Cash grain

Posted: Saturday, July 22, 2000

MINNEAPOLIS (AP) -- Wheat receipts Friday 225, a year ago 156.

Spring wheat cash trading basis: mixed, 10 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 13-15 percent protein:

Prices: mixed, 11 cents lower to 4 cents higher from 3.04 3/4 to 3.89 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, 3.04 3/4 to 3.14 3/4 nominal down 11 to 1

14 percent, 3.29 3/4 to 3.34 3/4 down 1

14.5 percent, 3.54 3/4 to 3.59 1/2 down 1 to up 4

15 percent, 3.79 3/4 to 3.89 3/4 down 6 to 1

16 percent, no quote;

17 percent, no quote.



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