MS_GR110 Minneapolis, MN Thu Apr 11, 2019 USDA Market News Minneapolis Daily CASH Grain Report Actual wheat receipts on the exchange floor: Today's were 27 cars which included 0 trains. Last year's were 76 cars which included 2 trains. Minneapolis Daily Exchange Grain Prices Delivered Chicago/Beyond: Spot No. 1 Northern/Dark Northern Spring Wheat 12 to 15 pct protein wheat was 3 to 18 cents higher from 6.4325N-6.7325. The Spring Wheat basis was steady to 15 cents higher. ***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 6.4825N up 3 5.5825 - - 13.5 Pct 6.4325N up 3 - - - - 14 Pct 6.5325 6.5825 up 13-18 5.5825 - - 14.5 Pct 6.5325 up 18-13 - - - - 15 Pct 6.4325N 6.7325 up 3 5.5825 - - 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 - - 5.2050 12 Pct No Quote - - 5.3050 13 Pct No Quote - - 5.3050 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 - - - - US 2 No Quote - - - - Barley: US 2 Feed Dul No Quote - - - - Mpls 3.0000B unch 3.0000 US 2 Yellow Corn Mpls No Bid - - 3.2400 More corn bids: Jun 3.2675; Jul 3.2875; Oct 3.355; Nov 3.415; . US 1 Yellow Soybeans Mpls No Bid - - 8.3125 More soybean bids: Jun 8.4475; Jul 8.4775; Oct 8.5225; Nov 8.6025; . Oats: TRUCK 20 Day To-Arrive US 2 or Better 2.9100 - 3.4000 No Quote - - RAIL 20 Day To-Arrive 2.9100 - 3.4000 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 Mar 2019 AVERAGES Average prices are for spot market unless otherwise denoted. MGEX wheat/Delivered Chicago/Beyond No 1 DNS Wheat 13% protein 7.2513 14% protein 7.1915 15% protein 7.2384 No 1 Hard Amber Durum No Quote Minneapolis Based Price Rye Spot No Quote To-Arrive No Quote No 2 Yellow Corn 3.2525 No 2 Heavy Oats 3.1783 No 3 or better Malting Barley No Quote No 2 Feed Barley 2.6000 No 1 Yellow Soybeans 8.1688 Source: USDA Market News Service, Minneapolis, MN Carol Meinders 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 13:34 c cam