Compared to last week, cash bids for wheat and soybeans were mixed, corn and sorghum were mostly higher. Ethanol production for week ending March 8th totaled 1.005 million barrels per day, a 19 million barrel decrease compared to the week prior. Export sales for week ending March 7th totaled 14.6 million bushels of corn, 70.3 million bushels of soybeans, and 9.7 million bushels of wheat. Wheat was 25 to cents lower to 30 cents higher. Corn was five to 10 cents higher. Sorghum was nine to 19 cents higher. Soybeans were four cents lower to three cents higher.
Source: USDA-MO Dept of Ag Market News Service, St. Joseph, Mo.