Weekly National Grain Market Review
Compared to last week, cash bids for wheat, corn, soybeans, and sorghum were lower. 
 The general trend for Friday morning futures seems to be positive.  This may be 
influenced by weather concerns on the east coast with hurricane Florence making 
landfall.  Another round of trade talks between the US and China are set to take 
place in coming days/weeks, and seem to have a more optimistic tone with hopes of 
reaching an agreement.  Weekly export sales of corn totaled 30.5mbu of corn, 25.5mbu 
of soybeans, and 14.2 mbu of wheat.  Wheat was from 9 3/4 to 49 3/4 cents lower. 
 Corn was 11 3/4 to 31 3/4 cents higher.  Sorghum was 28 to 62 cents lower.  Soybeans 
were 6 to 26 cents lower.

   WHEAT:  Kansas City US No 1 Hard Red Winter, ordinary protein rail bid was 20 
cents lower from 5.66 3/4-5.81 3/4 per bushel.  Kansas City US No 2 Soft Red winter 
rail bid was not quoted.  St. Louis truck US No 2 Soft Red Winter terminal bid was 16 
cents lower from 4.58-4.67 per bushel.  Minneapolis and Duluth US No 1 Dark Northern 
Spring, 14.0 to 14.5 percent protein rail, was 9 3/4 to 49 3/4 cents lower from 6.12-
6.17 per bushel.  Portland US Soft White wheat rail was 10 cents lower from 5.80-5.90 
per bushel.

   CORN:  Kansas City US No 2 rail White Corn was 12 to 14 3/4 cents lower from 3.48 
3/4-3.55 3/4 per bushel.  Kansas City US No 2 truck Yellow Corn was 15 3/4 cents 
lower from 3.20 1/2-3.25 1/2 per bushel.  Omaha US No 2 Yellow Corn was 17 to 20 
cents lower from 3.08-3.21 per bushel.  Chicago US No 2 Yellow Corn was 15 3/4 to 31 
3/4 cents lower from 2.85 1/2-3.00 1/2 per bushel.  Toledo US No 2 rail Yellow corn 
was 20 3/4 cents lower from 3.10 1/2-3.20 1/2 per bushel.  Minneapolis US No 2 Yellow 
corn rail was 11 3/4 cents lower at 2.90 1/2 per bushel.

   OATS AND BARLEY:  US 2 or Better oats, rail bid to arrive at Minneapolis 20 day 
was 4 1/2 cents lower from 2.65 1/2-3.02 1/2 per bushel.  US No 3 or better rail 
malting Barley, 70 percent or better plump out of Minneapolis was not quoted.  
Portland US 2 Barley, unit trains and Barges-export was not quoted.

   SORGHUM:  US No 2 yellow truck, Kansas City was 28 cents lower at 5.37 per cwt.  
Texas High Plains US No 2 yellow sorghum (prices paid or bid to the farmer, fob 
elevator) was 28 to 62 cents lower from 6.08-6.36 per cwt.

   OILSEEDS:  Minneapolis Yellow truck soybeans were 18 cents lower at 7.16 1/4 per 
bushel.  Illinois Processors US No 1 Yellow truck soybeans were 11 to 26 cents lower 
from 7.68 1/4-7.78 1/4 per bushel.  Kansas City US No 2 Yellow truck soybeans were 6 
cents lower at 7.88 1/4 per bushel.  Illinois 48 percent soybean meal, processor rail 
bid was 0.50 points lower to 0.50points higher from 320.40-322.40 per bushel.  
Central Illinois Crude Soybean oil processor bid was 0.76 to 1.26 lower from 27.02-
27.27 per cwt.