Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Friday, February 15, 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 up 7, Wheat up 10, Sorghum up 4, Corn up 4.

                                     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)    14.60    +35h    7.53    +11h                   7.16    +17h
Belzoni             14.38    +13h    7.31    -11h                   7.08    +09h
Greenwood           14.35    +10h    7.28    -14h                   7.16    +17h
Hollandale                                          6.29    -70h            
Indianola           14.40    +15h    7.33    -09h                   7.03    +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          12.72    +10x    7.26    -25N                   5.52    -30u
Belzoni             12.50    -12x    7.04    -47N                   5.44    -38u
Greenwood           12.47    -15x    7.21    -30N                   5.52    -30u
Hollandale                                          4.88   -75Z                
Indianola           12.52    -10x    7.06    -45N                   5.39    -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. Feeder cattle review: Feed report neutral to slightly bearish
2. Cattle Outlook: Retail choice beef up 9% over past 2 years
3. United States Cattle on Feed down 3 percent
4. Family contribution takes reward for cattle shooting over $16k
5. Nebraska Cattle on Feed down 3 percent
6. Oklahoma Cattle on Feed unchanged

1. New school lunch beef recipes win approval from kids, foodservice
2. Drier weather to give big boost to U.S. corn plantings
3. Prices for corn and soybeans, five years from now
4. Agriculture is expected to remain strong in the coming decade
5. What sick day? Farmers take just three a year
6. Senate Agriculture Committee completes Farm Bill markup

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