Kentucky Daily Grain Elevators, Open Bids

SV_GR110

Frankfort, KY     Thu, Jul 31, 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        3.5225-3.7225   DN 4.5-DN 9.5     -5U to 15U      UNCH-DN 5

Green River         3.8725     DN 4.5-DN 10.75       30U         UNCH-DN 6.25

Pennyrile       3.7225-3.8925       DN 4.5        15U to 32U         UNCH

Louisville      3.6100-3.7525    DN 8-DN 8.5     3.75U to 18U    DN 3.5-DN 4

Bluegrass       3.3900-3.6000        DN 5      -18.25U to 2.75U     DN 0.5



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile             NA              NA



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       12.1050-12.2050  UP 9.25-DN 20    130X to 140X    UP 10-UP 120

Green River        12.2550         DN 0.75           145X            UNCH

Pennyrile      12.0550-12.2375 DN 0.75-UP 3.25   125X to OptQ        UNCH

Louisville     11.8575-12.4600   UP 3.25-DN 8   -38Q to 22.25Q  UNCH-DN 11.25

Bluegrass      11.4875-12.0500   DN 9.25-UP 5  -75Q to -18.75Q DN 12.5-UP 1.75



                           US NO 2 SOFT RED WINTER WHEAT

                     Bids           Change          Basis           Change

Purchase        4.8050-4.9050  DN 6.75-UP 3.25   -50U to -40U     DN 10-UNCH

Green River         4.9550         UP 3.25           -35U            UNCH

Pennyrile       4.9550-5.0050  UP 3.25-DN 3.75   -35U to -30U     UNCH-DN 7

 (Milling Qlty)     5.3350         UP 3.25            3U             UNCH

Louisville      4.3650-4.8500    UP 3.25-UP 1   -94U to -45.5U   UNCH-DN 2.25

Bluegrass       4.6700-4.9050    UP 3-UP 3.25   -63.5U to -40U   DN 0.25-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        3.3925-3.5200       DN 4.5       -18U to -15Z        UNCH

Green River         3.5200          DN 4.5           -15Z            UNCH

Pennyrile       3.4700-3.6200       DN 4.5       -20Z to -5Z         UNCH

Louisville      3.3200-3.3400    DN 4.5-DN 5     -35Z to -33Z    UNCH-DN 0.5

Bluegrass           3.2700          DN 4.5           -40Z            UNCH



                                US NO 2 WHITE CORN

                     Bids           Change

Pennyrile           3.9700           DN 5



                             US NO 1 YELLOW SOYBEANS

                     Bids           Change          Basis           Change

Purchase       10.8050-10.8250 DN 0.75-UP 1.25    OptX to 2X      UNCH-UP 2

Green River        10.7550         DN 0.75           -5X             UNCH

Pennyrile      10.5550-10.7050     DN 0.75       -25X to -10X        UNCH

Louisville     10.1850-10.5500   DN 5.75-DN 4   -62X to -25.5X   DN 5-DN 3.25

Bluegrass          10.4050         DN 0.75           -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



1421E          kdb

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