Mississippi Daily Grain Report

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JK_GR110
Jackson, Ms Tuesday, May 2, 2012   USDA-MS Market News
Mississippi Daily Grain Report.  Grain prices at Country Elevators.

Bid price as of 2:00 p.m. (Price per bushel): Trends compared to previous day
close (Old Crop): Soybeans dn 14, Wheat dn 28, Sorghum dn 17, Corn dn 17.

                                     Cash Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis
Greenville (FGT)    15.10    +25N    6.15    -0K                    6.37    +25N
Belzoni             14.88    +03N    5.93    -22N                   6.29    +17N
Greenwood           14.85    -0N     6.10    -05N                   6.37    +25N
Hollandale                                          5.92    -20N            
Indianola           14.90    +05N    5.95    -20N                   6.24    +12N
Rosedale            -----    +N      ----    -K     ----    -K      ----    +K
Hurricane Point     -----    -N      ----    -K     ----    -Z      ----    -
Greenville (Bunge)  -----    +N      ----    -K     ----    -K      ----    +K

                                     Contract Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     A/S/O 12         MAY/JUNE 12      AUG/SEP 12      J/S 12
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville          13.95    +27X    ----    -N                     5.09    -30U
Belzoni             13.73    +05X    ----    -N                     5.01    -38U
Greenwood           13.70    +02X    ----    -N                     5.09    -30U
Hollandale                                          4.71   -60Z                
Indianola           13.75    +07X    ----    -N                     4.96    -43U
Rosedale            -----    +X      ----    -N     ----   -Z       ----    -U
Hurricane Point     -----    -X      ----    -N                     ----    -U
Greenville          -----    +X      ----    -N     ----   -Z       ----    -U
  
Chicago Board of Trade/Kansas City Board of Trade month symbols:
F January, H March, K May, N July, Q August, U September, V October,
X November, Z December.

Source: Mississippi Dept. of Ag- USDA Market News, Jackson, Ms.
www.ams.usda.gov/mnreports/JK_ GR110.txt





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