Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Fri, May 17, 2013     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            7.0775         UP 11.25          55N             UNCH
Green River     6.4500-7.0275   DN 32-UP 16.25  -7.75N to 50N   DN 43.25-UP 5
Pennyrile       7.0775-7.1275      UP 11.25       55N to 60N         UNCH
Louisville      7.1275-7.1675  UP 21.25-UP 15.2   60N to 64N      UP 10-UP 4
Bluegrass       7.0500-7.3500    UP 10-UP 11   52.25N to 82.25NDN 1.25-DN 0.25

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.9800          UP 11

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       15.3350-15.3850   UP 19-UP 16      85N to 90N      DN 2-DN 5
Green River        15.3850          UP 21            90N             UNCH
Pennyrile          15.1850          UP 21            70N             UNCH
Louisville     14.3550-15.3350    UP 21-DN 4     -13N to 85N      UNCH-DN 25
Bluegrass      14.8850-15.2200      UP 21        40N to 73.5N        UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.6325-6.7325       DN 4.5       -20N to -10N        UNCH
 (Milling Qlty)     6.8600           DN 5           2.75N           DN 0.5
Louisville      6.3325-6.9325   DN 3.5-DN 9.5    -50N to 10N      UP 1-DN 5
Bluegrass           6.5600           DN 6          -27.25N          DN 1.5

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

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile       4.1000-4.2000        UP 5
------------------------------------------------------------------------------
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        5.0450-5.3600   DN 4.5-UP 2.25   -15Z to -20U        UNCH
Green River         5.1150          DN 4.5           -8Z             UNCH
Pennyrile       4.9950-5.1450       DN 4.5       -20Z to -5Z         UNCH
Louisville      4.9450-4.9950       DN 4.5       -25Z to -20Z        UNCH
Bluegrass           4.8950          DN 4.5           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           6.0100           UP 2

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.2625-12.2825     UP 10.75      -2X to OptX         UNCH
Green River        12.2825         UP 10.75          OptX            UNCH
Pennyrile      12.1025-12.2325     UP 10.75      -18X to -5X         UNCH
Louisville     11.7325-12.1325     UP 10.75      -55X to -15X        UNCH
Bluegrass          11.8825         UP 10.75          -40X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.7325-6.8825       DN 4.5        -10N to 5N         UNCH
Green River         6.8325          DN 4.5           OptN            UNCH
Pennyrile       6.6825-6.9325       DN 4.5       -15N to 10N         UNCH
 (Milling Qlty)     6.8600           DN 5           2.75N           DN 0.5
Louisville      6.3125-6.8125       DN 4.5       -52N to -2N         UNCH
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

1642E          kdb



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