Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Fri, Jun 14, 2013     USDA-KY Dept of Ag Market News

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            7.0500         UP 11.5           50N             UNCH
Green River         7.2000       UP 12-UP 10         65N        UP 0.5-DN 1.5
Pennyrile       7.1000-7.2700      UP 11.5        55N to 72N         UNCH
Louisville      7.2200-7.3000  UP 10.5-UP 11.5    67N to 75N      DN 1-UNCH
Bluegrass       6.4600-7.2800   UP 12-UP 19.5     -9N to 73N     UP 0.5-UP 8

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           7.0000          UP 11

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       15.4650-15.5400 UP 6.25-UP 8.75   30N to 120Q      UNCH-UP 85
Green River        15.5150          UP 6.5           35N           UP 0.25
Pennyrile      15.3650-15.4650     UP 6.25        20N to 30N         UNCH
Louisville     14.9650-15.5200 UP 6.25-UP 5.75  -20N to 35.5N    UNCH-DN 0.5
Bluegrass      15.1000-15.5900    UP 5-UP 6     -6.5N to 42.5N DN 1.25-DN 0.25

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.7275-6.8775  DN 4.75-DN 2.75    -8N to 7N       UNCH-UP 2
Green River         6.8375         DN 4.25            3N            UP 0.5
Pennyrile       6.6575-6.9575      DN 4.75       -15N to 15N         UNCH
 (Milling Qlty)     6.9575         DN 4.75           15N             UNCH
Louisville      6.3275-6.7700   DN 6.75-DN 8.5  -48N to -3.75N   DN 2-DN 3.75
Bluegrass       6.4075-6.4400    DN 4.75-DN 5  -40N to -36.75N   UNCH-DN 0.25

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

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile       4.1500-4.2500        UNCH
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        5.1800-5.5675  DN 2.25-UP 3.25   -15Z to -15U     UNCH-UP 2
Green River         5.2500           DN 2            -8Z           UP 0.25
Pennyrile       5.1300-5.2800      DN 2.25       -20Z to -5Z         UNCH
Louisville      5.0800-5.1300      DN 2.25       -25Z to -20Z        UNCH
Bluegrass           5.0300         DN 2.25           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.1700           UP 1

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.9825-13.0125     DN 43.25       OptX to 3X         UNCH
Green River        12.8825         DN 1.75           -10X          UP 41.5
Pennyrile      12.7625-12.9325     DN 43.25      -22X to -5X         UNCH
Louisville     12.4225-12.8300 DN 43.25-DN 42.5-56X to -15.25X   UNCH-UP 0.75
Bluegrass          12.6825         DN 43.25          -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.7275-6.8775  DN 4.75-DN 2.75    -8N to 7N       UNCH-UP 2
Green River         6.8375         DN 4.25            3N            UP 0.5
Pennyrile       6.6575-6.7275      DN 4.75       -15N to -8N         UNCH
 (Milling Qlty)     6.9575         DN 4.75           15N             UNCH
Louisville      6.3075-6.7700   DN 6.75-DN 8.5  -50N to -3.75N   DN 2-DN 3.75
Bluegrass           6.4075         DN 4.75           -40N            UNCH

                                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

1627E          kdb

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