Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Fri, Mar 21, 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       UP 0.5        -3K to 5K          UNCH
Green River         4.7700          DN 3.5           -2K             DN 4
Pennyrile           4.7400          UP 0.5           -5K             UNCH
Louisville      4.7800-4.8300   UP 3.5-UP 5.5     -1K to 4K       UP 3-UP 5
Bluegrass       4.2000-4.5900    UP 1-UP 0.5     -59K to -20K    UP 0.5-UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.7900           UNCH

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.0875-14.1875      DN 25        OptK to 10K         UNCH
Green River        14.0900         DN 24.75         0.25K          UP 0.25
Pennyrile      13.8375-14.0375      DN 25        -25K to -5K         UNCH
Louisville     13.5875-14.2100  DN 25-DN 17.75  -50K to 12.25K   UNCH-UP 7.25
Bluegrass      13.5900-13.9875      DN 25      -49.75K to -10K       UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.6825-6.9325      DN 10.5       -25K to OptK        UNCH
 (Milling Qlty)       NA              NA              NA              NA
Louisville      6.1125-6.7700  DN 10.5-DN 4.75 -82K to -16.25K   UNCH-UP 5.75
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        4.6000-4.7100   DN 0.75-DN 0.5   -20Z to -10U        UNCH
Green River         4.7000         DN 0.75           -10Z            UNCH
Pennyrile       4.5500-4.6500      DN 0.75       -25Z to -15Z        UNCH
Louisville          4.5200     DN 0.75-DN 2.75       -28Z         UNCH-DN 2
Bluegrass           4.5500         DN 0.75           -25Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.0500           DN 1

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       11.7725-11.8225     DN 12.25       OptX to 5X         UNCH
Green River        11.7200         DN 12.5          -5.25X         DN 0.25
Pennyrile      11.5225-11.5725 DN 7.25-DN 12.25  -25X to -20X     UP 5-UNCH
Louisville     11.2125-11.6200 DN 11.25-DN 11.5-56X to -15.25X   UP 1-UP 0.75
Bluegrass          11.4725         DN 12.25          -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.6750-6.8150    DN 10-DN 14     -28N to -14N     UNCH-DN 4
Green River         6.7000         DN 10.5          -25.5N          DN 0.5
Pennyrile       6.6050-6.8050       DN 10        -35N to -15N        UNCH
 (Milling Qlty)     6.8850          DN 10            -7N             UNCH
Louisville      6.0550-6.6300    DN 18-DN 2.5   -90N to -32.5N   DN 8-UP 7.5
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

1711E          kdb



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