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Kentucky Opening Bids

SV_GR110
Frankfort, KY     Mon, Sep 18, 2017     USDA-KY Dept of Ag Market News

***The next grain report will be published on Thursday Sept 21, 2017***

Kentucky Daily Grain Elevators Bids:
Bids as of 4:00 est, cash prices by elevators/mills to producers:

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        3.1650-3.2150  DN 5.25-DN 8.25   -35Z to -30Z     DN 2-DN 5
Green River         3.1950         DN 3.25           -32Z            UNCH
Pennyrile       3.2650-3.4150      DN 3.25       -25Z to -10Z        UNCH
Louisville      3.0950-3.1050  DN 3.25-DN 6.25   -42Z to -41Z     UNCH-DN 3
Bluegrass       3.1000-3.2700     DN 5-DN 23   -41.5Z to -24.5ZDN 1.75-DN 19.75

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           3.8700           DN 3

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase        9.4275-9.4675    DN 11-DN 12     -25X to -21X    DN 10-DN 11
Green River         9.3075           DN 1            -37X            UNCH
Pennyrile       9.2275-9.2775        DN 1        -45X to -40X        UNCH
Louisville          8.8575           DN 4            -82X            DN 3
Bluegrass       8.9000-9.6900     UP 5-UP 31   -77.75X to 1.25X   UP 6-UP 32

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Green River           NA              NA              NA              NA
Pennyrile       3.9350-4.0350       DN 5.5       -50Z to -40Z        UNCH
 (Milling Qlty)     4.3850          DN 5.5           -5Z             UNCH
Louisville          3.5750          DN 7.5           -86Z            DN 2
Bluegrass       3.9350-3.9500    DN 5.5-DN 31   -50Z to -48.5Z   UNCH-DN 25.5

                             US NO 2 MILO EXTRA HEAVY
                     Bids           Change          Basis           Change
Purchase              NA              NA              NA              NA
Louisville     3.6850          DN 3.25         17Z             UNCH
Pennyrile      NA              NA              NA              NA

                                US NO 2 FEED BARLEY
               Bids            Change
Pennyrile      NA              NA
------------------------------------------------------------------------------
Opening Contract Prices for New Crop delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        3.2650-3.3650  DN 23.25-DN 13.2  -25z to -15Z    DN 20-DN 10
Green River           NA              NA              NA              NA
Pennyrile       3.2650-3.4150      DN 3.25       -25Z to -10Z        UNCH
Louisville     3.0750          DN 7.25         -44Z            DN 4
Bluegrass      3.2650          DN 1.25         -25Z            UP 2

                                US NO 2 WHITE CORN
               Bids            Change
Pennyrile      3.8700          DN 3

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase        9.3775-9.4175     DN 6-DN 2      -30X to -26X     DN 5-DN 1
Green River         9.3075           DN 1            -37X            UNCH
Pennyrile       9.2275-9.4275        DN 1        -45X to -25X        UNCH
Louisville     8.7675          DN 7            -91X            DN 6
Bluegrass      9.0775          DN 1            -60X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        4.7325-4.8825        DN 4        -15N to OptN        UNCH
Green River         4.6325           DN 4            -25N            UNCH
Pennyrile       4.5325-4.6825        DN 4        -35N to -20N        UNCH
 (Milling Qlty)     4.9325           DN 4             5N             UNCH
Louisville     NA              NA              NA              NA
Bluegrass      4.4825          DN 4            -40N            UNCH

                             US NO 2 MILO EXTRA HEAVY
               Bids            Change          Basis           Change
Purchase       NA              NA              NA              NA
Louisville     NA              NA              NA              NA
Pennyrile      NA              NA              NA              NA

                                US NO 2 FEED BARLEY
               Bids            Change
Pennyrile      NA              NA

Purchase- Inland elevators west of Tennesse River
Green River- Inland elevators near the Green River
Pennyrile- South west KY East of Tennessee River, west of I-65
Louisville-Elevators near the Louisville area
Bluegrass- Central Kentucky/Lexington area

Source: USDA-KY Dept of Ag Market News Service, Frankfort, KY
        Jodee Inman  502-782-4138
 www.ams.usda.gov/mnreports/SV_GR110.txt
 www.ams.usda.gov/LPSMarketNewsPage

          1549EJRI