Cash grain

Posted: Saturday, September 07, 2002

MINNEAPOLI(AP) -- Wheat receipts Friday 301, a year ago 289.

Spring wheat cash trading basis: mixed, 3 cents lower to 3 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 14-15 percent protein:

Prices: 20 1/4 to 26 1/4 cents higher from 5.31 1/2 nominal to 5.41 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, no quote

14 percent, 5.31 1/2 nominal to 5.33 1/2, up 23 1/4 to 20 1/4

14.5 percent, Combined with 14s

15 percent, 5.31 1/2 to 5.41 1/2, up 25 1/4 to 26 1/4

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: 2.68 1/4 bid, up 2 3/4

Oats U.S. 2 or better: 2.15 3/4 nominal, down 1 1/2

Barley cars 15, a year ago 33.

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

Soybeans No. 1 yellow Minneapolis: 5.56 bid, up 1 3/4



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