GX_GR114
Des Moines, IA     Tue, Mar 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      4.6775-4.8775  UP 44.25-UP 28.25   5K to 25K     UNC
Corn           3.5875-3.6575      DN 1-UP 1      -17K to -10K   DN 2-UNCH
Soybeans       8.7775-8.8675   UP 6.75-DN 2.25   -36K to -27K   UP 9-UNCH
Sorghum              NA               NA              NA           NA

Contract Bids for April 2019 Delivery
                 Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
Corn           3.6975-3.7075      UP 7-UNCH       -6K to -5K    UP 6-DN 1
Soybeans       8.7775-8.9675   DN 12.25-DN 2.25  -36K to -17K  DN 10-UNCH
Sorghum              NA               NA              NA           NA

Contract Bids for July 2019 Delivery
                 Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
SRW Wheat      4.6800-4.7300      UP 25-UP 7      OptN to 5N   UP 18-UNCH
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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          4.5275          UP 7.25           -10K       UNC
Corn           3.4775-3.5875      DN 1-UP 1      -28K to -17K   DN 2-UNCH
Soybeans       8.6175-8.6775   DN 8.25-DN 4.25   -52K to -46K   DN 6-DN 2

Contract Bids for April 2019 Delivery
Grain            Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
Corn           3.6175-3.6375         UP 1        -14K to -12K     UNCH
Soybeans       8.7475-8.8175   DN 2.25-DN 3.25   -39K to -32K   UNCH-DN 1

Contract Bids for July 2019 Delivery
Grain            Cash Bids    Bid Change (¢/bu)     Basis     Basis Change
SRW Wheat      4.5500-4.6800         UP 7        -13N to OptN     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

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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