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Kentucky Opening Bids

SV_GR110
Frankfort, KY     Fri, May 19, 2017     USDA-KY Dept of Ag Market News

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        3.6750-3.7250     UNCH-UP 4      -5N to OptN      DN 1-UP 3
Green River         3.6750           UP 1            -5N             UNCH
Pennyrile       3.7250-3.7750        UP 1         OptN to 5N         UNCH
Louisville      3.6550-3.6750     DN 1-UNCH       -7N to -5N      DN 2-DN 1
Bluegrass       3.3500-3.7000     DN 4-UP 5    -37.5N to -2.5N    DN 5-UP 4

                                US NO 2 WHITE CORN
                     Bids           Change
Pennyrile           4.0300           UP 1

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase        9.3500-9.4200  DN 24.75-DN 21.7  -18N to -11N     DN 2-UP 1
Green River         9.3300         DN 22.75          -20N            UNCH
Pennyrile       8.9300-9.1300      DN 22.75      -60N to -40N        UNCH
Louisville          8.9600         DN 22.75          -57N            UNCH
Bluegrass       9.0000-9.2500   DN 20-DN 20.75   -53N to -28N    UP 2.75-UP 2

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase            4.3525         UP 28.25          OptN           UP 20
Green River           NA              NA              NA              NA
Pennyrile       4.0025-4.0525      UP 8.25       -35N to -30N        UNCH
 (Milling Qlty)     4.4025         UP 8.25            5N             UNCH
Louisville      3.8825-4.4725  UP 8.25-UP 7.25   -47N to 12N      UNCH-DN 1
Bluegrass           4.0000           UP 7          -35.25N         DN 1.25

                             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
------------------------------------------------------------------------------
Opening Contract Prices for New Crop delivery

                                US NO 2 YELLOW CORN
                     Bids           Change          Basis           Change
Purchase        3.6575-3.7475   DN 3.5-UP 0.5    -14U to -5U      DN 4-UNCH
Green River         3.7025         UP 1.25           -20Z            UNCH
Pennyrile       3.6525-3.7025      UP 1.25       -25Z to -20Z        UNCH
Louisville     3.5925          UP 1.25         -31Z            UNCH
Bluegrass      3.6525          UP 1.25         -25Z            UNCH

                                US NO 2 WHITE CORN
               Bids            Change
Pennyrile      4.2500          UP 1

                             US NO 1 YELLOW SOYBEANS
                     Bids           Change          Basis           Change
Purchase        9.2875-9.3075    DN 16-DN 14     -23X to -21X     UNCH-UP 2
Green River         9.1175          DN 16            -40X            UNCH
Pennyrile       9.0675-9.2175       DN 16        -45X to -30X        UNCH
Louisville     8.7375          DN 16           -78X            UNCH
Bluegrass      9.0175          DN 16           -50X            UNCH

                           US NO 2 SOFT RED WINTER WHEAT
                     Bids           Change          Basis           Change
Purchase        4.3525-4.4525      UP 8.25       OptN to 10N         UNCH
Green River         4.2525         UP 8.25           -10N            UNCH
Pennyrile       4.0525-4.2025      UP 8.25       -30N to -15N        UNCH
 (Milling Qlty)     4.4525         UP 8.25           10N             UNCH
Louisville     4.4725          UP 7.25         12N             DN 1
Bluegrass      4.1525          UP 8.25         -20N            UNCH

                             US NO 2 MILO EXTRA HEAVY
               Bids            Change          Basis           Change
Purchase       NA              NA              NA              NA
Louisville     4.0725          No Comp         17Z             No Comp
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

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