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USDA - AMS: Ohio River Barge Loading Elevator Grain Bids (2019-04-05)

USDA U.S. Department of Agriculture - April 5, 2019

GX_GR114
Des Moines, IA     Fri, Apr 05, 2019     USDA -IL Market News

Ohio River barge loading grain elevator prices and trends

Spot bids to producers at selected barge loading terminals on the
Ohio River in the Mt. Vernon-Evansville Indiana area.

                 Cash Bids    Bid Change (/bu)     Basis     Basis Change
SRW Wheat            NA               NA              NA           NA
Corn           3.5750-3.6250       DN 2.75       -5K to OptK      UNCH
Soybeans       8.6400-8.7700        DN 7.5       -35K to -22K     UNCH
Sorghum              NA               NA              NA           NA

Contract Bids for Deferred Month Delivery
                 Cash Bids    Bid Change (/bu)     Basis     Basis Change
SRW Wheat(JUL)     4.7975            DN 4            10N          UNCH
Corn(MAY)          3.6250      DN 2.75-DN 5.75       OptK       UNCH-DN 3
Soybeans(MAY)  8.7400-8.8300    DN 8.5-DN 7.5    -25K to -16K   DN 1-UNCH
Sorghum              NA               NA              NA           NA
--------------------------------------------------------------------------------

Spot bids to producers at selected barge loading terminals on the
Ohio River in the Cincinnati, Ohio area.

Grain            Cash Bids    Bid Change (/bu)     Basis     Basis Change
SRW Wheat            NA               NA              NA           NA
Corn           3.5150-3.5650       DN 2.75       -11K to -6K      UNCH
Soybeans       8.5400-8.6200    DN 7.5-DN 2.5    -45K to -37K   UNCH-UP 5

Contract Bids for Deferred Month Delivery
Grain            Cash Bids    Bid Change (/bu)     Basis     Basis Change
SRW Wheat(JUL) 4.5975-4.7975         DN 4        -10N to 10N      UNCH
Corn(MAY)      3.5950-3.6250       DN 2.75       -3K to OptK      UNCH
Soybeans(MAY)  8.6800-8.7400    DN 8.5-DN 7.5    -31K to -25K   DN 1-UNCH


SRW = US 2; Soybeans = US 1 Yellow; Corn = US 2 Yellow

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December
-------------------------------------------------------------------------------
Monthly Prices for: March  2019

                              Mt. Vernon - Evansville, IN    Cincinnati, OH
Yellow Corn                         3.7334          3.7000
Yellow Soybeans                     8.8566          8.7892
Soft Red Wheat                      5.2322          5.0390
Sorghum                               NA              NA

Source:       USDA-Livestock, Poultry & Grain Market News
              Bruce Thomas, Market Reporter 515-284-4460
              www.ams.usda.gov/mnreports/gx_gr114.txt
              www.ams.usda.gov/lpsmarketnewspage
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