St. Joseph, Mo.
May 30, 2018
Report Supplied by USDA

Compared to yesterday, cash bids for wheat, corn, and soybeans were lower. Grains saw pressure today from favorable weather forecasts and early USDA crop conditions looking good. USDA said as of Tuesday 92% of corn has been planted and 72% emerged, with soybeans plantings at 77% planted and 47% emerged. Wheat was mostly 13 to 14 cents lower. Corn was mostly 6 cents lower. Soybeans were mostly 7 1/2 cents lower.

Truck Bids

WHEAT:Kansas City (HRW ORD): 5.3275-5.3575, DN 13.75-DN 10.75, yr ago 3.9675. Minneapolis: 6.4650, DN 11.50, yr ago 5.8200. Portland (SWW): 5.8000-5.9500, UNCH-DN 7.00, yr ago 4.7425-4.8500. St. Louis (SRW): 5.3200-5.3900, DN 14.00-DN 22.00, yr ago 3.9400-4.4100.

CORN, US NO 2 YELLOW: Kansas City: 3.7850-3.8350, DN 6.50, yr ago 3.6200. Minneapolis: 3.5150, DN 6.50, yr ago 3.6200. So. Iowa: 3.6550-3.7150, DN 5.50-DN 6.50, yr ago 3.5100-3.5300. Omaha: 3.7300-3.7400, DN 6.00, yr ago 3.4400-3.4600.

SOYBEANS, US NO 1 YELLOW:  Kansas City: 10.1300-10.1800, DN 7.50-DN 2.50, yr ago 8.9600. Minneapolis: 9.7300, DN 7.50, yr ago 8.8200. So. Iowa: 9.8600-9.8900, DN 9.50, yr ago 8.9800-9.0500. Cent. Il Processor: 10.0300-10.1100, DN 7.50, yr ago 9.0400-9.1600.

Futures

Kansas City Wheat (Jul): 5.4075, DN 15.75, yr ago 4.3175.

Minneapolis Wheat (Jul): 6.1150, DN 16.50, yr ago 5.7200.

Chicago Wheat (Jul): 5.2200, DN 14.50, yr ago 4.2925.

Chicago Corn (Jul): 3.9350, DN 6.50, yr ago 3.7200.

Chicago Soybeans (Jul): 10.2300, DN 7.50, yr ago 9.1600.

Source: USDA-MO Dept. of Ag Market News Service, St. Joseph, MO. Dillan Howe, Market Reporter (816) 676-7000.