Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Wednesday, May 28, 2014   USDA-MS Market News

Mississippi Daily Grain Report.  Grain prices at Country Elevators.



Bid price as of 2:00 p.m. (Price per bushel): Trends compared to previous day

close (Old Crop): Soybeans up 9, Wheat dn 2, Sorghum up 3, Corn up 3.



                                     Cash Bids

                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    15.28    +30n    6.44    +05n                   4.98    +25n

Belzoni             15.06    +08n    6.22    -17n                   4.90    +17n

Greenwood           15.03    +05n    6.29    -10n                   4.90    +17n

Hollandale                                          4.68    -05n            

Indianola           15.08    +10n    6.24    -15n                   4.90    +17n



                                     Contract Bids

                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow

                     A/S/O 14         May/Jun 14      A/S 14         J/A/S 14

                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis

Greenville          12.80x    +37x    ----    -n                     4.74    +05u

Belzoni             12.58x    +15x    ----    -n                     4.66    -03u

Greenwood           12.58x    +15x    ----    -n                     4.70    +01u

Hollandale                                           4.70   -z           

Indianola           12.60x    +17x    ----    -n                     4.66    -03u





  

Chicago Board of Trade/Kansas City Board of Trade month symbols:

F January, H March, K May, N July, Q August, U September, V October,

X November, Z December.



Source: Mississippi Dept. of Ag- USDA Market News, Jackson, Ms.

www.ams.usda.gov/mnreports/JK_ GR110.txt











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