Kentucky Daily Grain Elevators, Open Bids

SV_GR110
Frankfort, KY     Fri, Mar 15, 2013     USDA-KY Dept of Ag Market News

Kentucky Daily Grain Elevators Opening Bids:
Opening bids for Mar 16-18, 2013 by elevators/mills to farmers:

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         7.5300           DN 0.5       36K                 DN 1
Pennyrile          7.5200-7.7700    UP 0.5       35K to 60K          UNCH
Purchase           7.5200           UP 0.5-No Com35K                 UNCH
Central Bluegrass  7.3000-7.5300    UP 1-UP 0.5  13K to 36K          UP 0.5-UNCH
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.6200-7.6700    UP 0.5       45K to 50K          UNCH
Lincoln Trail      7.3000-7.4000    UP 8         13K to 23K          UP 7.5

                                US NO 2 WHITE CORN
                   Bids             Change
Louisville         NA               NA
Pennyrile          7.9700           UNCH
Purchase           NA               NA
Central Bluegrass  NA               NA
Cumberland Lake    NA               NA
Mammoth Cave       NA               NA
Lincoln Trail      NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         14.3700          DN 10-DN 33  11K                 DN 0.5
Pennyrile          14.6100          DN 9.5       35K                 UNCH
Purchase           14.5600          DN 9.5       30K                 UNCH
Central Bluegrass  13.9700-14.3300  DN 78-DN 10  -29K to 7K          DN 11-DN 0.5
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       14.4600-14.5100  DN 9.5-DN 14.20K to 25K          UNCH-DN 5
Lincoln Trail      14.1500          UP 2         -11K                UP 11.5

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.4900           UP 2         26K                 UP 3.75
Pennyrile          7.2300           DN 1.75      OptK                UNCH
 (Milling Quality) 7.2600           DN 1.75      3K                  UNCH
Purchase           7.3800           UP 3.25      15K                 UP 5-UP 25
Central Bluegrass  6.9500-7.0900    DN 1.75-DN 2 -28K to -14K        UNCH-DN 0.25
Cumberland Lake    NA               NA           NA                  NA
Mammoth Cave       7.1300-7.2300    UP 3.25-DN 1.-10K to OptK        UP 5-UNCH
Lincoln Trail      NA               NA           NA                  NA

                             US NO 2 MILO EXTRA HEAVY
                   Bids             Change       Basis               Change
Mammoth Cave       NA               NA           NA                  NA

                                US NO 2 FEED BARLEY
                   Bids             Change
Mammoth Cave       4.2500           UNCH
------------------------------------------------------------------------------------
Opening Contract Prices for NEW CROP delivery

                                US NO 2 YELLOW CORN
                   Bids             Change       Basis               Change
Louisville         5.4400           UP 2.95      -17.75Z             UP 0.45
Pennyrile          5.5200-5.6200    UP 2.75-UP 3 -9.75Z to -24.75U   UP 0.25
Purchase           5.6175           UP 2.75      -25U                UNCH
Central Bluegrass  5.3200-5.3675    UP 2.95-UP 2.-29.75Z to -25Z     UP 0.45-UNCH
Mammoth Cave       5.4175-5.4675    UP 102.5-UP 2-20Z to -15Z        UNCH

                                US NO 2 WHITE CORN
                   Bids             Change
Pennyrile          6.4700           No Comp
Mammoth Cave       NA               NA

                             US NO 1 YELLOW SOYBEANS
                   Bids             Change       Basis               Change
Louisville         12.4500          UP 1         -16X                DN 0.25
Pennyrile          11.8400-12.5600  DN 70.75-DN 4-77X to -5X         DN 72-DN 5.55
Purchase           12.6100          UP 1.25      OptX                UNCH
Central Bluegrass  12.0500-12.2100  UP 2.25-UP 1 -56X to -40X        UP 1-DN 0.25
Mammoth Cave       12.4100-12.4600  UP 8.25-UP 1.-20X to -15X        UP 7-UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                   Bids             Change       Basis               Change
Louisville         7.2300           DN 2         1.75N               DN 3.25
Pennyrile          7.0600-7.1600    UP 1         -15.25N to -5.25N   DN 0.25
 (Milling Quality) 7.2425           UP 21.25     3N                  UP 20
Purchase           7.1625           UP 1.25      -5N                 UNCH
Central Bluegrass  6.7100-6.7325    UP 1-UP 3.25 -50.25N to -48N     DN 0.25-UP 2
Mammoth Cave       6.8625-6.9125    UP 1.25      -35N to -30N        UNCH

                                US NO 2 FEED BARLEY
                   Bids             Change
Pennyrile          NA               NA
Mammoth Cave       NA               NA

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


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