTHEASTERN, CENTRAL & SOUTH CENTRAL SUMMARY CORN NO. 2-V RANGE 3.15-3.36, AVERAGE 3.35; LIGHT GARLICKY A BETTER WHEAT NO. 2 RANGE 3.25-3.65; AVERAGE 3.44; BARLEY NO. 3 RANGE 2.40-2.50, AVERAGE 2.57; OATS NO. 2 RANGE 1.60-1.95, AVERAGE 1.79; SOYBEANS NO. 1 RANGE 6.50-7.07, AVERAGE 6.81; NEW EAR CORN RANGE