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Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Thursday, August 28, 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 25, Wheat up 10, Sorghum up 4, Corn up 6.



                                     (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)    11.29    +1.00x  5.22    -35u                    3.80    +18u

Belzoni             11.07    +78x    5.00    -57u                    3.75    +13u

Greenwood           11.04    +75x    5.07    -50u                    3.75    +13u

Hollandale                                          3.89    +20z            

Indianola           11.09    +80x    5.02    -55u                    3.75    +13u

Greenville (BUNGE)  -----    +x      5.17    -40u                    3.82    +20u



                       



                                   (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)    10.30    -10x    5.85    -20n                     3.83    -20U

Belzoni             10.08    -32x    5.63    -42n                     3.75    -28U

Greenwood           10.05    -35x    5.67    -38n                     3.75    -25U

Hollandale                                          3.79   -30z           

Indianola           10.10    -30x    5.65    -40n                     3.75    -28U

Greenville (BUNGE)  10.25    -15x    5.85    -20n                     3.85    -18U







                                       (Special Bids)

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

     A/S/O 14 N/D 14       O/N/D 14

                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis

Greenville (FGT)    10.59    +30x    5.72    -Z                       3.79    +10Z

Belzoni             10.37    +08x    5.50    -22Z                     3.78    +09Z

Greenwood           10.34    +05x    5.57    -15Z                     3.78    +09Z

Hollandale                                          -----    +z            

Indianola           10.39    +10x    5.52    -20Z                     3.78    +09Z

Greenville (BUNGE)  10.64    +35x    ----    -Z                       3.90    +21Z







  

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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