Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Mon, Jun 09, 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        4.5900-4.7100     DN 5-DN 8       8N to 20N       UP 3-UNCH
Green River     4.7700-4.8300     DN 12-DN 8      26N to 32N      DN 4-UNCH
Pennyrile       4.5100-4.7300     DN 3-DN 6      OptN to 22N      UP 5-UP 2
Louisville      4.6300-4.7100     DN 8-DN 6       12N to 20N      UNCH-UP 2
Bluegrass       4.2800-4.5500     DN 8-DN 5       -23N to 4N      UNCH-UP 3

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.5100           DN 8

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.5450-14.6450      DN 6.5        60Q to 70Q         UNCH
Green River        14.7900           UNCH            22N             UNCH
Pennyrile      14.5100-14.5200    UNCH-DN 10      -6N to -5N      UNCH-DN 10
Louisville     14.2000-14.6700    UNCH-DN 3      -37N to 10N      UNCH-DN 3
Bluegrass      14.1700-14.8450   DN 3-DN 6.5     -40N to 90Q      DN 3-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.9750-6.0450  DN 8.75-DN 5.75   -15N to -8N      DN 3-UNCH
Green River         6.0750         DN 5.75           -5N             UNCH
Pennyrile       5.8750-5.9750  DN 0.75-DN 10.75  -25N to -15N     UP 5-DN 5
 (Milling Qlty)       NA              NA              NA              NA
Louisville      5.3950-5.9750  DN 10.75-DN 7.5   -73N to -15N    DN 5-DN 1.75
Bluegrass           5.6250         DN 5.75           -50N            UNCH

                             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        4.3250-4.3500  DN 8.75-DN 7.75   -15U to -15Z        UNCH
Green River         4.4200         DN 7.75           -8Z             UNCH
Pennyrile       4.2800-4.3200  DN 4.75-DN 7.75   -22Z to -18Z     UP 3-UNCH
Louisville      4.1800-4.2400    DN 7.75-DN 6    -32Z to -26Z    UNCH-UP 1.75
Bluegrass           4.2000         DN 7.75           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.7500           DN 8

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase           12.2925          UP 5.5            5X             UNCH
Green River        12.1925          UP 5.5           -5X             UNCH
Pennyrile      11.9925-12.0425      UP 5.5       -25X to -20X        UNCH
Louisville     11.6425-12.0425  UP 5.5-UP 5.25   -60X to -20X    UNCH-DN 0.25
Bluegrass          11.9425          UP 5.5           -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        5.9750-6.0450      DN 5.75       -15N to -8N         UNCH
Green River         6.0750         DN 5.75           -5N             UNCH
Pennyrile       5.8750-5.9750  UP 4.25-DN 5.75   -25N to -15N     UP 10-UNCH
 (Milling Qlty)     6.1050         DN 5.75           -2N             UNCH
Louisville      5.4950-5.9750  DN 10.75-DN 7.5   -63N to -15N    DN 5-DN 1.75
Bluegrass             NA              NA              NA              NA

                                US NO 2 FEED BARLEY
                     Bids           Change
Pennyrile           3.1000           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

1648E          kdb



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