Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Wed, May 08, 2013     USDA-KY Dept of Ag Market News

***NOTICE: In order to better serve both the public and industry stakeholders, the geographic regions of this report 
have been consolidated into 5 marketing regions.  Those regions are defined 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
Purchase        6.6800-6.9500    DN 27-DN 1.5     35N to 20K      DN 20-UNCH
Green River     6.5600-6.7500     DN 12-DN 7      23N to 42N      DN 5-UNCH
Pennyrile       6.8800-6.9300        DN 7         55N to 60N         UNCH
Louisville      6.8300-6.9100     DN 7-DN 1       50N to 58N      UNCH-UP 6
Bluegrass       6.8500-7.0300     UNCH-DN 2       52N to 70N      UP 7-UP 5

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile             NA              NA

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase           14.6575      UP 13.5-UP 8.5       75N          UP 5-UNCH
Green River        14.7575          UP 8.5           85N             UNCH
Pennyrile          14.6075          UP 8.5           70N             UNCH
Louisville     13.7175-14.9500 UP 8.5-UP 10.75 -19N to 104.25N   UNCH-UP 2.25
Bluegrass      14.3075-14.5500   UP 8.5-UP 15   40N to 64.25N    UNCH-UP 6.5

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.8600-6.9600        DN 3        -20N to -10N        UNCH
 (Milling Qlty)     7.1900           DN 3            13N             UNCH
Louisville      6.5500-7.1100        DN 3         -51N to 5N         UNCH
Bluegrass           6.8000           DN 3            -26N            UNCH

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

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile       4.0000-4.1000        UNCH
------------------------------------------------------------------------------
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        5.1700-5.3375  DN 7.25-DN 7.75   -15Z to -20U        UNCH
Green River         5.2400         DN 7.25           -8Z             UNCH
Pennyrile       5.1200-5.3200      DN 7.25       -20Z to OptZ        UNCH
Louisville      5.0700-5.1200      DN 7.25       -25Z to -20Z        UNCH
Bluegrass           5.0200         DN 7.25           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.9900           DN 8

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.1225-12.1425     DN 0.25       -2X to OptX         UNCH
Green River        12.1425         DN 0.25           OptX            UNCH
Pennyrile      11.9425-12.0925     DN 0.25       -20X to -5X         UNCH
Louisville     11.5425-11.9600  UP 0.75-UP 1.5 -60X to -18.25X   UP 1-UP 1.75
Bluegrass          11.7425         DN 0.25           -40X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.9600-7.1100     DN 3-UNCH       -10N to 5N      UNCH-UP 3
Green River         7.0600           DN 3            OptN            UNCH
Pennyrile       6.9100-6.9600        DN 3        -15N to -10N        UNCH
 (Milling Qlty)     7.1900           DN 3            13N             UNCH
Louisville      6.5400-7.0100     DN 3-DN 7      -52N to -5N      UNCH-DN 4
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
        www.ams.usda.gov/mnreports/SV_GR110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1629E          kdb



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