Cash grain

Posted: Tuesday, August 01, 2000

MINNEAPOLIS (AP) -- Wheat receipts Monday 163, a year ago 221.

Spring wheat cash trading basis: mixed, 6 cents lower to 1 cent 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 14-15 percent protein:

Prices: 1 to 7 cents lower from 2.92 3/4 bid to 3.77 3/4 nominal.

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, 2.92 3/4 bid to 2.97 3/4 asked down 1 to 7

14 percent, 3.17 3/4 nominal to 3.22 3/4 down 2 to 1

14.5 percent, 3.47 3/4 no comparison

15 percent, 3.72 3/4 nominal to 3.77 3/4 nominal down 2

16 percent, no quote;

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

terminal Minneapolis no quote;

Duluth: 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: 1.43 1/4 bid up 5

Milling Oats No. 1 & 2: no quote

Non-milling oats: no quote

Barley cars 52, a year ago 89.

Malting 70 Pl: no quote

MorexRobust: no quote

Excel: no quote

No. 2 feed barley Duluth: no bid

Minneapolis: 1.30 bid

Rye No. 1 Pl: no quote; No. 2: no quote

Soybeans No. 1 yellow Minneapolis: 4.33 bid down 4



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