Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Tue, Jun 10, 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        4.5350-4.6550       DN 5.5        8N to 20N          UNCH
Green River     4.7750-5.0000    UP 0.5-UP 17    32N to 54.5N    UP 6-UP 22.5
Pennyrile       4.4550-4.6750       DN 5.5       OptN to 22N         UNCH
Louisville      4.5750-4.6750   DN 5.5-DN 3.5     12N to 22N      UNCH-UP 2
Bluegrass       4.2200-4.4500     DN 6-DN 10   -23.5N to -0.5N  DN 0.5-DN 4.5

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.4600           DN 5

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.5525-14.6525     UP 0.75        60Q to 70Q         UNCH
Green River        14.8450          UP 5.5           22N             UNCH
Pennyrile      14.5650-14.5750      UP 5.5        -6N to -5N         UNCH
Louisville     14.2450-14.7450  UP 4.5-UP 7.5    -38N to 12N      DN 1-UP 2
Bluegrass      14.2500-14.8525   UP 8-UP 0.75   -37.5N to 90Q    UP 2.5-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.8625-5.9325      DN 11.25      -15N to -8N         UNCH
Green River         5.9125         DN 16.25          -10N            DN 5
Pennyrile       5.7625-5.8625      DN 11.25      -25N to -15N        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      5.2925-5.8925  DN 10.25-DN 8.25  -72N to -12N     UP 1-UP 3
Bluegrass       5.5000-5.5125  DN 12.5-DN 11.25-51.25N to -50N   DN 1.25-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 New Crop delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        4.2625-4.3000    DN 6.25-DN 5    -15U to -15Z        UNCH
Green River         4.3700           DN 5            -8Z             UNCH
Pennyrile       4.2300-4.2700        DN 5        -22Z to -18Z        UNCH
Louisville      4.1400-4.1900     DN 4-DN 5      -31Z to -26Z     UP 1-UNCH
Bluegrass           4.1500           DN 5            -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.7000           DN 5

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.2950-12.3450 UP 0.25-UP 5.25    OptX to 5X      DN 5-UNCH
Green River        12.2450         UP 5.25           -5X             UNCH
Pennyrile      12.0450-12.0950     UP 5.25       -25X to -20X        UNCH
Louisville     11.7050-12.1050     UP 6.25       -59X to -19X        UP 1
Bluegrass          11.9950         UP 5.25           -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.8625-5.9325      DN 11.25      -15N to -8N         UNCH
Green River         5.9125         DN 16.25          -10N            DN 5
Pennyrile       5.7625-5.8625      DN 11.25      -25N to -15N        UNCH
 (Milling Qlty)     5.9925         DN 11.25          -2N             UNCH
Louisville      5.3925-5.8925  DN 10.25-DN 8.25  -62N to -12N     UP 1-UP 3
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile           3.1000           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

1638E          kdb

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