1/24/97 -- 4:45 PM

MP Cash Grain,


MINNEAPOLIS (AP) - Wheat receipts Friday 208, a year ago 237. Spring wheat cash trading basis was mixed, from 5 cents lower to 1 cents higher. (Prices reflect No. 1 milling quality only. Milling quality is defined as: 2.75 or better falling numbers; 58 lbs or better; 13.5 percent or less moisture; 1.2 percent or less damage and 1.5 percent or less dockage.)

No. 1 dark 13-15 percent protein was mixed, from 3 1/2 cents lower to 2 1/2 cents higher. Prices 4.59 3/4 to 4.94 3/4.

Test weight premiums: 0 to 1 cent each 1/2 pound 58 to 60 lbs; 1 to 2 cent discount for each 1/2 pound 58 to 56 lbs. Non-milling discounts: .85 to 1.75 cents.

Protein prices: 11 percent, no quote; 12 percent, no quote; 13 percent, 4.59 3/4 up 1 1/2; 14 percent, 4.59 3/4 to 4.65 3/4 bid down 3 1/2 to up 2 1/2; 15 percent, 4.94 3/4 up 1 1/2; 16 percent, no quote; 17 percent, no quote.

Hard red winter wheat: 12 percent protein no quote; 13 percent no quote.

H-A-D choice milling: no quote; balance milling 5.40 nominal unchanged; terminal Minneapolis no quote; Duluth no quote. Number traded: milling 0 cars; top traded milling 0 cars. Off grade as low as no quote Minneapolis, no quote. Discounts, amber 5 to 10 cents; durum 10 to 40 cents.

Corn No. 2 yellow Minneapolis: 2.53 3/4 bid up 2 1/2.

Milling Oats No. 1 & 2: no quote. Non-milling oats no quote. Barley cars 29, a year ago 68. Malting 70 Pl, MorexRobust no quote; Excel no quote. No. 2 feed barley Duluth 2.00 bid unchanged. Minneapolis 2.10 bid unchanged.

Rye No. 1 Pl no quote; No. 2 no quote.

Soybeans No. 1 yellow Minneapolis: 7.14 1/2 bid up 6 1/4.

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