Cash grain

Posted: Friday, September 29, 2000

MINNEAPOLIS (AP) -- Wheat receipts Thursday 210, a year ago 150.

Spring wheat cash trading basis: mixed, 5 cents lower to 18 cents higher, mostly steady to 18 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: mostly 2 to 20 cents higher from 3.34 1/2 to 3.96 1/2 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, 3.34 1/2 up 20 to 8

14 percent, 3.49 1/2 to 3.51 1/2 up 20 to 12

14.5 percent, 3.56 1/2 to 3.61 1/2 down 3 to up 2

15 percent, 3.81 1/2 nominal to 3.96 1/2 nominal up 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.



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