Malatya Haber Corn, wheat close higher
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Corn, wheat close higher

Corn and wheat closed higher Aug. 19 while soybeans traded lower, according to the National Grain Market Summary.

Corn had slight gains even though signs from the Pro-Farmer Tour continue to show mostly good signs of a record crop. Soybeans closed lower as the crop tour points to a record crop as well. Wheat received buying support to close higher.

Wheat closed mostly 4 to 6 3/4 cents higher. Corn traded 1 3/4 to 2 3/4 cents higher. Soybeans were mostly unchanged to 5 cents lower.

In the futures close, Kansas City September wheat was $6.24 1/2, up 6 3/4 cents.

Terminal wheat bids, paid for truck delivery, included Kansas City, $6.19 1/2, up 6 3/4 cents; Minneapolis, $6.66 3/4, up 8 1/2 cents; Portland, $6.76 to $6.91, up 3 1/2 cents; St. Louis, $4.98 to $5.16, up 4 to 22 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $3.69 1/2, up 1 3/4 cents; Minneapolis, $3.31 1/2, up 1 3/4 cents; southern Iowa, $3.68 1/2 to $3.77 1/2, up 2 3/4 to 1 3/4 cents; Omaha, $3.57 to $3.61, up 2 cents.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $12.77 3/4, up 5 cents; Minneapolis, $10.28 3/4, down 6 cents; southern Iowa, $11.57 3/4 to $12.45 3/4, down 5 to up 19 cents; central Illinois processors, $12.82 3/4 to $13.32 3/4, unchanged to up 15 cents.

Kansas City wheat prices Aug. 19, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $7.14 1/2 to $7.39 1/2, up 6 3/4 cents; 12% protein, $7.34 1/2 to $7.44 1/2, up 6 3/4 cents; 13% protein, $7.29 1/2 to $7.39 1/2, up 6 3/4 cents; 14% protein, $7.34 1/2 to $7.44 1/2, up 11 3/4 cents. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was unavailable.

Date: 8/25/2014



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