Lancaster farming. (Lancaster, Pa., etc.) 1955-current, July 30, 1994, Image 5
National Grain Market St. Joaeph, Mo. Wedncadaj, July 27, 1994 ♦♦CORRECTION IN FOURTH DAILY NATIONAL GRAIN SUMMARY IT LOOKS LIKE ITS GOING TO BE - CHEAP GRAIN AND SOYBEAN PRICES BY CHRIST MAS. BUMPER CROP PROSPECTS. WHEAT 5 CENTS HIGHER TO 3 CENTS LOWER, WITH MINNEAPOLIS OFF 15 1/2. CORN 1-3 CENTS LOWER. SORGHUM 3-4 CENTS LOWER. SOY BEANS 4-7 CENTS LOWER. EXPORT ORDERS TRYING TO HOLD UP WHEAT PRICES, BUT DECLINING CORN AND SOYBEANS A DRAG. A REDUCTION IN WORLD WHEAT PRODUCTION OFFERING SOME SUPPORT. CORN CROP IS JUST ABOUT MADE AND AWESOME. FARMERS ARE TALKING ABOUT 200 PLUS BUSHEL PER ACRE IN MANY AREAS. OUT OF RAIL SERVICE, COUNTRY ELEVA TORS ARE LOOKING AT BELOW 2.00 A BUSHEL. DECEMBER FUTURES AROUND 2.20. THAT'S A LONG WAY FROM THE 1994 TARGET PRICE OF 2.75. DECEMBER OF LAST YEAR CORN WAS OVER 3.00 A BUSHEL. CARRY-OVER DOWN FROM RECENT YEARS, BUT NOT REAL TIGHT. RECENT EXPORT ORDERS HAVE BEEN PASSING CORN BY. BUT A SMALL VOLUME TODAY. YEAR TO DATE EXPORT FIGURES LOOK MIS ERABLE AND THE COUNTING PER IOD ENDS SEPTEMBER 1, BUT WHAT DO YOU EXPECT WITH 3.00 CORN. A DIFFERENT STORY FOR BEANS. GOOD RECENT EXPORT ORDERS FOR SOYBEANS, OILS AND MEAL. H PURINA HARD HITTER POUR Kill Those Flies and Make Your Cow Comfortable! HARD HITTER *■ - *- * * X ■* ■» SI Easy To Use-Pour On s Kills Flies, Lice, Mosquitoes & Ticks S 3 Long Lasting “HINT”: APPLY DOWN THE COW’S BACK USING AN EMPTY LIQUID DISH DETERGENT BOTTLE CARRY-OVER STOCKS ARE VERY TIGHT. CURRENTLY PROCESSOR'S CASH BIDS ARE OFTEN 5-15 CENTS ABOVE ELEVATORS. THERE IS A 25 CENT AUGUST PREMIUM TO NOVEMBER ON THE BOARD. SOY BEAN CROP IS BEHIND CORN, JUST ♦ ♦NOW♦♦PODDING. HOWEVER. MANY FIELDS ARE WASTE HIGH, FULL OF BLOOMS AND LOOKING SUPER. WHEAT BEANS ARE COMING ON LIKE GANG BUSTERS. COUNTRY ELEVATOR’S NEW CROP BIDS ARE DROPPING BELOW 5.50, WHILE DECEMBER OF LAST YEAR PRICES JUMPED UP OVER 7.00. NO GOVERN MENT TARGET PRICES FOR BEANS, THEY JUST HUNG OUT ON THE LINE IN A RAIN STORM TO DRY BY THEMSELVES. EXPORT NEWS: THE U.S.D.A. ACCEPTED AND E.E.P. BID FOR 40,000 TONNES OF WHEAT TO THE PHILIPPINES (INCLUDING 25,000 TONNES OF HARD RED SPRING WHEAT. AND 15,000 TONNES OF WHITE WHEAT) FOR AUGUST 16 - SEPTEMBER 15 SHIPMENT. TAIWAN PURCHASED 55,000 TON NES OF U.S. NO. 2 YELLOW CORN FOR SEPTEMBER 1-15 GULF SHIPMENT. THE U.S.D.A. ACCEPTED A SUB SIDY BID FOR 500 TONNES OF COT TONSEED OIL TO GUATEMALA: SHIPMENT IS SCHEDULED FOR AUGUST 10 - SEPTEMBER 15. DATE CHANGE YEAR AGO TRUCK BIDS: 07/27/94 07/26/94 07/28/93 WHEAT: KANSAS CITY 3.49 DN 2-3 3.34-3.36 MINNEAPOLIS 3.77 3/4 DN 15 1/2 5.05 PORTLAND 3.50-3.52 UP 2 3.55-3.59 ST. LOUIS 3.15-3.18 UP 5 3.05-3.08. CORN, U.S. NO. 2 YELLOW: KAN- INSECTICIDE HIGH BROS. 441 Centerville Road Gordonville, PA 17529 Phone 717-354-0301 SAS CITY 2.27-2.31 DN 2 2.44-2.46 MINNEAPOLIS 2.11 1/4 DN 1 3/4 2.18 1/4 SO. lOWA 2.19-2.21 NC 2.22-2.32 OMAHA 2.15-2.16 DN 1-2 2.34-2.35. SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 5.76 DN 1-6 6.91-6.96 MIN NEAPOLIS 5.66 DN 4 1/4 6.66 3/4 SO. lOWA 5.75-5.79 DN 7-5 6.76-6.81 C. ILL. PROCESSORS 5.65 1/2-5.82 DN 6-4 1/4 6.81 3/4-6.96 3/4. ♦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 (SEPT) WHEAT 3.38 3/4 DN 1 3/4 3.15 1/2 MINNEAPOLIS (SEPT) WHEAT 3.42 3/4 DN 1/2 3.25 CHICAGO (SEPT) WHEAT 3.32 DN 1 3.15 3/4 (SEPT) CORN 2.17 1/4 DN 1 3/4 2.41 1/4 (DEC) CORN 2.19 1/4 DN 2 2.46 1/2 (AUG) SOYBEANS 5.85 DN 4 1/4 6.88 3/4 (NOV) SOYBEANS 5.60 1/2 DN 6 6.90 3/4. EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 3.79 3/4 DN 1 3/4 3.59 1/2-3.63 1/2 NO. 2 SOFT RED WINTER WHEAT 3.31-3.33 DN 1 3.35-3.38 NO. 2 YELLOW CORN 2.43 1/4-2.44 DN 2 3/4-2 1/2 2.54-2.59 NO. 2 YELLOW SORGHUM RAIL 4.27 DN 4 BARGE 4.40 DN 3 3138 4.65 NO. 2 YEL LOW SOYBEANS 6.06-6.07 DN 4 7.70. Pa. Grain Monday, July 25, 1994 Report supplied by PDA COMPARED TO LAST MONDAY’S MARKET FOR SOUTHEASTERN, CENTRAL. AND SOUTH CENTRAL HARD HITTER PA: CORN .05 TO .25 LOWER, WHEAT STEADY TO SPOTS .05 HIGHER, BAR LEY STEADY TO STRONG, OATS .05 TO .10 LOWER, SOYBEANS .15 TO .30 LOWER, EAR CORN STEADY TO 5.00 LOWER. SOUTHEASTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.50-2.80, AVERAGE 2.63, CONTRACT FOR HARVEST 2.20-2.43; WHEAT NO. 2 RANGE 3.04-3.25, AVERAGE 3.14; BARLEY NO. 3 RANGE 1.60-1.95, AVERAGE 1.73; OATS NO. 2 RANGE 1.35-1.70, AVERAGE 1.50; SOYBEANS NO. 1 RANGE 5.65-6.15, AVERAGE 5.88, CONTRACT FOR HARVEST 2.05; EAR CORN RANGE 70.00-96.00, AVERAGE 81.60. SOUTH CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 2.65-2.85, AVERAGE 2.80; WHEAT NO. 2 RANGE 2.90-3.15, AVERAGE 2.96; BARLEY NO. 3 RANGE 1.75-1.90. AVERAGE 1.80; OATS NO. 2 RANGE 1.40-1.70, AVERAGE 1.52; SOYBEANS NO. 1 RANGE 5.85-6.15, AVERAGE 5.96; EAR CORN RANGE 70.00-85.00, AVERAGE 80.57. SOUTHEASTERN, CENTRAL & SOUTH CENTRAL SUMMARY CORN NO. 2-Y RANGE 2.50-3.00, AVERAGE 2.73; WHEAT NO. 2 RANGE 2.90-3.25, AVERAGE 3.03; BARLEY NO. 3 RANGE 1.60-1.95, AVERAGE 1.75; OATS NO. 2 RANGE 1.25-1.70, AVERAGE 1.49; SOYBEANS NO. 1 RANGE 5.65-6.15, AVERAGE 5.93; EAR CORN RANGE 73.00-96.00, AVERAGE 81.80. CENTRAL PENNSYLVANIA CORN NO. 2-Y RANGE 2.65-3.00, AVERAGE 2.77; WHEAT NO. 2 RANGE 2.90-3.22, AVERAGE 3.00; BARLEY NO. 3 RANGE 1.60-1.90, AVERAGE 1.72; OATS NO. 2 RANGE 1.25-1.60. Lancaster Fanning, Saturday, July 30, 1994-AS AVERAGE 1.45; SOYBEANS NO. 1 RANGE 5.68-6.01, FEW REPORTED 6.50, AVERAGE 5.97; EAR CORN RANGE 78.00-90.00. AVERAGE 83.25. WESTERN PENNSYLVANIA CORN NO. 2-Y RANGE 2.51-3.00, AVERAGE 2.75; WHEAT NO. 2 RANGE 2.80-3.05, AVERAGE 2.92; BARLEY NO. 3 RANGE 1.65-1.73, AVERAGE 1.69; OATS NO. 2 RANGE 1.25-1.70, AVERAGE 1.46; SOYBEANS NO. 1 RANGE 5.75-6.25. AVERAGE 5.85; BAR CORN RANGE 60.00-75.00, AVERAGE 67.50. MONTH AGO CORN NO. 2-Y 3.02; WHEAT NO. 2 3.11; BARLEY NO. 3 1.75; OATS NO. 2 1.72; SOYBEANS NO. 1 6.58; EAR CORN 88.40. CORN NO. 2-Y 2.67; WHEAT NO. 2 2.93; BARLEY NO. 3 1.60; OATS NO. 2 1.48; SOYBEANS NO. 1 7.15; EAR CORN 71.00 North Jersey Market Hackctlstown, NJ. Report Supplied by Auction Tuciday, July 26, 1994 Hay—Straw & Grain Report ALFALFA: 3 LOTS, 1.70-2.00 BALE. MIXED HAY: 12 LOTS. 1.50-2.50 BALE. MULCH: 2 LOTS AT .70 AND 1.60 BALE. GRASS; 1 LOT AT 1.50 BALE. WHEAT STRAW: 2 LOTS AT 1.50 AND 1.60 BALE OAT STRAW: 1 LOT AT 1.60 BALE WHOLE EAR CORN: 1 BAG AT 6.25. CRACKED CORN: 1 BAG AT 6.00. OATS: 5.75 BAG. TOTAL: 24 LOTS. YEAR AGO