MS_GR110 Minneapolis, MN Thu Oct 05, 2017 USDA Market News Minneapolis Daily CASH Grain Report Actual wheat receipts on the exchange floor: Today's were 11 cars which included 0 trains. Last year's were 48 cars which included 0 trains. Minneapolis Daily Exchange Grain Prices Delivered Chicago/Beyond: Spot No. 1 Northern/Dark Northern Spring Wheat 12 to 15 pct protein wheat was 5.50 cents higher from 6.7550N-7.1550N. The Spring Wheat basis was steady. ***PLEASE NOTE: Prices prior to Jan 4, 2010 were for Minneapolis beyond; the provided freight rate differential to Minneapolis is for Minneapolis unload. Only the spot wheat/durum rail market is being quoted delivered Chicago/Beyond. The to-arrive wheat is truck delivered and on a Minneapolis or Duluth based market. NOTE: The 13.5 and 14.5 pct protein category will be added on days when it can more clearly represent the value of the 14's. Prices Reflect No. 1 Milling Quality Only. Milling Quality is defined as 300 or better Falling Numbers; 58 lbs or better test weight; 13.5 pct or less Moisture; 1.5 Pct or less Damage; 1.5 Pct or less Dockage and 2.0 ppm or less vomitoxin. RAIL - Spot Change TRUCK Wheat on MGEX Floor/Delivered Chicago/Beyond 20 Day To-Arrive US 1 Milling DNS/NS Wheat Mpls Dul 11 Pct No Quote - - - - - - 12 Pct No Quote - - - - - - 13 Pct 6.7550N up 5.5 5.9550 - - 13.5 Pct 6.9050N up 5.5 - - - - 14 Pct 7.1050N -7.1550 N up 5.5 6.2050 - - 14.5 Pct 7.0550N -7.1550 N up 5.5 - - - - 15 Pct No Quote - - 6.3050 - - 16 Pct No Quote - - - - - - 17 Pct No Quote - - - - - - *Train Balance Spring Wheat - 13 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 14 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - Balance Spring Wheat - 15 pct US 1 No Quote - - US 2 No Quote - - US 3 No Quote - - *Train The Balance Spring Wheat does not meet domestic milling specifications and is traded at a basis price with market discounts on other grade factors. US 1 Hard Red Winter Wheat Mpls 10 Pct No Quote - - 11 Pct No Quote - - 4.5425 12 Pct No Quote - - 4.6425 13 Pct No Quote - - 4.6425 14 Pct No Quote - - Milling Durum: 0 Cars traded with 0 at the Top Choice MilNo Quote - - Balance MiNo Quote - - Terminal -No Quote - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The following information is quoted Minneapolis, NOT Chicago/Beyond. RAIL - Spot Change TRUCK-To-Arrive Rye: Mpls US 1 PlumpNo Quote - - 3.9000 US 2 No Quote - - 3.9000 Barley: US 2 Feed Dul No Quote - - - - Mpls 2.1000B unch 2.1000 US 2 Yellow Corn Mpls 2.6750B up 9.25 2.7250 More corn bids: F/H Nov 2.895; L/H Apr 3.355; May 3.375; Jun 3.4325; Jul 3.4525 . US 1 Yellow Soybeans Mpls 8.8325B up 13 8.8725 More soybean bids: F/H Nov 9.0425; L/H Apr 9.55; May 9.57; Jun 9.625; Jul 9.645 . Oats: TRUCK 20 Day To-Arrive US 2 or Better 2.8125 - 3.0725 No Quote - - RAIL 20 Day To-Arrive 2.8125 - 3.0725 Malting Barley - 2.0 ppm or less vomitoxin Robust 70 Pct Btr Plump No Quote - - - -** **To-Arrive Malting barley is Rail delivered Minneapolis for 1.0 ppm vomitoxin with discounts to apply. Mpls=Minneapolis Dul=Duluth N=Nominal R/O= River Open A=Asked B=Bid NB=No Bid NQ=No Quote NC=New Crop August 2017 AVERAGES Average prices are for spot market unless otherwise denoted. MGEX wheat/Delivered Chicago/Beyond No 1 DNS Wheat 13% protein 7.4295 14% protein 7.6357 15% protein 7.9589 No 1 Hard Amber Durum No Quote Minneapolis Based Price Rye Spot No Quote To-Arrive 3.9478 No 2 Yellow Corn 3.0733 No 2 Heavy Oats 2.9683 (20 Day To-Arrive Average) No 3 or better Malting Barley 4.7000 (20 Day To-Arrive Average) No 2 Feed Barley 2.0978 No 1 Yellow Soybeans 9.1545 Source: USDA Market News Service, Minneapolis, MN 612-370-3258 Minnesota.LPGMN@ams.usda.gov 24 hour price information 612-370-3260 www.ams.usda.gov/mnreports/ms_gr110.txt www.ams.usda.gov/lpsmarketnewspage 13:36c kmb