Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Thu, May 29, 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            4.7450           DN 3             5N             UNCH

Green River     4.8450-5.1000     UP 7-UNCH      15N to 40.5N     UP 10-UP 3

Pennyrile       4.6150-4.7950        DN 3         -8N to 10N         UNCH

Louisville      4.8100-4.8550     UNCH-DN 3      11.5N to 16N     UP 3-UNCH

Bluegrass       4.4600-4.6500     DN 3-UNCH    -23.5N to -4.5N    UNCH-UP 3



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       15.0900-15.1300     UP 1.25        10N to 14N         UNCH

Green River        15.1400         UP 1.25           15N             UNCH

Pennyrile      14.9300-15.0400     UP 1.25        -6N to 5N          UNCH

Louisville     14.7400-15.2200   UP 1.25-UNCH    -25N to 23N     UNCH-DN 1.25

Bluegrass      14.7000-15.2900   UNCH-UP 1.25    -29N to 30N     DN 1.25-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile       5.9925-6.2225       DN 6.5       -33N to -10N        UNCH

 (Milling Qlty)     6.3025          DN 6.5           -2N             UNCH

Louisville      5.5925-6.2400    DN 6.5-UNCH    -73N to -8.25N   UNCH-UP 6.5

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        4.4800-4.4825      DN 6.25       -15Z to -15U        UNCH

Green River         4.5500          DN 6.5           -8Z             UNCH

Pennyrile       4.3800-4.4500       DN 6.5       -25Z to -18Z        UNCH

Louisville      4.3000-4.4700    DN 6.5-UNCH     -33Z to -16Z    UNCH-UP 6.5

Bluegrass           4.3300          DN 6.5           -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.8700           DN 7



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.4425-12.4925     UP 1.25        OptX to 5X         UNCH

Green River        12.3925         UP 1.25           -5X             UNCH

Pennyrile      12.1925-12.2425     UP 1.25       -25X to -20X        UNCH

Louisville     11.8525-12.2200   UP 1.25-UNCH  -59X to -22.25X   UNCH-DN 1.25

Bluegrass          12.1425         UP 1.25           -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.1725-6.2025       DN 6.5       -15N to -12N        UNCH

Green River         6.1225          DN 6.5           -20N            UNCH

Pennyrile       5.9725-6.1725       DN 6.5       -35N to -15N        UNCH

 (Milling Qlty)     6.2525          DN 6.5           -7N             UNCH

Louisville      5.7025-6.2400    DN 6.5-UNCH    -62N to -8.25N   UNCH-UP 6.5

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

        ajt  502-564-4896 ext 251

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

        www.ams.usda.gov/LPSMarketNewsPage



1621E          ajt

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