National Grain Market SL Joseph, Mo. Wednesday, October 12,1994 DAILY NATIONAL GRAIN SUM MARY EXPORT CONCERNS AND A SLIGHT INCREASE IN USDA’S PRO JECTED *95 ENDING STOCKS FIGURE BROUGHT WHEAT PRICES BACK DOWN AFTER A THREE -DAY UPWARD TREND. CORN AND SOY BEAN PRICES CONTINUED STRON GER. DESPITE THE INCREASED PRO DUCTION ESTI- MATES. IMPROVED EXPORT INTEREST WAS A SUPPOR TIVE FACTOR. WHEAT 4 TO 9 CENTS LOWER. CORN UNCHANGED TO 1 CENT HIGHER. SORGHUM 2 TO 8 CENTS HIGHER. SOY- BEANS 3 TO 8 CENTS HIGHER. REPORTS THERE ARE PROBLEMS WITH THE RUBLE HAVE CAUSED CONCERN OVER RUSSIA’S FL4BO WHEAT BID. USDA’S ’95 ENDING WHEAT STOCKS ESTI MATE SHOWED A SLIGHT IN CREASE WEAKENED WHEAT PRICES. WHEAT SEEDING IS UNDER WAY AS CORN AND BEAN HAR VEST PROGRESSING RAPIDLY. USDA’S CROP PRODUCTION REPORT FOR CORN AND SOYBEANS PRO VIDED NO SURPRISE AND PRICES CONTINUED HIGHER. EXPORT DEMAND HAS IMPROVED THE PAST COUPLE OF WEEKS FOR BOTH COM MODITIES. INDICATIONS THAT CHINESE EXPORTS ARE SHARPLY WHAT’S AHEAD FOR CORN & 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 of the premium paid plus all transaction costs. Buying futures and options have inherent risks and should be done only with risk capital. FOR INFORMATION... LITERATURE... CHARTS...PLEASE CALL 215-821-8111 800-543-8939 LEHIGH VALLEY FUTURES INC. Suite LL6.2200 Hamilton St, Allentown, PA 18104 The ritk ol lots in trading futures and option* on future* can ba substantial future* and oplion* trading may not be suitable (or everyone You should csralulty consider the risks In light of your financial condition In daddlng whether to trade. ImmiFD HOOBER EQUIPMENT. INC. tfIMMMNHMHRRHRMMHMHHMMi Middletown, de « TWO LOCATIONS (302) 378-9555 WE SHIP PARTS DAILY Via FED. EXP. - UPS - PPSH - BUS - AIR FREIGHT. ETC Mon.-Fn 7 AM-5 PM, Sal 7 AM-Noon CALL US... Authorized hCMUB.WtHm.It UPS Station LOWER ADDED LIGHT SUPPORT. INCREASES WERE LIMITED, HOW EVER, ON ACTIVE HARVEST. TODAY’S USDA CROP PRODUCTION ESTIMATE FOR OCT 1 REPORTED CORN PRODUCTION UP 4 PER CENT FROM LAST MONTH AT A RECORD HIGH 9.60 BILLION BUSHLES, SI PER CENT ABOVE 1993 CROP. SOYBEANS WERE ALSO A FORECASTED RECORD HIGH AT 2. 46 BILLION BUSHELS, UP 6 PERCENT FROM SEPT 1 AND 32 PERCENT ABOVE 1993. EXPORT NEWS: PURCHASER COM MODITY TONNAGE DEL DATE JAPAN N/DN SPRING 19,047 94/95 INDONESIA SPRING 40,000 DEC MOROCCO SOYOIL 12,000 DEC ALGERIA SOYOIL 10,000 94/95. TOTALS: WHEAT 59.047 TONNES; SOYOIL 22,000 TONNES. DATE CHANGE YEAR AGO TRUCK BIDS: 10/12/94 10/11/94 10/13/93 WHEAT: KANSAS CITY 4.20-4.21 DN 9 3.34-3.37 MINNEAPOLIS 4.30 3/4 DN 5 3/4 4.86 PORTLAND OCTOBER BID 4.64-4.68 NC-UP 2 3.42-3.43 ST. LOUIS 3.93-3.96 DN 4 280-3.01. CORN, U.S. NO. 2 YELLOW: KAN SAS CITY 2.14-2.15 UP 12.49-2.51 MIN NEAPOLIS 1.96 DN 3/4 230 1/4 SO. lOWA 2.00-203 NC-UP 1 2.34-2.38 OMAHA 1.97-1.98 UP 1-NC 2.36-238. SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 5.24-5.25 UP 5 6.04-6.06 MIN NEAPOLIS 5.14 3/4 UP 31/25.931/2 SO. lOWA 5.13-5.17 UP 6-8 5.95-6.01 C. ILL. The Saving Place PROCESSORS 5.17 3/4-5.30 3/4 UP 4 1/2 5.98 1/2-6.08 1/2. •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. J4O. 1 SOFT WHITE WHEAT, ST. LOUIS, NO. 2 SOFT RED WINTER WHEAT. FUTURES CLOSE: KANSAS CITY (DEC) WHEAT 4.12 1/4 DN 8 1/4 3.29 1/4 MINNEAPOLIS (DEC) WHEAT 4.10 3/4 DN 5 3/4 3.36 CHICAGO (DEC) WHEAT 4.08 DN 8 1/4 3.25 (DEC) CORN 2.15 UP 1 1/4 2.49 1/4 (NOV) SOYBEANS 5.36 3/4 UP 4 1/2 6.12 1/2. EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 4.59 1/4 DN 8 1/4 3.69 1/4 NO. 2 SOFT RED WINTER WHEAT 4.32-4.36 DN 5 3.42 NO. 2 YELLOW CORN 2.44 1/2-2.45 UP 13/4-12.69-2.71 NO. 2 YELLOW SORG HUM RAIL 4.16 UP 2 BARGE 4.16 UP 8 4.56-4.45 NO. 2 YELLOW SOYBEANS 5.59-5.61 UP 5-6 6.36-6.36 1/2 BIRD. New Holland Dairy New Holland Sale* Stable* Wednesday, October 12, 1994 Report nip pi led by auction DAIRY COWS 131; HEIFERS 126; BULLS 8. MARKET STEADY. LOCAL FRESH COWS 525.00-1110.00. FRESH HEIFERS 575.00-1375.00. LOCAL SPRINGERS 885.00-1310.00. TOWN AND COUNTRY" POURED WALLS • Manure Pits • Retaining Walls • House Basements • Trench Silo Walls. (215)593-5794 • Ask For Ike (i'v. Pick Up Your vs ffL Phone And w \ Place Your 1 P arts A—— 1 'VjVrt Order 'I T ypur Lancaster Farming, Saturday, October IS, 1994-A5 UPSTATE LOADS FRESH 910.00 1510.00, SPRINGERS 1000.00-1200.00. BETTER 1250.00- 13 HEAD PUREBRED SPRINGING HEIFERS 1325.00-1605.00. HERD OF 57 HEAD ALL STAGES 575.00- BETTER COWS 1325.00- SPRINGING HEIFERS LARGE 960.00- SMALL 730.00-905.00. REGISTERED HEIFERS 1 AT 1275.00. SHORTBRED HEIFERS 540.00975.00. OPEN BREEDING AGE HEIFERS 635.00800.00. SMALL OPEN HEIFERS 250.00590.00. FRESH COWS BULLS; 260.00-400.00, PUREBREDS 725.00- HERD OF 18 HEAD ALL STAGES 585.00- 185.00. Dewart Livestock Dewart, Pa. Monday, October 10, 1994 Report Supplied by PDA STEERS: 48.00-61.00. HEIFERS: TOO FEW TO QUOTE. GOOD COWS: 40.00-46.00. CANNERS AND CUTTERS; 36.00-40.00. BULLS: 45.00-53.50. VEALS 90-190 LBS. 99.00-220.00. 70-90 LBS. 60.00-99.00. HOGS: 31.00-32.00. SOWS; 24.00-28.00. FEEDER PIGS: TOO FEW TO QUOTE. Call the Horse Fence People for lasting quality and low prices. • Superior Fencing and Lumber For Farms, Homes St Estates • Slip Board, Post & Board, Split Rail, and many others • Custom Fences and Cates • Vinyl, Wire, and Keep Safe • Wood and Metal Cates • jump Rails and Standards • In-ground Warranties • Competitive Pricing • Professional Installers & Delivery Available • Deck k Barn Lumber • Landscape Timbers • Huge Inventory Year-round Stockton Supply Company, 1297 Kelsall Road, Box 718, Umonville, PA 19375 (610) 347-1730 Valley Stockyards Athens, Pa. October 10, 1994 Report supplied by auction HOLSTEIN HEIFER CALVES 150.00- VEAL CALVES. NONE. VEALER BULL CALVES 100.00- SLAUGHTER CALVES 55.00 AND DOWN. GRASSERS & FEEDERS 40.00-60.00. LAMBS 50.00-72.50. SHEEP 15.00-30.00. HOGS 200-250 32.00-36.00. SOWS 22.00-28.00. BOARS 22.00-26.00. PIGS, NONE. HEIFERS 36.00-46.00. STEERS TO 54.00. FEEDER STEERS, NO TOP, 50.00- BULLS TO 49.00. GOOD COWS 38.00-42.00, COUPLE 44.00. COWS MEDIUM 34.00-36.00. COWS POOR OR SMALL 36.00 AND DOWN. CATTLE MARKET STEADY. CALF MARKET STEADY. SMALL HORSES TO 460.00. SMALL PONIES 140.00. GOATS TO 102.50. NOT MUCH CHANGE IN PRICES. Horse owners across America call us for advice and superior fencing materials at great prices -- because we are the Horse Fence People. Call toll free today for your free copy of "How To Select The Right Fence" and more information. 1-800-441-5832