Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Wed, Mar 26, 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        4.8450-4.8950     UP 1-DN 2       OptK to 5K      UP 3-UNCH
Green River     4.7800-4.8250     UP 3-DN 2      -6.5K to -2K     UP 5-UNCH
Pennyrile       4.7950-4.8350     DN 2-UP 2       -5K to -1K      UNCH-UP 4
Louisville      4.8950-4.9050     DN 1-DN 5        5K to 6K       UP 1-DN 3
Bluegrass       4.2500-4.7700     DN 2-UP 2    -59.5K to -7.5K    UNCH-UP 4

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.8500           DN 2

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.4000-14.5200      UP 12        OptK to 12K         UNCH
Green River        14.4000          UP 12            OptK            UNCH
Pennyrile      14.1500-14.3500      UP 12        -25K to -5K         UNCH
Louisville     14.0400-14.4700    UP 14-UP 5      -36K to 7K      UP 2-DN 7
Bluegrass      13.9100-14.3500      UP 12        -49K to -5K         UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.7175-6.9675      DN 11.5       -25K to OptK        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      6.2475-6.8475   DN 8.5-DN 11.5   -72K to -12K     UP 3-UNCH
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        4.6400-4.7700  DN 2.25-DN 1.25   -20Z to -9U      UNCH-UP 1
Green River         4.7400         DN 2.25           -10Z            UNCH
Pennyrile       4.5900-4.6900      DN 2.25       -25Z to -15Z        UNCH
Louisville      4.5700-4.5900      DN 4.25       -27Z to -25Z        DN 2
Bluegrass           4.5900         DN 2.25           -25Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.0900           DN 2

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       11.9325-11.9825      UP 4.5        OptX to 5X         UNCH
Green River        11.8825          UP 4.5           -5X             UNCH
Pennyrile      11.6825-11.7325      UP 4.5       -25X to -20X        UNCH
Louisville     11.3525-11.7525      UP 4.5       -58X to -18X        UNCH
Bluegrass          11.6325          UP 4.5           -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.7625-6.8825   DN 7.5-DN 9.5    -25N to -13N     UP 3-UP 1
Green River         6.6625         DN 10.5           -35N            UNCH
Pennyrile       6.6625-6.8625      DN 10.5       -35N to -15N        UNCH
 (Milling Qlty)     6.9425         DN 10.5           -7N             UNCH
Louisville      6.2425-6.7325   DN 6.5-DN 11.5   -77N to -28N     UP 4-DN 1
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

1651E          kdb

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