Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Fri, May 23, 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            4.8300         UP 1.25            5N             UNCH

Green River     4.8300-5.1000    UP 1.25-UNCH     5N to 32N      UNCH-DN 1.25

Pennyrile       4.7000-4.8600      UP 1.25        -8N to 8N          UNCH

Louisville      4.8700-4.9400    UP 4-UP 3.25     9N to 16N      UP 2.75-UP 2

Bluegrass       4.5400-4.7000     UP 1-UNCH      -24N to -8N   DN 0.25-DN 1.25



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       15.2550-15.2650 DN 3.25-DN 7.25    10N to 11N      UNCH-DN 4

Green River        15.3050         DN 3.25           15N             UNCH

Pennyrile      15.0950-15.2050     DN 3.25        -6N to 5N          UNCH

Louisville     14.9050-15.4000   UP 0.75-DN 4   -25N to 24.5N    UP 4-DN 0.75

Bluegrass      14.8500-15.4550   UNCH-DN 3.25   -30.5N to 30N    UP 3.25-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile       6.1950-6.4250      DN 6.75       -33N to -10N        UNCH

 (Milling Qlty)     6.5050         DN 6.75           -2N             UNCH

Louisville      5.7950-6.3900    DN 4.75-DN 7   -73N to -13.5N   UP 2-DN 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        4.6025-4.6050   UP 1.75-UP 1.5   -15Z to -15U        UNCH

Green River         4.6725         UP 1.75           -8Z             UNCH

Pennyrile       4.5025-4.5725      UP 1.75       -25Z to -18Z        UNCH

Louisville      4.4225-4.5200    UP 1.75-UP 6  -33Z to -23.25Z   UNCH-UP 4.25

Bluegrass           4.4525         UP 1.75           -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           5.0000           UP 1



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.6575-12.7075       DN 5         OptX to 5X         UNCH

Green River        12.6075           DN 5            -5X             UNCH

Pennyrile      12.4075-12.4575       DN 5        -25X to -20X        UNCH

Louisville     12.0675-12.4500       DN 6      -59X to -20.75X       DN 1

Bluegrass          12.3575           DN 5            -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.3750-6.4050      DN 6.75       -15N to -12N        UNCH

Green River         6.3250         DN 6.75           -20N            UNCH

Pennyrile       6.1750-6.3750      DN 6.75       -35N to -15N        UNCH

 (Milling Qlty)     6.4550         DN 6.75           -7N             UNCH

Louisville      5.9050-6.3900    DN 6.75-DN 7   -62N to -13.5N   UNCH-DN 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



1625E          kdb

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