Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Thu, Jun 19, 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        4.5850-4.7050        UP 9         8N to 20N          UNCH
Green River     4.7100-4.8250     UNCH-UP 9      20.5N to 32N     DN 9-UNCH
Pennyrile       4.5550-4.7750    UP 14-UP 11      5N to 27N       UP 5-UP 2
Louisville      4.6100-4.7250     UP 8-UP 9      10.5N to 22N     DN 1-UNCH
Bluegrass       4.2700-4.5050        UP 9       -23.5N to OptN       UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.5100           UP 9

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.2900-14.3900     UP 11.75       60Q to 70Q         UNCH
Green River        14.4275         UP 11.75          22N             UNCH
Pennyrile      14.1475-14.1575     UP 11.75       -6N to -5N         UNCH
Louisville     13.8375-14.3100  UP 11.75-UP 9   -37N to 10.25N   UNCH-DN 2.75
Bluegrass      13.8000-14.5900  UP 10-UP 11.75  -40.75N to 90Q   DN 1.75-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.8250-5.8350   UP 5.5-UP 4.5    -11N to -10N     DN 1-DN 2
Green River         5.8850          UP 6.5           -5N             UNCH
Pennyrile       5.6850-5.7850       UP 6.5       -25N to -15N        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      5.3550-5.8900    UP 17.5-UNCH   -58N to -4.5N    UP 11-DN 6.5
Bluegrass       5.5350-5.5900    UP 6.5-UP 7    -40N to -34.5N   UNCH-UP 0.5

                             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        4.2925-4.3250    UP 8.75-UP 8    -15U to -15Z        UNCH
Green River         4.3950           UP 8            -8Z             UNCH
Pennyrile       4.2750-4.2950        UP 8        -20Z to -18Z        UNCH
Louisville      4.1650-4.2000     UP 8-UP 7     -31Z to -27.5Z    UNCH-DN 1
Bluegrass           4.1750           UP 8            -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.7300           UP 8

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.2525-12.3225     UP 14.25       -2X to 5X          UNCH
Green River        12.2225         UP 14.25          -5X             UNCH
Pennyrile      12.0225-12.0725     UP 14.25      -25X to -20X        UNCH
Louisville     11.6925-12.0900  UP 13.25-UP 14 -58X to -18.25X   DN 1-DN 0.25
Bluegrass          11.9725         UP 14.25          -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.8250-5.8350   UP 5.5-UP 4.5    -11N to -10N     DN 1-DN 2
Green River         5.8850          UP 6.5           -5N             UNCH
Pennyrile       5.6850-5.7850       UP 6.5       -25N to -15N        UNCH
 (Milling Qlty)     6.0150         UP 16.5            8N            UP 10
Louisville      5.4550-5.8900    UP 17.5-UNCH   -48N to -4.5N    UP 11-DN 6.5
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile           3.0000           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

1627E          kdb

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