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Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Wed, May 14, 2014     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            5.0050     DN 2.25-DN 7.25        5N          UP 5-UNCH

Green River     5.0050-5.1200    DN 7.25-DN 7    5N to 16.5N     UNCH-UP 0.25

Pennyrile       4.8750-4.9850      DN 7.25        -8N to 3N          UNCH

Louisville      4.9950-5.0850  DN 6.25-DN 4.25    4N to 13N       UP 1-UP 3

Bluegrass       4.7200-4.7550    DN 9-DN 9.5    -23.5N to -20N DN 1.75-DN 2.25



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.9500           DN 8



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       14.9675-15.0175       UP 3         10N to 15N         UNCH

Green River        15.0175           UP 3            15N             UNCH

Pennyrile      14.8075-14.9175   UP 3-DN 5.5      -6N to 5N       UNCH-UP 10

Louisville     14.5075-15.1175    UP 8-UP 9      -36N to 25N      UP 5-UP 6

Bluegrass      14.6000-15.1675    UP 15-UP 3    -26.75N to 30N    UP 12-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile       6.5725-6.8025       DN 19        -33N to -10N        UNCH

 (Milling Qlty)     6.8825          DN 19            -2N             UNCH

Louisville      6.1125-6.7125    DN 15-DN 19     -79N to -19N     UP 4-UNCH

Bluegrass             NA              NA              NA              NA



                             US NO 2 MILO EXTRA HEAVY

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA



                                US NO 2 FEED BARLEY

                     Bids           Change

Pennyrile             NA              NA

------------------------------------------------------------------------------

Opening Contract Prices for New Crop delivery



                                US NO 2 YELLOW CORN

                     Bids           Change          Basis           Change

Purchase        4.7400-4.7575    DN 6-DN 5.75    -15Z to -15U        UNCH

Green River         4.8100           DN 6            -8Z             UNCH

Pennyrile       4.6400-4.7100        DN 6        -25Z to -18Z        UNCH

Louisville      4.6100-4.6700     DN 6-DN 5      -28Z to -22Z     UNCH-UP 1

Bluegrass           4.5900           DN 6            -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           5.1400           DN 6



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.2250-12.2750      UP 3.5        OptX to 5X         UNCH

Green River        12.1750          UP 3.5           -5X             UNCH

Pennyrile      11.9750-12.0250      UP 3.5       -25X to -20X        UNCH

Louisville     11.5850-11.9950  UP 3.5-UP 4.5    -64X to -23X     UNCH-UP 1

Bluegrass          11.9250          UP 3.5           -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.7525-6.8025       DN 19        -15N to -10N        UNCH

Green River         6.7025          DN 19            -20N            UNCH

Pennyrile       6.5525-6.7525       DN 19        -35N to -15N        UNCH

 (Milling Qlty)     6.8325          DN 19            -7N             UNCH

Louisville      6.2125-6.7125       DN 19        -69N to -19N        UNCH

Bluegrass             NA              NA              NA              NA



                                US NO 2 FEED BARLEY

                     Bids           Change

Pennyrile           3.1000           UNCH



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

        www.ams.usda.gov/mnreports/SV_GR110.txt

        www.ams.usda.gov/LPSMarketNewsPage



1701E          kdb

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