Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Monday, August 4, 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 21, Wheat no trend, Sorghum up 7, Corn up 36.



                                     (Cash Bids)

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

Spot Spot Spot Spot

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    11.80    +1.00x  5.39    -05u                    4.09    +50u

Belzoni             11.58    +78x    5.17    -27u                    4.01    +42u

Greenwood           11.55    +75x    5.24    -20u                    4.01    +42u

Hollandale                                          4.19    +50z            

Indianola           11.60    +80x    5.19    -25u                    4.01    +42u

Greenville (BUNGE)  11.25    +45x    5.39    -05u                    3.79    +20u



                       



                                   (Contract/New Crop Bids)

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

                     A/S/O 15        May/Jun 15     Aug/Sept 15      J/A/S 15

                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis

Greenville (FGT)    10.75    -10x    5.89    -15n                     3.95    -10U

Belzoni             10.53    -32x    5.67    -37n                     3.87    -18U

Greenwood           10.50    -35x    5.71    -33n                     3.90    -15U

Hollandale                                          3.93   -20z           

Indianola           10.55    -30x    5.69    -35n                     3.87    -18U

Greenville (BUNGE)  10.70    -15x    5.84    -20n                     3.90    -15U







                                       (Special Bids)

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

     A/S/O 14       O/N/D 14

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    11.25    +45x    ----    -u                      3.86    +17Z

Belzoni             11.03    +23x    ----    -u                      3.78    +09Z

Greenwood           11.03    +23x    ----    -u                      3.78    +09Z

Hollandale                                          -----    +z            

Indianola           11.05    +25x    ----    -u                      3.78    +09Z

Greenville (BUNGE)  11.06    +26x    ----    -u                      3.91    +22Z







  

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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