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Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Mon, Jun 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        4.5500-4.6700        UP 3         8N to 20N          UNCH

Green River     4.7900-4.9000     UP 3-UP 14      32N to 43N      UNCH-UP 11

Pennyrile       4.4700-4.6900        UP 3        OptN to 22N         UNCH

Louisville      4.5000-4.7300     DN 10-UP 3      3N to 26N       DN 13-UNCH

Bluegrass       4.1700-4.4700        DN 3        -30N to OptN        DN 6



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.4100           DN 3



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       14.2950-14.3950     UP 9.25        60Q to 70Q         UNCH

Green River        14.4775         UP 10.5           22N             UNCH

Pennyrile      14.1975-14.2075     UP 10.5        -6N to -5N         UNCH

Louisville     13.8475-14.3300  UP 7.5-UP 8.75  -41N to 7.25N    DN 3-DN 1.75

Bluegrass      13.8000-14.5950   UP 5-UP 9.25   -45.75N to 90Q   DN 5.5-UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        5.7100-5.7800      UP 0.75       -15N to -8N         UNCH

Green River         5.7600         UP 0.75           -10N            UNCH

Pennyrile       5.6100-5.7100      UP 0.75       -25N to -15N        UNCH

 (Milling Qlty)       NA              NA              NA              NA

Louisville      5.1900-5.7200  UP 3.75-DN 6.25   -67N to -14N     UP 3-DN 7

Bluegrass           5.4600      UP 10.75-DN 4        -40N       UP 10-DN 4.75



                             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        4.2800-4.3250    UP 3-UP 3.75    -15U to -15Z        UNCH

Green River         4.3950         UP 3.75           -8Z             UNCH

Pennyrile       4.2750-4.2950      UP 3.75       -20Z to -18Z        UNCH

Louisville      4.1600-4.1650  UP 3.25-DN 1.25  -31.5Z to -31Z   DN 0.5-DN 5

Bluegrass           4.1750         UP 3.75           -30Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           4.6700           DN 2



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.1925-12.2625    UP 7-UP 9       -2X to 5X       DN 2-UNCH

Green River        12.1625           UP 9            -5X             UNCH

Pennyrile      11.9625-12.0125       UP 9        -25X to -20X        UNCH

Louisville     11.6125-11.9900   UP 9-UP 5.75  -60X to -22.25X   UNCH-DN 3.25

Bluegrass          11.9125           UP 9            -30X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        5.7100-5.7800      UP 0.75       -15N to -8N         UNCH

Green River         5.7600         UP 0.75           -10N            UNCH

Pennyrile       5.6100-5.7100      UP 0.75       -25N to -15N        UNCH

 (Milling Qlty)     5.8400         UP 0.75           -2N             UNCH

Louisville      5.2900-5.7200  UP 3.75-DN 6.25   -57N to -14N     UP 3-DN 7

Bluegrass             NA              NA              NA              NA



                                US NO 2 FEED BARLEY

                     Bids           Change

Pennyrile           3.0000          DN 10



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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