Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Tuesday, August 5, 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 dn 17, Wheat up 7, Sorghum dn 2, Corn dn 3.



                                     (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)    11.63    +1.00x  5.46    -05u                    4.06    +50u

Belzoni             11.42    +78x    5.24    -27u                    3.98    +42u

Greenwood           11.41    +75x    5.34    -20u                    3.99    +42u

Hollandale                                          4.17    +50z            

Indianola           11.45    +80x    5.28    -25u                    3.98    +42u

Greenville (BUNGE)  11.10    +45x    5.48    -05u                    ----    +u



                       



                                   (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)    10.60    -10x    5.94    -15n                     3.91    -10U

Belzoni             10.39    -32x    5.76    -37n                     3.84    -18U

Greenwood           10.39    -35x    5.77    -33n                     3.87    -15U

Hollandale                                          3.90   -20z           

Indianola           10.43    -30x    5.77    -35n                     3.84    -18U

Greenville (BUNGE)  10.58    -15x    5.92    -20n                     ----    -U







                                       (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)    11.09    +45x    ----    -u                      3.76    +20Z

Belzoni             10.87    +23x    ----    -u                      3.68    +12Z

Greenwood           10.89    +23x    ----    -u                      3.75    +18Z

Hollandale                                          -----    +z            

Indianola           10.90    +25x    ----    -u                      3.68    +12Z

Greenville (BUNGE)  10.91    +26x    ----    -u                      3.87    -15Z







  

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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