USDA Toledo Grain Report 07/24 14:31

USDA Toledo Grain Report                           07/24 14:31
GX_GR111
Des Moines, IA     Fri, Jul 24, 2020     USDA-IL Market News

Toledo Grain Report

Spot bids for grain delivered to Toledo.  The following quotations represent
bids ($/bu) from terminal elevators as of 3:00 p.m. eastern.

                                    OFF RIVER

Grain             Cash Bids     Bid Change (/bu)     Basis     Basis Change
SRW Wheat       5.3950-5.4450         UP 10         OptU to 5U      UNCH
Corn            3.1925-3.2125        DN 1.75        -7U to -5U      UNCH
Soybeans        8.8625-9.0425        DN 0.75        -13X to 5X      UNCH

--------------------------------------------------------------------------------

                                     ON RIVER

Grain             Cash Bids     Bid Change (/bu)     Basis     Basis Change
SRW Wheat       5.4450-5.4950         UP 10         5U to 10U       UNCH
Corn            3.2125-3.2225        DN 1.75        -5U to -4U      UNCH
Soybeans        8.9425-9.0475     DN 0.75-DN 1.5   -5X to OptQ      UNCH

SRW = US 2; Soybeans = US 1 Yellow; Corn = US 2 Yellow

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December
-------------------------------------------------------------------------------
Monthly Prices for: June  2020

Yellow Corn                                 4.0693
Yellow Soybeans                             9.1562
Yellow SRW                                  5.7755


Source:       USDA-Livestock, Poultry & Grain Market News
              Bruce Thomas, Market Reporter 515-284-4460
              www.ams.usda.gov/mnreports/gx_gr111.txt
              www.ams.usda.gov/lpsmarketnewspage

1335c         bat

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