GL_GR112 Greeley, CO Fri June 14, 2019 USDA- CO Dept of Ag Market News National Weekly Non-GMO/GE Grain Report Compared to last week: Demand is very good with moderate trade. Grower bids for corn and soybeans were steady. According to NASS Crop Progress Report June 10, 2019, corn planted was 83% versus 99% for the same time last year and soybeans planted was 60% versus 92% for the same time last year. AMS closing cash grain bids from June 13, 2019 for corn was 4.46 with a range of 4.38-4.55 and soybeans was 8.45 with a range of 8.41-8.48. Contracted Commodities are being moved this week. Grower Bids: bids reported thresher run in dollars per bushel and delivered elevator/warehouse in car lot or truck lots. Basis month is the futures contract delivery month the commodity is being priced against. Basis reflects the relationship between the cash market and the corresponding commodity futures basis month. Cash bid prices are basis of the futures market close on the issue date of this report. Region 1 Basis Basis Cash Price Non-GMO/GE Food Grade Month Range Range U.S. #1 Yellow Soybeans JLY 1.10-2.25 10.07-11.22 U.S. #2 Yellow Corn JLY (.03)-.22 4.50-4.75 Basis Basis Cash Price Non-GMO/GE Feed Grade Month Range Range U.S. #1 Yellow Soybeans JLY .10-1.60 9.07-10.57 U.S. #2 Yellow Corn JLY (.03)-.22 4.50-4.75 Region 2 Basis Basis Cash Price Non-GMO/GE Food Grade Month Range Range U.S. #1 Yellow Soybeans JLY 1.00-1.50 9.97-10.47 U.S. #2 Yellow Corn JLY (.40)-.05 4.13-4.58 Basis Basis Cash Price Non-GMO/GE Feed Grade Month Range Range U.S. #1 Yellow Soybeans JLY .50-1.20 9.47-10.17 U.S. #2 Yellow Corn JLY (.40)-.05 4.13-4.58 CME Yellow Soybeans Futures Closes Contract Month 06/10/19 06/11/19 06/12/19 06/13/19 06/14/19 JLY 2019 8.5850 8.5925 8.7800 8.8800 8.9675 AUG 2019 8.6525 8.6625 8.8475 8.9450 9.0300 SEP 2019 8.7225 8.7325 8.9175 9.0175 9.1000 CME Yellow Corn Futures Closes Contract Month 06/10/19 06/11/19 06/12/19 06/13/19 06/14/19 JLY 2019 4.1575 4.2775 4.3000 4.4200 4.5300 SEP 2019 4.2400 4.3625 4.3825 4.4775 4.5825 DEC 2019 4.3450 4.4700 4.4850 4.5575 4.6350 Region 1: Wisconsin, Illinois, Michigan, Indiana, Ohio, Kentucky, Tennessee, Mississippi, Alabama, Georgia, Florida, South Carolina, North Carolina, Virginia, West Virginia, Maryland, Delaware, Pennsylvania, New York, New Jersey, Connecticut, Rhode Island, Massachusetts, New Hampshire, Vermont and Maine. Region 2: Minnesota, Iowa, Missouri, Arkansas, Louisiana, Texas, Oklahoma, Kansas, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Washington, Oregon and California. Source: USDA- CO Dept of Ag Market News Service, Greeley, CO Jonathan Gittlein, Market Reporter, (970)353-9750 24 Hour Market Report (970)353-8031 www.ams.usda.gov/mnreports/GL_LS335.txt 1400 jpg