Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Fri, Mar 22, 2013     USDA-KY Dept of Ag Market News

Kentucky Daily Grain Elevators Opening Bids:
Opening bids for Mar 23-25, 2013 by elevators/mills to farmers:

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         7.4625           DN 6.75      20K                 UNCH
Pennyrile          7.5225-7.8625    DN 6.75      26K to 60K          UNCH
Purchase           7.6125           DN 6.75      35K                 UNCH
Central Bluegrass  7.4000-7.4625    DN 7-DN 6.75 13.75K to 20K       DN 0.25-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.7125           DN 6.75-DN 1145K                 UNCH-DN 5
Lincoln Trail      7.2200-7.3000    UP 2-DN 10   -4.25K to 3.75K     UP 8.75-DN 3.25

                                US NO 2 WHITE CORN
                   Bids             Change
Louisville         NA               NA
Pennyrile          8.0600           DN 7
Purchase           NA               NA
Central Bluegrass  NA               NA
Cumberland Lake    NA               NA
Mammoth Cave       NA               NA
Lincoln Trail      NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         14.6150          DN 8.5       21K                 UNCH
Pennyrile          14.6550          DN 8.5       25K                 UNCH
Purchase           14.6050          DN 8.5       20K                 UNCH
Central Bluegrass  14.1850-14.4700  DN 5.5-DN 9  -22K to 6.5K        UP 3-DN 0.5
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       14.5050-14.5550  DN 8.5       10K to 15K          UNCH
Lincoln Trail      14.3000          DN 10        -10.5K              DN 1.5

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.3775           DN 4         8K                  DN 5
Pennyrile          7.3000           UP 1.25      0.25K               UP 0.25
 (Milling Quality) 7.3275           UP 1         3K                  UNCH
Purchase           7.4475           UP 1         15K                 UNCH
Central Bluegrass  6.9275-7.1600    UP 2-UP 1    -37K to -13.75K     UP 1-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.2475-7.2975    UP 6-UP 1    -5K to OptK         UP 5-UNCH
Lincoln Trail      NA               NA           NA                  NA

                             US NO 2 MILO EXTRA HEAVY
                   Bids             Change       Basis               Change
Mammoth Cave       NA               NA           NA                  NA

                                US NO 2 FEED BARLEY
                   Bids             Change
Mammoth Cave       NA               NA
------------------------------------------------------------------------------------
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         5.4725           DN 3.25      -18Z                UNCH
Pennyrile          5.5525-5.7175    DN 3.25-DN 1.-10Z to -25U        UNCH
Purchase           5.7175           DN 1.5       -25U                UNCH
Central Bluegrass  5.3525-5.4025    DN 3.75-DN 3.-30Z to -25Z        DN 0.5-UNCH
Mammoth Cave       5.4525-5.5025    DN 3.25      -20Z to -15Z        UNCH

                                US NO 2 WHITE CORN
                   Bids             Change
Pennyrile          6.5700           DN 1
Mammoth Cave       NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         12.4675          DN 11.5      -17X                UNCH
Pennyrile          12.0875-12.5875  DN 11.5      -55X to -5X         UNCH
Purchase           12.6375          DN 11.5      OptX                UNCH
Central Bluegrass  12.0675-12.2375  DN 12.5-DN 11-57X to -40X        DN 1-UP 0.25
Mammoth Cave       12.4375-12.4875  DN 11.5      -20X to -15X        UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.2225           DN 3.25      -7N                 DN 5
Pennyrile          7.1425-7.2425    UP 1.75      -15N to -5N         UNCH
 (Milling Quality) 7.3225           UP 1.75      3N                  UNCH
Purchase           7.2925           UP 1.75      OptN                UNCH
Central Bluegrass  6.7725-6.7925    UP 1.75-UP 1.-52N to -50N        UNCH-DN 0.5
Mammoth Cave       6.9925-7.0425    UP 6.75-UP 1.-30N to -25N        UP 5-UNCH

                                US NO 2 FEED BARLEY
                   Bids             Change
Pennyrile          4.2500           No Comp
Mammoth Cave       NA               NA

Source: USDA-KY Dept of Ag Market News Service, Frankfort, KY
        Alex Tolbert  502-564-4896 ext 251
        www.ams.usda.gov/mnreports/SV_GR110.txt
        www.ams.usda.gov/LPSMarketNewsPage


1815C              kdb

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