Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Tuesday, August 12, 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 37, Wheat dn 41, Sorghum dn 25, Corn dn 7.



                                     (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)    11.95    +1.35x  5.03    -35u                    4.09    +50u

Belzoni             11.73    +1.13x  4.81    -57u                    4.01    +42u

Greenwood           11.70    +1.10x  4.88    -50u                    4.01    +42u

Hollandale                                          3.89    +20z            

Indianola           11.75    +1.15x  4.83    -55u                    4.01    +42u

Greenville (BUNGE)  12.07    +1.47x  5.28    -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)    10.53    -10x    5.72    -20n                     3.83    -20U

Belzoni             10.31    -32x    5.50    -42n                     3.75    -28U

Greenwood           10.28    -35x    5.54    -38n                     3.78    -25U

Hollandale                                          3.79   -20z           

Indianola           10.33    -30x    5.32    -40n                     3.75    -28U

Greenville (BUNGE)  10.48    -15x    5.73    -20n                     3.89    -15U







                                       (Special Bids)

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

     A/S/O 14 N/D 14       A/S 14

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    11.00    +40x    5.51    -Z                      3.79    +20U

Belzoni             10.78    +18x    5.29    -22Z                    3.71    +12U

Greenwood           10.78    +18x    5.36    -15Z                    3.77    +18U

Hollandale                                          -----    +z            

Indianola           10.80    +20x    5.31    -20Z                    3.71    +12U

Greenville (BUNGE)  11.05    +45x    ----    -Z                      3.79    +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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