Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Monday, August 25, 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 48, Wheat dn 10, Sorghum dn 5, Corn dn 13.



                                     (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)    11.94    +1.65x  5.07    -35u                    3.78    +18u

Belzoni             11.72    +1.43x  4.85    -57u                    3.70    +10u

Greenwood           11.69    +1.40x  4.92    -50u                    3.70    +10u

Hollandale                                          3.87    +20z            

Indianola           11.74    +1.45x  4.87    -55u                    3.70    +10u

Greenville (BUNGE)  -----    +0x     5.03    -40u                    ----    +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)    10.29    -10x    5.72    -20n                     3.82    -20U

Belzoni             10.07    -32x    4.85    -42n                     3.74    -28U

Greenwood           10.04    -35x    4.92    -38n                     3.77    -25U

Hollandale                                          3.79   -30z           

Indianola           10.09    -30x    4.87    -55n                     3.74    -28U

Greenville (BUNGE)  10.25    -15x    5.73    -20n                     4.02    -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)    10.69    +40x    ----    -Z                       ----    +U

Belzoni             10.47    +18x    ----    -Z                       ----    +U

Greenwood           10.44    +15x    ----    -Z                       ----    +U

Hollandale                                          -----    +z            

Indianola           10.49    +20x    ----    -Z                       ----    +U

Greenville (BUNGE)  10.79    +50x    ----    -Z                       ----    +U







  

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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