0826_GrainmktsummaryMR_ko.cfm Malatya Haber Grains give back part of gains
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Grains give back part of gains

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Grains on Aug. 27 gave back a portion of their sharp gains from the previous day, according to the National Grain Market Summary.

There was profit taking as light showers across Michigan and Ohio and cooler temperatures are in the forecast for next week, but high temperatures and dry conditions will remain the rest of this week.

Wheat closed 1 to 6 cents lower. Corn traded 6 to 16 cents lower. Soybeans closed 14 to 29 cents lower.

In the futures close, Kansas City September wheat was $7.07 1/4, up down 1 cent.

Terminal wheat bids, paid for truck delivery, included Kansas City, $7.07 to $7.12, down 1 cents; Minneapolis, $7.69 1/2, up 1/4 cent; Portland, $7.38 3/4 to $7.40 3/4, up 2 to down 4 1/4 cents; St. Louis, $6.38, down 6 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $5.85 to $5.86, down 16 cents; Minneapolis, $6.01 3/4, down 9 cents; southern Iowa, $6.09 3/4 to $6.23 3/4, down 6 to 16 cents; Omaha, $6.50, down 6 to 11 cents.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $15.11, down 29 cents; Minneapolis, $14.26 1/2, down 17 cents; southern Iowa, $14.25 1/2 to $14.96, down 14 to 24 cents; central Illinois processors, $15.10 1/2 to $15.30 1/2, down 19 cents.

Kansas City wheat prices Aug. 27, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $7.97 1/4 to $8.47 1/4, down 1 cent; 12% protein, $8.37 1/4 to $8.47 1/4, down 1 cent; 13% protein, $8.17 1/4 to $8.47 1/4, down 1 cent; 14% protein, $8.17 1/4 to $8.27 1/4, down 1 cent. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was $5.44 to $5.63, down 9 to 2 cents.

Date: 9/02/2013



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