Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Thu, Jul 24, 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        3.6150-3.8150        DN 1        OptU to 20U         UNCH

Green River         3.9650       DN 1-DN 21.5        35U         UNCH-DN 20.5

Pennyrile       3.7650-3.9750        DN 1         15U to 36U         UNCH

Louisville      3.6800-3.8450    DN 7.5-DN 4     6.5U to 23U     DN 6.5-DN 3

Bluegrass       3.4300-3.6500    DN 1-DN 2.5    -18.5U to 3.5U   UNCH-DN 1.5



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.4750-12.5750  DN 3.5-UP 1.5     40Q to 50Q      DN 10-DN 5

Green River        12.4750         DN 18.5           40Q            DN 25

Pennyrile      12.4750-12.5250      UP 6.5        40Q to 45Q         UNCH

Louisville     11.7550-12.5800   UP 6.5-DN 13   -32Q to 50.5Q    UNCH-DN 19.5

Bluegrass      12.0500-12.9200    DN 46-UP 7    -2.5Q to 84.5Q  DN 52.5-UP 0.5



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        4.9375-4.9675        DN 2        -35U to -32U        UNCH

Green River         4.9375           DN 7            -35U            DN 5

Pennyrile       4.9875-5.0875        DN 2        -30U to -20U        UNCH

 (Milling Qlty)     5.3175           DN 2             3U             UNCH

Louisville      4.3675-4.8700    DN 2-DN 1.75  -92U to -41.75U   UNCH-UP 0.25

Bluegrass       4.8875-5.0200        DN 2      -40U to -26.75U       UNCH



                             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 Fall delivery



                                US NO 2 YELLOW CORN

                     Bids           Change          Basis           Change

Purchase        3.4150-3.5450    DN 1-DN 1.25    -20U to -15Z        UNCH

Green River         3.5450         DN 1.25           -15Z            UNCH

Pennyrile       3.4950-3.5950      DN 1.25       -20Z to -10Z        UNCH

Louisville      3.3550-3.4000  DN 1.25-DN 1.75  -34Z to -29.5Z   UNCH-DN 0.5

Bluegrass           3.2950         DN 1.25           -40Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           3.9500           DN 1



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase           10.8475         UP 8.25           OptX            UNCH

Green River        10.7975         UP 8.25           -5X             UNCH

Pennyrile      10.5975-10.6475     UP 8.25       -25X to -20X        UNCH

Louisville     10.3575-10.7600 UP 13.25-UP 8.5  -49X to -8.75X   UP 5-UP 0.25

Bluegrass          10.4475         UP 8.25           -40X            UNCH



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase              NA              NA              NA              NA

Green River           NA              NA              NA              NA

Pennyrile             NA              NA              NA              NA

 (Milling Qlty)       NA              NA              NA              NA

Louisville            NA              NA              NA              NA

Bluegrass             NA              NA              NA              NA



                                US NO 2 FEED BARLEY

                     Bids           Change

Pennyrile           2.7500           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

          502-564-4896 ext 251

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

        www.ams.usda.gov/LPSMarketNewsPage



1659E          kdb

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