Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Friday, February 8, 2013   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 34, Wheat steady, Sorghum dn 2, Corn dn 2.

                                     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)    14.88    +35h    7.67    +11h                   7.26    +17h
Belzoni             14.66    +13h    7.45    -11h                   7.18    +09h
Greenwood           14.63    +10h    7.42    -14h                   7.26    +17h
Hollandale                                          6.39    -70h            
Indianola           14.68    +15h    7.47    -09h                   7.13    +04h

                                     Contract Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     A/S/O 13         MAY/JUNE 13    AUG/SEP 13       J/A/S 13
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville          12.92    +10x    7.38    -25N                   5.55    -30u
Belzoni             12.70    -12x    7.16    -47N                   5.47    -38u
Greenwood           12.67    -15x    7.33    -30N                   5.55    -30u
Hollandale                                          4.88   -75Z                
Indianola           12.72    -10x    7.18    -45N                   5.42    -43u


  
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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1. Beef bull management refresher
2. Beef research and resources update
3. Workshop to discuss nutrient application, management, stewardship
4. Help for flood affected farmers
5. Representative Lucas discusses new Farm Bill
6. U.S. May consumer sentiment highest in nearly 6 years

1. New school lunch beef recipes win approval from kids, foodservice
2. Prices for corn and soybeans, five years from now
3. Drier weather to give big boost to U.S. corn plantings
4. The relationship between retail gasoline prices and futures prices
5. Domestic ethanol production starts to grow again
6. Agriculture is expected to remain strong in the coming decade

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop