Mississippi Daily Grain Report

JK_GR110

Jackson, Ms Friday, August 29, 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 5, Wheat dn 8, Sorghum dn 4, Corn dn 5.



                                     (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)    11.24    +1.00x  5.14    -50u                    3.75    +10u

Belzoni             11.02    +78x    4.92    -72u                    3.70    +05u

Greenwood           10.99    +75x    4.99    -65u                    3.70    +05u

Hollandale                                          3.85    +20z            

Indianola           11.04    +80x    4.94    -70u                    3.70    +05u

Greenville (BUNGE)  -----    +x      5.10    -40u                    3.79    +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)    10.27    -10x    5.79    -20n                     3.92    +14U

Belzoni             10.05    -32x    5.57    -42n                     3.71    -28U

Greenwood           10.02    -35x    5.61    -38n                     3.71    -28U

Hollandale                                          3.76   -30z           

Indianola           10.07    -30x    5.59    -40n                     3.71    -28U

Greenville (BUNGE)  10.22    -15x    5.79    -20n                     3.81    -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)    10.54    +30x    5.64    -Z                       3.82    +17Z

Belzoni             10.32    +08x    5.42    -22Z                     3.74    +09Z

Greenwood           10.29    +05x    5.49    -15Z                     3.74    +09Z

Hollandale                                          -----    +z            

Indianola           10.34    +10x    5.44    -20Z                     3.74    +09Z

Greenville (BUNGE)  10.59    +35x    ----    -Z                       3.86    +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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