MS_GR110
Minneapolis, MN    Tue  Jun 30, 2009    USDA Market News

Minneapolis Daily CASH Grain Report
  Receipts                   Rail
                     Jun 30           Year Ago
  Wheat                   32             27
  Durum                   30             18
  Corn                     0             0
  Oats                     0             0
  Barley                   1             0
  Rye                      0             0
  Soybeans                 0             0
  Sunflowers               0             0

Minneapolis Daily Grain Prices: Spot No. 1 Northern/Dark Northern Spring Wheat
13 to 15 pct protein wheat was 12.75 to 37.75 cents lower from 6.4375-8.0875B.
The Spring Wheat basis was mixed, 15 cents lower to 10 cents higher.

NOTE: The 13.5 and 14.5 pct protein category will be added on days when it can
more clearly represent the value of the 14's.

Prices Reflect No. 1 Milling Quality Only.  Milling Quality is defined as
300 or better Falling Numbers; 58 lbs or better test weight; 13.5 pct or less
Moisture; 1.5 Pct or less Damage; 1.5 Pct or less Dockage and 2.0 ppm or less
vomitoxin.
           RAIL - Spot                               TRUCK
           Mpls/Dul              Change                    Bid To Arrive
                                                    20 Day
US 1 Milling DNS/NS Wheat                             Mpls  Dul
  12 Pct   No Quote              - -                   - -  - -
  13 Pct    6.4375  -6.5375      dn 22.75-17.75      5.9875 - -
  13.5 Pct  6.5875* -6.9375 N    dn 27.75-22.75        - -  - -
  14 Pct    7.0375  -7.2875      dn 22.75-37.75      6.5875 - -
  14.5 Pct No Quote              - -                   - -  - -
  15 Pct    7.8375N -8.0875 B*   dn 22.75-12.75      6.9875 - -
  16 Pct   No Quote              - -                   - -  - -
  17 Pct   No Quote              - -                   - -  - -
  18 Pct   No Quote              - -                   - -  - -
    *Train

Balance Spring Wheat - 13 pct
  US 1     No Quote              - -
  US 2     No Quote              - -
  US 3     No Quote              - -
Balance Spring Wheat - 14 pct
  US 1     No Quote              - -
  US 2     No Quote              - -
  US 3     No Quote              - -
Balance Spring Wheat - 15 pct
  US 1     No Quote              - -
  US 2     No Quote              - -
  US 3     No Quote              - -
 *Train
The Balance Spring Wheat does not meet domestic milling specifications
and is traded at a basis price with market discounts on other grade
factors.
US 1 Hard Red Winter Wheat                            Mpls
  10 Pct   No Quote              - -
  11 Pct   No Quote              - -                 5.1875
  12 Pct   No Quote              - -                 5.6875
  13 Pct   No Quote              - -                 5.8375
  14 Pct   No Quote              - -

Milling Durum:    0  Cars traded with 0 at the Top
 Choice MilNo Quote              - -
 Balance MiNo Quote              - -
 Terminal -No Quote              - -
 Dul       No Quote              - -

Durum traded from/at - -  As Is.

Rye:                                                  Mpls
 US 1 PlumpNo Quote              - -                   - -
 US 2      No Quote              - -                   - -

Barley:                                               Mpls
 US 2 Feed
 Dul       No Quote              - -                  - -
 Mpls       2.2500B              dn 0.25             2.2500

US 2 Yellow Corn                                      Mpls
 Mpls       3.3150B              dn 28.5             3.3150
More corn bids:  Aug 3.325; Sep 3.185; N/C 3.1425.

US 1 Yellow Soybeans                                  Mpls
 Mpls      11.9725B              dn 14.75           11.9725
More soybean bids:  Aug 11.2125; Sep 9.68; N/C 9.37.

Oats:                                                 Mpls
 US 2 or Better                                      2.2500-2.3000
                  RAIL - Spot                         RAIL
                  Mpls/Dul       Change             Bid to Arrive Mpls
                                                    20 Day
Oats:      No Quote              - -                 2.2500-2.3000

Malting Barley - 2.0 ppm or less vomitoxin
 Robust   70 Pct Btr Plump
           No Quote              - -                 4.2500**

**To-Arrive Malting barley is Rail delivered Minneapolis for 1.0 ppm
   vomitoxin with discounts to apply.
                 Mpls=Minneapolis  Dul=Duluth  N=Nominal  R/O= River Open
                  A=Asked  B=Bid   NB=No Bid   NQ=No Quote   NC=New Crop

May 2009 AVERAGES
Average prices are for spot market unless otherwise denoted.
Minneapolis
 No 1 DNS Wheat      13% protein 7.5150
                     14% protein 8.1300
                     15% protein 9.1075
 No 1 Hard Amber Durum           No Quote
 Rye                 Spot        No Quote
                     To-Arrive   4.2500
 No 2 Yellow Corn                3.9300
 No 2 Heavy Oats                 2.3275            (20 Day To-Arrive Average)
 No 3 or better Malting Barley   4.2925            (20 Day To-Arrive Average)
 No 2 Feed Barley                2.8550
 No 1 Yellow Soybeans            11.3525
 **Monthly averages are rounded to the nearest cent.

Source:   USDA Market News Service, Minneapolis, MN
          612-370-3258
          24 hour price information  612-370-3260
          www.ams.usda.gov/mnreports/MS_GR110.txt

13:52     C       cam