Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Tuesday, August 7, 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 8, Wheat dn 4, Sorghum dn 4, Corn dn 13.

                                     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)    15.81    +15x    8.41    -48U                   7.28    -68U
Belzoni             15.59    -x      8.19    -70U                   7.08    -88U
Greenwood           15.56    -10x    8.48    -41U                   7.20    -76U
Hollandale                                          6.26    -1.75Z            
Indianola           15.61    -05x    8.21    -68U                   7.15    -81U
Rosedale            -----    +N      ----    -N     ----    -N      ----    +N
Hurricane Point     -----    -N      ----    -N     ----    -N      ----    -
Greenville (Bunge)  -----    +N      ----    -N     ----    -N      ----    +N

                                     Contract Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     JAN 13         MAY/JUNE 13      AUG/SEP 13       JAN 13
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville          15.86    +25F    8.20    -30N                   8.04    -H
Belzoni             15.64    +03F    7.98    -52N                   7.96    -08H
Greenwood           15.61    -X      8.15    -35N                   8.04    -H
Hollandale                                          5.81   -60Z                
Indianola           15.66    +05F    8.00    -50N                   7.91    -13H
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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