Cash grain

Posted: Saturday, January 05, 2002

MINNEAPOLIS (AP) -- Wheat receipts Friday 205, a year ago 265.

Spring wheat cash trading basis: steady to 10 cents lower.

(Prices reflect No. 1 milling quality only. Milling quality is defined as: 275 or better falling numbers; 58 lbs or better; 13.5 percent or less moisture; 1.5 percent or less damage, 1.5 percent or less dockage and 2.0 ppm or less vomitoxin.)

No. 1 dark 13-16 percent protein: mixed, 7 1/4 cents lower to 2 3/4 center higher.

Prices: 3.52 1/2 to 3.67 1/2.

Test weight premiums: 0 to 1 cent each 1/2 pound 58 to 60 lbs; 1 to 2 cent discount for each 1/2 pound 58 to 56 lbs. Non-milling discounts: .85 to 1.75 cents.

Protein prices: 11 percent, no quote;

12 percent, no quote;

13 percent, 3.52 1/2 no comparison;

14 percent, 3.57 1/2 to 3.62 1/2 up 2 3/4;

14.5 percent, combined with 14s

15 percent, 3.62 1/2 up 2 3/4 to down 7 1/4;

16 percent, 3.67 1/2 no comparison;

17 percent, no quote.

Hard red winter wheat: 12 percent protein no quote; 13 percent no quote.

Number traded: milling 0 cars; top traded milling 0 cars.

Off grade as low as no quote Minneapolis, no quote. Discounts, amber 5 to 10 cents; durum 10 to 40 cents.

Corn No. 2 yellow Minneapolis: 1.85 1/2 bid unchanged

Oats U.S. 2 or better: no quote

Barley cars 37, a year ago 33.



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