GX_GR114
Des Moines, IA     Fri, May 24, 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           4.2125-4.2625   UP 15.5-UP 16.5    17N to 22N    UP 1-UP 2
Soybeans       8.2175-8.3275  UP 10.25-UP 13.25   -8N to 3N     UP 2-UP 5
Sorghum              NA               NA              NA           NA

Contract Bids for Deferred Month Delivery
                 Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
SRW Wheat(JUL) 5.1150-5.1450  UP 21.25-UP 19.25   22N to 25N    UP 2-UNCH
Corn(JUL)      4.0225-4.1725       UP 14.5        -2N to 13N      UNCH
Soybeans(JUL)  8.1475-8.2175   UP 10.25-UP 9.25  -15N to -8N    UP 2-UP 1
Sorghum              NA               NA              NA           NA
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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          4.8450          UP 19.25          -5N          UNCH
Corn           4.1425-4.2425   UP 14.5-UP 22.5    10N to 20N    UNCH-UP 8
Soybeans       8.2975-8.3875  UP 18.25-UP 17.25   OptN to 9N   UP 10-UP 9

Contract Bids for Deferred Month Delivery
Grain            Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
SRW Wheat(JUL) 4.9650-5.0450       UP 19.25       7N to 15N       UNCH
Corn(JUL)      3.9725-4.1925   UP 14.5-UP 21.5    -7N to 15N    UNCH-UP 7
Soybeans(JUL)  8.1175-8.1675  UP 10.25-UP 13.25  -18N to -13N   UP 2-UP 5


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
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Monthly Prices for: April  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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