Cash grain

Posted: Tuesday, June 05, 2001

MINNEAPOLIS (AP) -- Wheat receipts Monday 131, a year ago 125.

Spring wheat cash trading basis: mixed, 11 1/2 cents lower to 3 1/2 cents higher from 3.72 to 4.17.

(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 13-15 percent protein:

Prices: 5 cents lower to 10 cents higher.

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, 3.72 to 3.82 down 11 1/2 to 1 1/2

14 percent, 3.82 down 6 1/2 to 11 1/2

14.5 percent, 3.87 to 3.92 no comp

15 percent, 4.07 to 4.17 up 3 1/2 to down 6 1/2

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

Corn No. 2 yellow Minneapolis: 1.70 3/4 bid down 4

Soybeans No. 1 yellow Minneapolis: 4.41 bid up 1



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