Compared to last week, cash bids for wheat, corn, soybeans and sorghum were mostly lower. Export sales for week ending February 21st totalled 48.8 million bushels of corn, 80.7 million bushels of soybeans, and 17.5 million bushels of wheat. Ethanol production for the week ending February 21st saw a 33,000 barrel per day increase compared to the week prior. Wheat was 35 cents lower to 17 cents higher. Corn was four to 14 cents lower. Sorghum was 17 to 24 cents lower. Soybeans were four to 14 cents lower.
Source: USDA-MO Dept of Ag Market News Service, St. Joseph, Mo.