Kentucky Daily Grain Elevators, Open Bids

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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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