MINNEAPOLIS (AP) -- Wheat receipts Wednesday 170, a year ago 220.
Spring wheat cash trading basis: steady to 5 cents lower.
(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 13-16 percent protein:
Prices: 1 to 6 cents lower from 3.61 1/2 to 3.84 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, 3.61 1/2 to 3.64 1/2 nominal down 4 to 1
14 percent, 3.64 1/2 to 3.67 1/2 down 6 to 3
14.5 percent, combined with 14's
15 percent, 3.74 1/2 to 3.84 1/2 down 1
16 percent, 3.84 1/2 no comparison
17 percent, no quote.
Hard red winter wheat: 12 percent protein no quote; 13 percent no quote.
Corn No. 2 yellow Minneapolis: 1.92 1/2 bid up 1 1/2
Soybeans No. 1 yellow Minneapolis: 4.35 1/4 bid up 2
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