Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Mon, Jun 16, 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        4.5500-4.6700        UP 3         8N to 20N          UNCH
Green River     4.7900-4.9000     UP 3-UP 14      32N to 43N      UNCH-UP 11
Pennyrile       4.4700-4.6900        UP 3        OptN to 22N         UNCH
Louisville      4.5000-4.7300     DN 10-UP 3      3N to 26N       DN 13-UNCH
Bluegrass       4.1700-4.4700        DN 3        -30N to OptN        DN 6

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.4100           DN 3

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.2950-14.3950     UP 9.25        60Q to 70Q         UNCH
Green River        14.4775         UP 10.5           22N             UNCH
Pennyrile      14.1975-14.2075     UP 10.5        -6N to -5N         UNCH
Louisville     13.8475-14.3300  UP 7.5-UP 8.75  -41N to 7.25N    DN 3-DN 1.75
Bluegrass      13.8000-14.5950   UP 5-UP 9.25   -45.75N to 90Q   DN 5.5-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.7100-5.7800      UP 0.75       -15N to -8N         UNCH
Green River         5.7600         UP 0.75           -10N            UNCH
Pennyrile       5.6100-5.7100      UP 0.75       -25N to -15N        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      5.1900-5.7200  UP 3.75-DN 6.25   -67N to -14N     UP 3-DN 7
Bluegrass           5.4600      UP 10.75-DN 4        -40N       UP 10-DN 4.75

                             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        4.2800-4.3250    UP 3-UP 3.75    -15U to -15Z        UNCH
Green River         4.3950         UP 3.75           -8Z             UNCH
Pennyrile       4.2750-4.2950      UP 3.75       -20Z to -18Z        UNCH
Louisville      4.1600-4.1650  UP 3.25-DN 1.25  -31.5Z to -31Z   DN 0.5-DN 5
Bluegrass           4.1750         UP 3.75           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.6700           DN 2

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.1925-12.2625    UP 7-UP 9       -2X to 5X       DN 2-UNCH
Green River        12.1625           UP 9            -5X             UNCH
Pennyrile      11.9625-12.0125       UP 9        -25X to -20X        UNCH
Louisville     11.6125-11.9900   UP 9-UP 5.75  -60X to -22.25X   UNCH-DN 3.25
Bluegrass          11.9125           UP 9            -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.7100-5.7800      UP 0.75       -15N to -8N         UNCH
Green River         5.7600         UP 0.75           -10N            UNCH
Pennyrile       5.6100-5.7100      UP 0.75       -25N to -15N        UNCH
 (Milling Qlty)     5.8400         UP 0.75           -2N             UNCH
Louisville      5.2900-5.7200  UP 3.75-DN 6.25   -57N to -14N     UP 3-DN 7
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile           3.0000          DN 10

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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