Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Mon, Mar 17, 2014     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        4.7600-4.8400     DN 7-DN 2       -3K to 5K       UNCH-UP 5
Green River     4.8100-4.9000     UP 37-UP 2      2K to 11K       UP 44-UP 9
Pennyrile       4.7400-4.7900        DN 7        -5K to OptK         UNCH
Louisville      4.8000-4.8100     DN 7-DN 6        1K to 2K       UNCH-UP 1
Bluegrass       4.1900-4.5900        DN 7        -60K to -20K        UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.0400           DN 7

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       13.9175-14.0175     UP 3.25       OptK to 10K         UNCH
Green River        13.8175         UP 3.25           -10K            UNCH
Pennyrile      13.6675-13.8675 UP 3.25-UP 8.25   -25K to -5K      UNCH-UP 5
Louisville     13.2175-13.7775 UP 3.25-UP 9.25   -70K to -14K     UNCH-UP 6
Bluegrass      13.2000-13.7675  DN 10-UP 3.25  -71.75K to -15K  DN 25.75-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.4950-6.7450      DN 12.75      -25K to OptK        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      6.2950-6.4950  DN 12.75-DN 22.7  -45K to -25K     UNCH-DN 10
Bluegrass             NA              NA              NA              NA

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

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile             NA              NA
------------------------------------------------------------------------------
Opening Contract Prices for New Crop delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        4.6200-4.7450    DN 5.25-DN 7    -20Z to -8U      UNCH-DN 1
Green River         4.7100         DN 5.25           -11Z            UNCH
Pennyrile       4.5700-4.6700  DN 5.25-DN 10.25  -25Z to -15Z     UNCH-DN 5
Louisville          4.5700         DN 5.25           -25Z            UNCH
Bluegrass           4.5700         DN 5.25           -25Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.0700           DN 5

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       11.7575-11.8075     UP 1.25        OptX to 5X         UNCH
Green River        11.7075         UP 1.25           -5X             UNCH
Pennyrile      11.4575-11.5575     UP 1.25       -30X to -20X        UNCH
Louisville     11.1675-11.5675     UP 1.25       -59X to -19X        UNCH
Bluegrass          11.4075         UP 1.25           -35X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.5325-6.6825       DN 12        -25N to -10N        UNCH
Green River         6.5325          DN 12            -25N            UNCH
Pennyrile       6.4325-6.6325       DN 12        -35N to -15N        UNCH
 (Milling Qlty)     6.7125          DN 12            -7N             UNCH
Louisville      5.9525-6.4425    DN 12-DN 13     -83N to -34N     UNCH-DN 1
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile           2.9000           UNCH

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
        www.ams.usda.gov/mnreports/SV_GR110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1709E          kdb

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