Malatya Haber Soybeans see double-digit gains, corn sees losses
Home News Livestock Crops Markets Hay, Range & Pasture Home & Family Classifieds Resources This Week's Journal
Agro-Culture Liquid Fertilizer



Farm Survey


AgriMartin
Journal Getaways


Reader Comment:
by ohio bo

"An excellent essay on fairs that brought back many memories for me. In my part"....Read the story...
Join other discussions.

Soybeans see double-digit gains, corn sees losses

Advertisement

Soybeans had double-digit gains while wheat suffered double-digit losses with corn posting modest losses, according to the National Grain Market Summary, March 4.

Soybeans had sharp gains on strong weekly export inspections as demand remains good. Corn had modest losses on negative outside markets as precious metals were lower along with crude oil. Wheat had sharp losses as improved moisture conditions through the Plains pressured wheat futures.

Wheat closed 16 to 20 cents lower. Corn traded 3 to 7 cents lower. Soybeans closed 13 to 23 cents higher.

Grains inspected for export for week ending Feb. 28: Wheat totaled 24.0 million bushels, up 2.8 million bushels; corn 15.7 million bushels, up 4.0 million bushels; sorghum 1.7 million bushels, up 1.2 million bushels and soybeans 40.3 million bushels, up 12.5 million bushels compared to a week ago.

Year to date: Wheat totaled 692.3 down 51.4 million; corn 364.2 down 471.8 million; sorghum 45.5 million up 10.8 million, and soybeans 1147.3 up 238.8 million. Crop marketing years begin June 1 for wheat and Sept. 1 for corn, sorghum, and soybeans.

In the futures close, Kansas City May wheat was $7.38, down 18 cents.

Terminal wheat bids, paid for truck delivery, included Kansas City, $7.01 to $7.03, down 18 to 16 cents; Minneapolis, $8.32 1/4, down 13 cents; Portland, $8.50 to $8.52 1/2, down 20 to 18 1/2 cents; St. Louis, $7.41, down 18 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $7.50 to $7.51, down 7 to 6 cents; Minneapolis, $6.98 1/4, down 4 1/4 cents; southern Iowa, $7.17 3/4 to $7.29 3/4, down 5 1/4 to 3 1/4 cents; Omaha, $7.39 to $7.42, down 5 to 6 cents.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $14.92 to $14.97, up 13 to 18 cents; Minneapolis, no bids; southern Iowa, $14.75 to $14.91, up 13 1/2 to 23 cents; central Illinois processors, $14.97 to $15.12, up 18 1/2 to 21 1/2 cents.

Kansas City wheat prices March 5, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $8.05 to $8.60, up 7 cents; 12% protein, $8.50 to $8.65, up 7 cents; 13% protein, $8.57 to $8.72, up 7 cents; 14% protein, $8.57 to $8.72, up 7 cents. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was $7.45 to $7.58, unchanged.

Date: 3/11/2013



Google
 
Web hpj.com

Copyright 1995-2014.  High Plains Publishers, Inc.  All rights reserved.  Any republishing of these pages, including electronic reproduction of the editorial archives or classified advertising, is strictly prohibited. If you have questions or comments you can reach us at
High Plains Journal 1500 E. Wyatt Earp Blvd., P.O. Box 760, Dodge City, KS 67801 or call 1-800-452-7171. Email: webmaster@hpj.com

 

Archives Search







Inside Futures

Editorial Archives

Browse Archives