Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Tuesday, April 03, 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 4, Wheat up 1, Sorghum up 3, Corn up 3.

                                     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)    14.32    +15K    6.53    -05K                   ----    +H
Belzoni             14.10    -07K    6.31    -27K                   ----    +H
Greenwood           14.07    -10K    6.28    -30K                   ----    +H
Hollandale                                          6.23    -35K            
Indianola           14.12    -05K    6.33    -25K                   ----    +H
Rosedale            14.28    +11K    6.48    -10K   6.23    -35K    6.61    +03K
Hurricane Point     -----    -F      6.38    -20K   ----    -Z      ----    -
Greenville (Bunge)  14.24    +07K    6.53    -05K   6.08    -50K    6.60    +02K

                                     Contract Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     A/S/O 12         MAY/JUNE 12      AUG/SEP 12      J/S 12
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville          13.89    +10X    6.59    -10N                   5.44    -25U
Belzoni             13.67    -12X    6.37    -32N                   5.36    -33U
Greenwood           13.64    -15X    6.44    -25N                   5.44    -25U
Hollandale                                          5.01   -45Z                
Indianola           13.69    -10X    6.39    -30N                   5.31    -38U
Rosedale            13.83    +04X    6.64    -05N   5.01   -45Z     5.35    -34U
Hurricane Point     -----    -X      6.41    -28N                   ----    -U
Greenville          13.84    +05X    6.59    -10N   4.91   -55Z     5.35    -34U

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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