Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Thu, May 22, 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            4.8175         UP 2.25            5N             UNCH

Green River     4.8175-5.1000    UP 2.25-DN 5    5N to 33.25N    UNCH-DN 7.25

Pennyrile       4.6875-4.8475      UP 2.25        -8N to 8N          UNCH

Louisville      4.8300-4.9075   UP 4.5-UP 2.25   6.25N to 14N    UP 2.25-UNCH

Bluegrass       4.5300-4.7000     UP 2-UNCH    -23.75N to -6.75DN 0.25-DN 2.25



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       15.2875-15.3375     UP 13.5        10N to 15N         UNCH

Green River        15.3375         UP 13.5           15N             UNCH

Pennyrile      15.1275-15.2375     UP 13.5        -6N to 5N          UNCH

Louisville     14.8975-15.4400 UP 10.5-UP 14.75 -29N to 25.25N   DN 3-UP 1.25

Bluegrass      14.8500-15.4875  UP 10-UP 13.5   -33.75N to 30N   DN 3.5-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile       6.2625-6.4925        DN 5        -33N to -10N        UNCH

 (Milling Qlty)     6.5725           DN 5            -2N             UNCH

Louisville      5.8425-6.4600    UNCH-DN 6.25  -75N to -13.25N   UP 5-DN 1.25

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        4.5850-4.5900   UP 1.75-UP 1.5   -15Z to -15U        UNCH

Green River         4.6550         UP 1.75           -8Z             UNCH

Pennyrile       4.4850-4.5550      UP 1.75       -25Z to -18Z        UNCH

Louisville      4.4050-4.4600  DN 1.25-UP 3.25  -33Z to -27.5Z   DN 3-UP 1.5

Bluegrass           4.4350         UP 1.75           -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.9900           UP 2



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.7075-12.7575     UP 17.25       OptX to 5X         UNCH

Green River        12.6575         UP 17.25          -5X             UNCH

Pennyrile      12.4575-12.5075     UP 17.25      -25X to -20X        UNCH

Louisville     12.1275-12.5100 UP 16.25-UP 15.5-58X to -19.75X   DN 1-DN 1.75

Bluegrass          12.4075         UP 17.25          -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.4425-6.4725        DN 5        -15N to -12N        UNCH

Green River         6.3925           DN 5            -20N            UNCH

Pennyrile       6.2425-6.4425        DN 5        -35N to -15N        UNCH

 (Milling Qlty)     6.5225           DN 5            -7N             UNCH

Louisville      5.9725-6.4600    UP 3-DN 6.25  -62N to -13.25N   UP 8-DN 1.25

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



1650E          kdb

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