Kentucky Daily Grain Elevators, Open Bids

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Frankfort, KY     Wed, Apr 17, 2013     USDA-KY Dept of Ag Market News

***NOTICE:  Effective Monday, April 29, 2013, in order to better serve both 
the public and industry stakeholders, the geographic regions of this report 
will be consolidated into 5 marketing regions.  Additional information is
provided at the bottom of this report***

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
Louisville         6.7750           DN 6.75      17K                 DN 4
Pennyrile          6.8550           DN 2.75      25K                 UNCH
Purchase           6.9550           DN 2.75      35K                 UNCH
Central Bluegrass  6.8150-6.9050    DN 3.5-DN 2.721K to 30K          DN 0.75-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       6.9050-6.9750    DN 2.75      30K to 37K          UNCH
Lincoln Trail      6.6700-6.8000    DN 7-UNCH    6.5K to 19.5K       DN 4.25-UP 2.75

                                US NO 2 WHITE CORN
                   Bids             Change
Louisville         NA               NA
Pennyrile          NA               NA
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         14.7825          UP 17.75     56K                 UP 7
Pennyrile          14.6225          UP 10.75     40K                 UNCH
Purchase           14.5725          UP 15.75     35K                 UP 5
Central Bluegrass  14.0425-14.2300  UP 10.75-UP 1-18K to 0.75K       UNCH-UP 0.25
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       14.3725-14.4225  UP 10.75-UP 115K to 20K          UNCH-UP 5
Lincoln Trail      14.3000          UP 10        7.75K               DN 0.75

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.2375           UP 0.25      20K                 UNCH
Pennyrile          NA               NA           NA                  NA
 (Milling Quality) 7.0175           UP 0.25      -2K                 UNCH
Purchase           NA               NA           NA                  NA
Central Bluegrass  6.6675-6.8800    DN 8.75-UNCH -37K to -15.75K     DN 9-DN 0.25
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       6.8375-7.0375    UP 0.25      -20K to OptK        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       3.9000-4.0000    UNCH
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         5.2725           UP 6.5       -20Z                UNCH
Pennyrile          5.3925-5.4725    UP 6.5       -8Z to OptZ         UNCH
Purchase           5.5400           UP 7.75      -20U                UNCH
Central Bluegrass  5.1725-5.2225    UP 6.5       -30Z to -25Z        UNCH
Mammoth Cave       5.2725-5.3725    UP 6.5       -20Z to -10Z        UNCH

                                US NO 2 WHITE CORN
                   Bids             Change
Pennyrile          6.1900           UP 8
Mammoth Cave       NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         11.9400          DN 2.5       -24X                DN 2
Pennyrile          11.7800-12.1800  DN 0.5       -40X to OptX        UNCH
Purchase           12.1800          DN 0.5       OptX                UNCH
Central Bluegrass  11.5600-11.7800  DN 0.5       -62X to -40X        UNCH
Mammoth Cave       11.9800-12.0300  DN 5.5-DN 0.5-20X to -15X        DN 5-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.1525           DN 0.5       8N                  UNCH
Pennyrile          6.9725-7.1225    DN 0.5       -10N to 5N          UNCH
 (Milling Quality) 7.0525           DN 0.5       -2N                 UNCH
Purchase           7.1725           UP 4.5       10N                 UP 5
Central Bluegrass  6.5725-6.6525    DN 0.5-UP 2.5-50N to -42N        UNCH-UP 3
Mammoth Cave       6.7725-6.9225    DN 0.5-UP 9.5-30N to -15N        UNCH-UP 10

                                US NO 2 FEED BARLEY
                   Bids             Change
Pennyrile          NA               NA
Mammoth Cave       NA               NA

***Geographic Marketing Regions Effective 4/29/13***
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

1604C              kdb

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