Mississippi Daily Grain Report

JK_GR110
Jackson, Ms Friday, January 18, 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 4, Wheat up 10, Sorghum up 3, Corn up 3.

                                     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)    14.86    +57h    8.02    +11h                   7.45    +17h
Belzoni             14.64    +35h    7.80    -11h                   7.25    -03h
Greenwood           14.61    +32h    7.77    -14h                   7.37    -09h
Hollandale                                          6.58    -70h            
Indianola           14.66    +37h    7.82    -09h                   7.32    +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          12.97    +05x    7.85    -20N                   5.87    -27u
Belzoni             12.75    -17x    7.63    -42N                   5.79    -35u
Greenwood           12.72    -20x    7.80    -25N                   5.87    -27u
Hollandale                                          5.16   -75Z                
Indianola           12.77    -15x    7.65    -40N                   5.74    -40u


  
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. Corn market reacted poorly to the Crop Progress data
2. Pork producer margins remain positive, packers better
3. Oil ends higher on weaker dollar, supplies weigh
4. Corn planting pace turns from record slow to record fast
5. Ag markets seemed to follow gold higher Monday afternoon
6. Commentary: GMOs: How do I hate thee?

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Premium Standard Farms Founder Dies Unexpectedly
3. USDA says has detected virus in Iowa hog population
4. Weather report: Rain spreads across the Corn Belt
5. Commentary: GMOs: How do I hate thee?
6. Tyson selects panel to monitor animal welfare program

1. McDonald’s replaces Angus burgers with new burgers, more bacon
2. Insects. They’re what’s for dinner!
3. Tyson selects panel to monitor animal welfare program
4. World food supply depends on character, virtuous leadership
5. Pot Pigs: Marijuana and vodka fed to hogs
6. Buffet concerned about soil and starvation