Toledo Grain Report
Thu, Sep 02, 2004
Spot bids for Grain Delivered to Toledo. The following quotations represent
bids ($/ bu) from terminal elevators as of 3:00 p.m. eastern.
Grain Bids Change (¢/bu) Basis Change
NOT ON THE RIVER
SRW Wheat 3.0950-3.1050 DN 5.75-DN 7.75 -13z to -12z UP 2-UNCH
Corn 2.3325-2.3725 DN 6.5 -3z to 1z UNCH
Soybeans 6.4275-6.4875 DN 8.5 14x to 20x UNCH
ON THE RIVER
SRW Wheat 3.0950-3.1050 DN 5.75-DN 7.75 -13z to -12z UP 2-UNCH
Corn 2.3725 DN 6.5 1z to 1z UNCH
Soybeans 6.4675-6.4875 DN 8.5 18x to 20x UNCH
SRW Wheat = US 2; Soybeans = US 1 Yellow; Corn = US 2 Yellow
Source: USDA-Illinois Dept of Ag Market News Springfield, IL
Ohio Cash Grain Prices At Country Elevators
Thu Sep 2, 2004
Ohio cash grain bids were lower on Thursday afternoon. Export sales at or
below expectations and a revised weather forecast with warmer temperatures
in the northern cornbelt pushed corn and soybean prices lower. Soybeans fell
8 to 18 cents to close at 6.29-6.77. Corn finished mostly 6 to 9 cents lower
at 2.18-2.29. Wheat was mostly 7 to 8 cents lower to close at 2.77-3.03.
Ohio Cash Grain Prices
US 2 WHEAT US 2 CORN US 1 SOYBEANS
Northeast 2.77-3.00 2.26-2.27 6.64-6.74
Northwest 2.80-2.91 2.20-2.27 6.44-6.77
Central 2.79-3.00 2.24-2.31 6.29-6.29
W. Central 2.89-2.93 2.18-2.26 6.34-6.53
Southwest 2.80-2.92 2.18-2.29 6.34-6.34
Ohio Terminal Grain Markets
Toledo Change Cincinnati Change
No.2 WHEAT 3.10-3.11 dn 5-7 3.03-3.13 dn 7
No.2 CORN 2.33-2.37 dn 7 2.22-2.28 dn 5-3
No.1 SOYBEANS 6.43-6.49 dn 8 6.34-6.34 dn 8-13
Ohio Contract Grain Prices for January Delivery
AREA US 2 WHEAT US 2 CORN US 1 SOYBEANS
Northeast 3.11-3.23 2.22-2.32 6.06-6.21
Northwest 3.09-3.18 2.18-2.32 6.10-6.14
Central - 2.24-2.40 6.04-6.19
W. Central 3.08-3.16 2.22-2.29 6.08-6.16
Southwest - 2.28-2.35 6.19-6.26
Source: USDA-IL Dept of Ag Market News Springfield, IL
