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Montana Grain Market Report

BILLINGS - May 11/04 - SNS -- USDA review of closing elevator bids in Montana for wheat, durum, feed and malting barley and oats.


Montana Grain Report

Closing elevator bids: Compared to Monday, Winter Wheat was 9 cents lower;
Spring Wheat 4 to 5 lower; Durum Wheat, Malt Barley, Feed Barley, and
Oats steady.  Wheat prices are in dollars per bushel.

                        *Montana cash prices*
                   US 1 Hard Red Winter Wheat                    US 1 Durum
                  Ordinary   11 pct     12 pct     13 pct          13 pct
Billings Area     3.56-3.66  3.57-3.67  3.58-3.68  3.73-3.83
Golden Triangle   3.59-3.76  3.63-3.76  3.67-3.80  3.76-3.86        4.10-4.15
Great Falls Area  3.65-3.68  3.68-3.71  3.74-3.78  3.78-3.82        4.20
Northcentral Mt   3.61-3.64  3.61-3.64  3.63-3.71  3.71-3.79
Northeast Mt      3.35-3.39  3.39-3.41  3.43-3.53  3.53-3.63        3.95-4.05
Southeast Mt      3.21-3.38  3.21-3.42  3.29-3.46  3.37-3.56

                US 1 Dark Northern Spring Wheat     US 1 Soft White
                  13 pct     14 pct     15 pct         Wheat
Billings Area     3.94-4.04  4.06-4.16  4.10-4.20
Golden Triangle   4.02-4.07  4.14-4.16  4.18-4.24
Great Falls Area  3.95-3.96  4.08-4.15  4.16-4.27
Northcentral Mt   3.93-4.01  4.05-4.16  4.13-4.24
Northeast Mt      3.71-3.80  3.82-3.92  3.91-4.00
Southeast Mt      3.59-3.80  3.71-3.92  3.79-4.00
Southwest Mt      na         na         na

                US 1 Malt Barley  US 2 Feed        US 2
                 Harr/cwt         Barley/cwt      Oats/cwt
Billings Area                     na               na
Golden Triangle   5.25-5.75       4.10-4.25
Great Falls Area  5.25            4.05-4.50
Northcentral Mt                   3.90-4.05
Northeast Mt      5.25            3.65-3.85        4.68
Southeast Mt                      3.85
Southwest Mt                      na

*Prices not necessarily representative of all terminals within MT.

Source:  USDA Market News Service, Billings, MT          406-657-6285.

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