Cash grain

Posted: Saturday, June 29, 2002

MINNEAPOLIS (AP) -- Wheat receipts Friday 216, a year ago 279.

Spring wheat cash trading basis: mixed, 7 cents lower to 5 cents higher.

(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 14-16 percent protein:

Prices: 10 1/4 cents lower to 1 3/4 cents higher from 3.78 3/4 to 3.92 3/4.

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, no quote

14 percent, 3.85 3/4 to 3.9 3/4, down 8 1/4 to 3 1/4

14.5 percent, Combined with 14s

15 percent, 3.78 3/4 (train) to 3.92 3/4, down 10 1/4 to up 1 3/4

16 percent, 3.90 3/4 no comparison

17 percent, no quote.

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

H-A-D choice milling: no quote

balance milling: no quote



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