Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Monday, May 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 up 8, Wheat dn 4, Sorghum up 5, Corn up 5.

                                     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)    14.91    +25N    6.12    -0K                    6.45    +25N
Belzoni             14.69    +03N    5.90    -22N                   6.37    +17N
Greenwood           14.66    -0N     6.07    -05N                   6.45    +25N
Hollandale                                          6.00    -20N            
Indianola           14.71    +05N    5.92    -20N                   6.32    +12N
Rosedale            -----    +N      ----    -K     ----    -K      ----    +K
Hurricane Point     -----    -N      ----    -K     ----    -Z      ----    -
Greenville (Bunge)  -----    +N      ----    -K     ----    -K      ----    +K

                                     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          13.81    +27X    ----    -N                     5.03    -30U
Belzoni             13.59    +05X    ----    -N                     4.95    -38U
Greenwood           13.56    +02X    ----    -N                     5.03    -30U
Hollandale                                          4.65   -60Z                
Indianola           13.61    +07X    ----    -N                     4.90    -43U
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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