Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Tue, May 07, 2013     USDA-KY Dept of Ag Market News

***NOTICE: In order to better serve both the public and industry stakeholders, the geographic regions of this report 
have been consolidated into 5 marketing regions.  Those regions are defined at the bottom of this report***

Kentucky Daily Grain Elevators Bids:
Bids as of 4:00 est, cash prices by elevators/mills to producers:

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        6.9500-6.9650   UP 3.5-DN 2.25    55N to 20K         UNCH
Green River     6.6800-6.8200    DN 10.5-UP 2     28N to 42N     DN 14-DN 1.5
Pennyrile       6.9500-7.0000   UP 3.5-UP 0.5     55N to 60N      UNCH-DN 3
Louisville      6.9000-6.9200   UP 3.5-UP 0.5     50N to 52N      UNCH-DN 3
Bluegrass       6.8500-7.0500     UP 5-DN 2       45N to 65N    UP 1.5-DN 5.5

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile             NA              NA

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.5225-14.5725      UP 46         70N to 75N         UNCH
Green River        14.6725          UP 46            85N             UNCH
Pennyrile          14.5225          UP 46            70N          UNCH-DN 1
Louisville     13.6325-14.8425   UP 45-UP 52     -19N to 102N     DN 1-UP 6
Bluegrass      14.2225-14.4000   UP 46-UP 30    40N to 57.75N     UNCH-DN 16

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.8900-6.9900      UP 6.25       -20N to -10N        UNCH
 (Milling Qlty)     7.2200         UP 6.25           13N             UNCH
Louisville      6.5800-7.1400  UP 6.25-UP 1.25    -51N to 5N      UNCH-DN 5
Bluegrass           6.8300           UP 7            -26N          UP 0.75

                             US NO 2 MILO EXTRA HEAVY
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile       4.0000-4.1000        UNCH
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        5.2425-5.4150    UP 1-UP 1.75    -15Z to -20U        UNCH
Green River         5.3125           UP 1            -8Z             UNCH
Pennyrile       5.1925-5.3925        UP 1        -20Z to OptZ        UNCH
Louisville      5.1425-5.1925        UP 1        -25Z to -20Z        UNCH
Bluegrass           5.0925           UP 1            -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.0700           UP 2

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.1250-12.1450     UP 7.25       -2X to OptX         UNCH
Green River        12.1450         UP 7.25           OptX            UNCH
Pennyrile      11.9450-12.0950 UP 7.25-UP 17.25  -20X to -5X      UNCH-UP 10
Louisville     11.5350-11.9450 UP 7.25-UP 8.25   -61X to -20X     UNCH-UP 1
Bluegrass          11.7450         UP 7.25           -40X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.9900-7.1100      UP 6.25        -10N to 2N         UNCH
Green River         7.0900         UP 6.25           OptN            UNCH
Pennyrile       6.9400-6.9900  UP 36.25-UP 6.25  -15N to -10N        UNCH
 (Milling Qlty)     7.2200         UP 6.25           13N             UNCH
Louisville      6.5700-7.0800  UP 5.25-UP 7.25   -52N to -1N      DN 1-UP 1
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile             NA              NA

Purchase- Inland elevators west of Tennesse River
Green River- Inland elevators near the Green River
Pennyrile- South west KY East of Tennessee River, west of I-65
Louisville-Elevators near the Louisville area
Bluegrass- Central Kentucky/Lexington area

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

1655E          kdb

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