Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Thu, May 16, 2013     USDA-KY Dept of Ag Market News

Kentucky Daily Grain Elevators Bids:
Bids as of 4:00 est, cash prices by elevators/mills to producers:

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase            6.9650         DN 9.25           55N             UNCH
Green River     6.7700-6.8650    UP 1-DN 9.25    35.5N to 45N   UP 10.25-UNCH
Pennyrile       6.9650-7.0150      DN 9.25        55N to 60N         UNCH
Louisville      6.9150-7.0150  DN 9.25-DN 5.25    50N to 60N      UNCH-UP 4
Bluegrass       6.9500-7.2400     UP 7-DN 9     53.5N to 82.5N UP 16.25-UP 0.25

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.8700           DN 9

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       15.1450-15.2250 UP 14.75-UP 19.7   87N to 95N      UNCH-UP 5
Green River        15.1750         UP 14.75          90N             UNCH
Pennyrile          14.9750         UP 14.75          70N             UNCH
Louisville     14.1450-15.3750 UP 19.75-UP 14.7  -13N to 110N     UP 5-UNCH
Bluegrass      14.6750-15.0100  UP 14.75-UP 10   40N to 73.5N    UNCH-DN 4.75

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.6775-6.7775        DN 6        -20N to -10N        UNCH
 (Milling Qlty)     6.9100         DN 15.75         3.25N          DN 9.75
Louisville      6.3675-7.0275     DN 6-UP 4      -51N to 15N      UNCH-UP 10
Bluegrass           6.6200           DN 6          -25.75N           UNCH

                             US NO 2 MILO EXTRA HEAVY
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile       4.0500-4.1500        UNCH
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        5.0900-5.3375  DN 7.75-DN 9.75   -15Z to -20U        UNCH
Green River         5.1600         DN 7.75           -8Z             UNCH
Pennyrile       5.0400-5.1900      DN 7.75       -20Z to -5Z         UNCH
Louisville      4.9900-5.0400      DN 7.75       -25Z to -20Z        UNCH
Bluegrass           4.9400         DN 7.75           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.9900          DN 10

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.1550-12.1750     UP 7.75       -2X to OptX         UNCH
Green River        12.1750         UP 7.75           OptX            UNCH
Pennyrile      11.9950-12.1250     UP 7.75       -18X to -5X         UNCH
Louisville     11.6250-12.0250 UP 10.75-UP 7.75  -55X to -15X     UP 3-UNCH
Bluegrass          11.7750         UP 7.75           -40X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.7775-6.9275        DN 6         -10N to 5N         UNCH
Green River         6.8775           DN 6            OptN            UNCH
Pennyrile       6.7275-6.9775        DN 6        -15N to 10N         UNCH
 (Milling Qlty)     6.9100         DN 15.75         3.25N          DN 9.75
Louisville      6.3575-6.8575        DN 6        -52N to -2N         UNCH
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile             NA              NA

Purchase- Inland elevators west of Tennesse River
Green River- Inland elevators near the Green River
Pennyrile- South west KY East of Tennessee River, west of I-65
Louisville-Elevators near the Louisville area
Bluegrass- Central Kentucky/Lexington area

Source: USDA-KY Dept of Ag Market News Service, Frankfort, KY
        Alex Tolbert  502-564-4896 ext 251

1626E          kdb

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