JK_GR110
Jackson, Ms Wednesday, February 8, 2012   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 steady, Wheat dn 1, Sorghum up 1, Corn up 1.

                                     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)    12.59    +27H    6.61    -H                     6.58    +15H
Belzoni             12.37    +05H    6.39    -22H                   6.50    +07H
Greenwood           12.34    +02H    6.36    -25H                   6.58    +15H
Hollandale                                          6.33    -10Z            
Indianola           12.39    +07H    6.41    -20H                   6.45    +02H
Rosedale            12.57    +25H    6.56    -05H   6.18    -25H    6.57    +14H
Hurricane Point     -----    -F      6.44    -17H   ----    -Z      ----    -
Greenville (Bunge)  12.59    +27H    6.59    -02H   5.93    -50H    6.59    +16H

                                     Contract Bids
                    No 1 Yellow      No 2 Soft Red  No 2 Yellow     No 2 Yellow
                     A/S/O 12         MAY/JUNE 12      AUG/SEP 12      J/S 12
                    Soybeans Basis   Wheat Basis    Sorghum Basis   Corn Basis
Greenville          12.35    -05X    6.69    -10N                   5.87    -10U
Belzoni             12.13    -27X    6.47    -32N                   5.79    -18U
Greenwood           12.10    -30X    6.54    -25N                   5.79    -18U
Hollandale                                          5.24   -50Z                
Indianola           12.15    -25X    6.49    -30N                   5.74    -23U
Rosedale            12.41    +01X    6.74    -05N   5.29   -45Z     5.87    -10U
Hurricane Point     -----    -X      6.51    -28N                   ----    -U
Greenville          12.37    -03X    6.69    -10N   5.19   -55Z     5.87    -10U

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





.