Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Mon, Jun 02, 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            4.7050         DN 0.25            5N             UNCH

Green River     4.7600-4.9550  DN 4.75-DN 14.5   10.5N to 30N  DN 4.5-DN 14.25

Pennyrile       4.6050-4.7750  UP 2.75-UP 1.75    -5N to 12N      UP 3-UP 2

Louisville      4.7500-4.8550    DN 2-UP 3.75    9.5N to 20N     DN 1.75-UP 4

Bluegrass       4.4200-4.6100        UNCH      -23.5N to -4.5N     UP 0.25



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.6600         No Comp



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       15.1050-15.1850 UP 7.25-UP 11.25   10N to 18N      UNCH-UP 4

Green River        15.2050         UP 12.25          20N             UP 5

Pennyrile      14.9450-15.0550     UP 7.25        -6N to 5N          UNCH

Louisville     14.7350-15.2300   UP 5.25-UP 7   -27N to 22.5N    DN 2-DN 0.25

Bluegrass      14.6900-15.3050   UP 5-UP 7.25   -31.5N to 30N    DN 2.25-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.0575-6.1275      No Comp       -15N to -8N       No Comp

Green River         6.1075         No Comp           -10N          No Comp

Pennyrile       5.9075-6.1075   DN 3.5-DN 6.5    -30N to -10N     UP 3-UNCH

 (Milling Qlty)       NA              NA              NA              NA

Louisville      5.4675-6.0700    DN 7.5-DN 12  -74N to -13.75N   DN 1-DN 5.5

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        4.4350-4.4425    UP 1-UP 1.25    -15Z to -15U        UNCH

Green River         4.5050           UP 1            -8Z             UNCH

Pennyrile       4.3350-4.4050        UP 1        -25Z to -18Z        UNCH

Louisville      4.2650-4.3100     UP 2-DN 10    -32Z to -27.5Z    UP 1-DN 11

Bluegrass           4.2850           UP 1            -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.8400           UP 3



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.2975-12.3475       DN 4         OptX to 5X         UNCH

Green River        12.2475           DN 4            -5X             UNCH

Pennyrile      12.0475-12.0975       DN 4        -25X to -20X        UNCH

Louisville     11.6975-12.1000    DN 5-DN 1    -60X to -19.75X    DN 1-UP 3

Bluegrass          11.9975           DN 4            -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        6.0575-6.1275   DN 6.5-DN 2.5    -15N to -8N      UNCH-UP 4

Green River         6.1075          UP 3.5           -10N           UP 10

Pennyrile       5.8575-6.0575       DN 6.5       -35N to -15N        UNCH

 (Milling Qlty)     6.1875          DN 1.5           -2N             UP 5

Louisville      5.5675-6.0700    DN 8.5-DN 12  -64N to -13.75N   DN 2-DN 5.5

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

        Alex Tolbert  502-564-4896 ext 251

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

        www.ams.usda.gov/LPSMarketNewsPage



1651E          kdb

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