Mississippi Daily Grain Report

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JK_GR110
Jackson, Ms Thursday, August 28, 2014   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 up 25, Wheat up 10, Sorghum up 4, Corn up 6.

                                     (Cash Bids)
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
Spot Spot Spot Spot
                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis
Greenville (FGT)    11.29    +1.00x  5.22    -35u                    3.80    +18u
Belzoni             11.07    +78x    5.00    -57u                    3.75    +13u
Greenwood           11.04    +75x    5.07    -50u                    3.75    +13u
Hollandale                                          3.89    +20z            
Indianola           11.09    +80x    5.02    -55u                    3.75    +13u
Greenville (BUNGE)  -----    +x      5.17    -40u                    3.82    +20u

                       

                                   (Contract/New Crop Bids)
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     A/S/O 15        May/Jun 15     Aug/Sept 15      J/A/S 15
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville (FGT)    10.30    -10x    5.85    -20n                     3.83    -20U
Belzoni             10.08    -32x    5.63    -42n                     3.75    -28U
Greenwood           10.05    -35x    5.67    -38n                     3.75    -25U
Hollandale                                          3.79   -30z           
Indianola           10.10    -30x    5.65    -40n                     3.75    -28U
Greenville (BUNGE)  10.25    -15x    5.85    -20n                     3.85    -18U



                                       (Special Bids)
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
     A/S/O 14 N/D 14       O/N/D 14
                    Soybeans basis   Wheat basis    Sorghum basis   Corn  basis
Greenville (FGT)    10.59    +30x    5.72    -Z                       3.79    +10Z
Belzoni             10.37    +08x    5.50    -22Z                     3.78    +09Z
Greenwood           10.34    +05x    5.57    -15Z                     3.78    +09Z
Hollandale                                          -----    +z            
Indianola           10.39    +10x    5.52    -20Z                     3.78    +09Z
Greenville (BUNGE)  10.64    +35x    ----    -Z                       3.90    +21Z



  
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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