Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Wed, Mar 20, 2013     USDA-KY Dept of Ag Market News

Kentucky Daily Grain Elevators Opening Bids:
Opening bids for Wed, Mar 21, 2013 by elevators/mills to farmers:

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         7.5225           DN 1.75      20K                 DN 6
Pennyrile          7.6725-7.9225    UP 4.25      35K to 60K          UNCH
Purchase           7.6725           UP 4.25      35K                 UNCH
Central Bluegrass  7.4625-7.5825    UP 4.25      14K to 26K          UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.7725-7.8225    UP 4.25      45K to 50K          UNCH
Lincoln Trail      7.4025-7.5425    UP 10.25-UP 18K to 22K           UP 6-UP 10

                                US NO 2 WHITE CORN
                   Bids             Change
Louisville         NA               NA
Pennyrile          8.1300           UP 4
Purchase           NA               NA
Central Bluegrass  NA               NA
Cumberland Lake    NA               NA
Mammoth Cave       NA               NA
Lincoln Trail      NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         14.3475          UP 18        15K                 UP 4
Pennyrile          14.4475          UP 14        25K                 UNCH
Purchase           14.3975          UP 14        20K                 UNCH
Central Bluegrass  13.9075-14.2675  UP 17-UP 14  -29K to 7K          UP 3-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       14.2975-14.3475  UP 14        10K to 15K          UNCH
Lincoln Trail      14.0975          No Comp      -10K                No Comp

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.4800           UP 5.5       12K                 DN 9
Pennyrile          7.3600           UP 14.5      OptK                UNCH
 (Milling Quality) 7.3900           UP 14.5      3K                  UNCH
Purchase           7.5100           UP 14.5      15K                 UNCH
Central Bluegrass  7.0700-7.2200    UP 16.5-UP 14-29K to -14K        UP 2-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.2600-7.3600    UP 14.5      -10K to OptK        UNCH
Lincoln Trail      NA               NA           NA                  NA

                             US NO 2 MILO EXTRA HEAVY
                   Bids             Change       Basis               Change
Mammoth Cave       NA               NA           NA                  NA

                                US NO 2 FEED BARLEY
                   Bids             Change
Mammoth Cave       4.2500           UNCH
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         5.4900           UP 5.25      -18z                UNCH
Pennyrile          5.5700-5.7000    UP 5.25-UP 5 -10z to -25u        UNCH
Purchase           5.4200           DN 23        -25z                UNCH
Central Bluegrass  5.3700-5.4200    UP 5.25      -30Z to -25z        UNCH
Mammoth Cave       5.4700-5.5200    UP 5.25      -20z to -15z        UNCH

                                US NO 2 WHITE CORN
                   Bids             Change
Pennyrile          6.5500           UP 5
Mammoth Cave       NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         12.4500          UP 6         -16x                UNCH
Pennyrile          12.2100-12.5600  UP 6         -40x to -5x         UNCH
Purchase           12.6100          UP 6         Optx                UNCH
Central Bluegrass  12.0500-12.2100  UP 6         -56x to -40x        UNCH
Mammoth Cave       12.4100-12.4600  UP 6         -20x to -15x        UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.3200           UP 12.5      -2n                 DN 2
Pennyrile          7.1900-7.2900    UP 14.5      -15n to -5n         UNCH
 (Milling Quality) 7.3700           UP 14.5      3n                  UNCH
Purchase           7.3400           UP 14.5      Optn                UNCH
Central Bluegrass  6.8400           UP 14.5      -50N                UNCH
Mammoth Cave       6.9900-7.0400    UP 14.5      -35n to -30n        UNCH

                                US NO 2 FEED BARLEY
                   Bids             Change
Pennyrile          NA               NA
Mammoth Cave       NA               NA

Source: USDA-KY Dept of Ag Market News Service, Frankfort, KY
        ajt  502-564-4896 ext 251

1741C              ajt

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