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Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Friday, August 8, 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 7, Wheat up 13, Sorghum up 7, Corn dn 8.



                                     (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)    12.32    +1.47x  5.44    -05u                    4.02    +50u

Belzoni             12.10    +1.25x  5.22    -27u                    3.94    +42u

Greenwood           12.07    +1.22x  5.29    -20u                    3.94    +42u

Hollandale                                          4.14    +50z            

Indianola           12.12    +1.27x  5.24    -25u                    3.94    +42u

Greenville (BUNGE)  -----    +x      5.39    -10u                    ----    +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)    10.74    -10x    5.89    -15n                     3.88    -10U

Belzoni             10.52    -32x    5.67    -37n                     3.80    -18U

Greenwood           10.49    -35x    5.71    -33n                     3.83    -15U

Hollandale                                          3.86   -20z           

Indianola           10.54    -30x    5.69    -35n                     3.80    -18U

Greenville (BUNGE)  10.69    -15x    5.84    -20n                     3.83    -15U







                                       (Special Bids)

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

     A/S/O 14       J/A/S 14

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    11.30    +45x    ----    -u                      3.72    +20U

Belzoni             11.08    +23x    ----    -u                      3.64    +12U

Greenwood           11.08    +23x    ----    -u                      3.70    +18U

Hollandale                                          -----    +z            

Indianola           11.10    +25x    ----    -u                      3.64    +12U

Greenville (BUNGE)  11.30    +45x    ----    -u                      3.72    +20U







  

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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