Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Thursday, August 22, 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 54, Wheat up 12, Sorghum up 4, Corn up 1.



                                     (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)    12.42    +2.00x  5.17    -35u                    3.91    +25u

Belzoni             12.20    +1.78x  4.95    -57u                    3.83    +17u

Greenwood           12.17    +1.75x  5.02    -50u                    3.83    +17u

Hollandale                                          3.92    +20z            

Indianola           12.22    +1.80x  4.97    -55u                    3.83    +17u

Greenville (BUNGE)  12.52    +2.10x  5.12    -40u                    3.91    +25u



                       



                                   (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)    10.38    -10x    5.76    -20n                     3.85    -20U

Belzoni             10.16    -32x    5.54    -42n                     3.77    -28U

Greenwood           10.13    -35x    5.58    -38n                     3.80    -25U

Hollandale                                          3.92   +20z           

Indianola           10.18    -30x    5.56    -40n                     3.77    -28U

Greenville (BUNGE)  10.33    -15x    5.76    -20n                     3.87    -18U







                                       (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)    10.92    +50x    5.62    -Z                       3.91    +25U

Belzoni             10.70    +28x    5.40    -22Z                     3.83    +17U

Greenwood           10.70    +28x    5.47    -15Z                     3.89    +23U

Hollandale                                          -----    +z            

Indianola           10.72    +30x    5.42    -20Z                     3.83    +17U

Greenville (BUNGE)  10.92    +50x    ----    -Z                       3.93    +21U







  

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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