Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Fri, May 10, 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            6.9125         DN 12.5           55N             UNCH
Green River     6.7100-6.7825    DN 3-DN 12.5   34.75N to 42N    UP 9.5-UNCH
Pennyrile       6.9125-6.9625      DN 12.5        55N to 60N         UNCH
Louisville      6.9225-6.9400  DN 12.5-DN 12.75 56N to 57.75N    UNCH-DN 0.25
Bluegrass       6.9000-7.1600     DN 10-DN 7   53.75N to 79.75N UP 2.5-UP 5.5

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile             NA              NA

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.7400-14.8900     DN 9.75        75N to 90N         UNCH
Green River        14.8900         DN 4.75           90N             UP 5
Pennyrile          14.6900         DN 9.75           70N             UNCH
Louisville     13.8100-15.0200 DN 8.75-DN 6.75   -18N to 103N     UP 1-UP 3
Bluegrass      14.3900-14.6000   DN 9.75-DN 5     40N to 61N     UNCH-UP 4.75

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.8425-6.9425      DN 19.25      -20N to -10N        UNCH
 (Milling Qlty)     7.1725         DN 19.25          13N             UNCH
Louisville      6.4725-7.0400  DN 21.25-DN 14.5 -57N to -0.25N   DN 2-UP 4.75
Bluegrass           6.8000          DN 20          -24.25N         DN 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        5.1450-5.3450   DN 12-DN 51.5    -15Z to -20U     UNCH-DN 40
Green River         5.2150          DN 12            -8Z             UNCH
Pennyrile       5.0950-5.2950       DN 12        -20Z to OptZ        UNCH
Louisville      5.0450-5.1000   DN 12-DN 11.5   -25Z to -19.5Z   UNCH-UP 0.5
Bluegrass           5.0000         DN 11.5          -29.5Z          UP 0.5

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.0000          DN 11

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.0350-12.0550     DN 13.5       -2X to OptX         UNCH
Green River        12.0550         DN 13.5           OptX            UNCH
Pennyrile      11.8550-12.0050     DN 13.5       -20X to -5X         UNCH
Louisville     11.4650-11.8700  DN 13.5-DN 13   -59X to -18.5X   UNCH-UP 0.5
Bluegrass          11.6500          DN 14           -40.5X          DN 0.5

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.9425-7.6125  DN 19.25-UP 32.7  -10N to 57N      UNCH-UP 52
Green River         7.0425         DN 19.25          OptN            UNCH
Pennyrile       6.8925-6.9425      DN 19.25      -15N to -10N        UNCH
 (Milling Qlty)     7.1725         DN 19.25          13N             UNCH
Louisville      6.5125-6.9700  DN 18.25-DN 19.5 -53N to -7.25N   UP 1-DN 0.25
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

1720E          kdb

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