Kentucky Daily Grain Elevators, Open Bids

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SV_GR110
Frankfort, KY     Thu, May 15, 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            4.8925         DN 11.25           5N             UNCH
Green River         4.8925     DN 11.25-DN 22.7       5N         UNCH-DN 11.5
Pennyrile       4.7625-4.9025  DN 11.25-DN 8.25   -8N to 6N       UNCH-UP 3
Louisville      4.8900-4.9825  DN 10.5-DN 10.25  4.75N to 14N    UP 0.75-UP 1
Bluegrass       4.6100-4.6500   DN 11-DN 10.5  -23.25N to -19.2UP 0.25-UP 0.75

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile             NA              NA

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       14.8025-14.8525     DN 16.5        10N to 15N         UNCH
Green River        14.8525         DN 16.5           15N             UNCH
Pennyrile      14.6425-14.7525     DN 16.5        -6N to 5N          UNCH
Louisville     14.3925-14.9500 DN 11.5-DN 16.75 -31N to 24.75N   UP 5-DN 0.25
Bluegrass      14.4500-15.0025  DN 15-DN 16.5   -25.25N to 30N   UP 1.5-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       6.4525-6.6825       DN 12        -33N to -10N        UNCH
 (Milling Qlty)     6.7625          DN 12            -2N             UNCH
Louisville      5.9925-6.5900   DN 12-DN 12.25 -79N to -19.25N   UNCH-DN 0.25
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        4.6550-4.6600   DN 8.5-DN 9.75   -15Z to -15U        UNCH
Green River         4.7250          DN 8.5           -8Z             UNCH
Pennyrile       4.5550-4.6250       DN 8.5       -25Z to -18Z        UNCH
Louisville      4.5250-4.5900    DN 8.5-DN 8    -28Z to -21.5Z   UNCH-UP 0.5
Bluegrass           4.5050          DN 8.5           -30Z            UNCH

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           5.0600           DN 8

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase       12.1775-12.2275     DN 4.75        OptX to 5X         UNCH
Green River        12.1275         DN 4.75           -5X             UNCH
Pennyrile      11.9275-11.9775     DN 4.75       -25X to -20X        UNCH
Louisville     11.5475-11.9600  DN 3.75-DN 3.5 -63X to -21.75X   UP 1-UP 1.25
Bluegrass          11.8775         DN 4.75           -30X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        6.6325-6.6825       DN 12        -15N to -10N        UNCH
Green River         6.5825          DN 12            -20N            UNCH
Pennyrile       6.4325-6.6325       DN 12        -35N to -15N        UNCH
 (Milling Qlty)     6.7125          DN 12            -7N             UNCH
Louisville      6.0925-6.5900   DN 12-DN 12.25 -69N to -19.25N   UNCH-DN 0.25
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

1707E          kdb



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