Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Fri, May 16, 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            4.8850         DN 0.75            5N             UNCH

Green River         4.8850         DN 0.75            5N             UNCH

Pennyrile       4.7550-4.8950      DN 0.75        -8N to 6N          UNCH

Louisville      4.8750-4.9750   DN 1.5-DN 0.75    4N to 14N      DN 0.75-UNCH

Bluegrass       4.6000-4.6500     DN 1-UNCH    -23.5N to -18.5NDN 0.25-UP 0.75



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       14.7500-14.8000     DN 5.25        10N to 15N         UNCH

Green River        14.8000         DN 5.25           15N             UNCH

Pennyrile      14.5900-14.7000     DN 5.25        -6N to 5N          UNCH

Louisville     14.3400-14.9100   DN 5.25-DN 4    -31N to 26N     UNCH-UP 1.25

Bluegrass      14.4000-14.9500   DN 5-DN 5.25    -25N to 30N     UP 0.25-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile       6.4125-6.6425        DN 4        -33N to -10N        UNCH

 (Milling Qlty)     6.7225           DN 4            -2N             UNCH

Louisville          6.5525      UP 56-DN 3.75        -19N       UP 60-UP 0.25

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        4.6600-4.6625   UP 0.5-UP 0.25   -15Z to -15U        UNCH

Green River         4.7300          UP 0.5           -8Z             UNCH

Pennyrile       4.5600-4.6300       UP 0.5       -25Z to -18Z        UNCH

Louisville      4.5300-4.5500    UP 0.5-DN 4     -28Z to -26Z    UNCH-DN 4.5

Bluegrass           4.5100          UP 0.5           -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           5.0600           UNCH



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.2150-12.2650     UP 3.75        OptX to 5X         UNCH

Green River        12.1650         UP 3.75           -5X             UNCH

Pennyrile      11.9650-12.0150     UP 3.75       -25X to -20X        UNCH

Louisville     11.5850-12.0350  UP 3.75-UP 7.5   -63X to -18X    UNCH-UP 3.75

Bluegrass          11.9150         UP 3.75           -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.5925-6.6425        DN 4        -15N to -10N        UNCH

Green River         6.5425           DN 4            -20N            UNCH

Pennyrile       6.3925-6.5925        DN 4        -35N to -15N        UNCH

 (Milling Qlty)     6.6725           DN 4            -7N             UNCH

Louisville          6.5525      UP 46-DN 3.75        -19N       UP 50-UP 0.25

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



1721E          kdb

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