GL_GR112	
Greeley, CO   Fri September 06, 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 the NASS Crop Progress report 
September 3, 2019, Alabama has 37% of corn, Arkansas has 22% corn and 1% 
soybeans, Georgia has 81% corn, Kentucky has 5% corn, Louisiana has 84% corn and 
16% soybeans, Mississippi has 41% corn and 1% soybeans, Texas has 49% corn and 
31% soybeans, Tennessee has 5% corn harvested.  AMS cash grain bids September 
05, 2019 for corn was 3.62 with a range of 3.53-3.71 and soybeans was 8.04 with 
a range of 7.97-8.11.

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  ---      --------     --------- 
U.S. #2 Yellow Corn      SEP     (.15)-.30     3.28-3.73

                         Basis     Basis       Cash Price
Non-GMO/GE Feed Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  SEP      .15-1.38     8.60-9.83 
U.S. #2 Yellow Corn      SEP     (.15)-.30     3.28-3.73

Region 2

                         Basis     Basis       Cash Price
Non-GMO/GE Food Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  ---     ---------      --------- 
U.S. #2 Yellow Corn      SEP     (.20)-.00     3.23-3.43

                         Basis     Basis       Cash Price
Non-GMO/GE Feed Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  SEP      .20-1.00     8.65-9.45 
U.S. #2 Yellow Corn      SEP     (.20)-.00     3.23-3.43 

CME Yellow Soybeans Futures Closes
Contract Month    09/02/19   09/03/19    09/04/19    09/05/19   09/06/19
SEP   2019         ------     8.5650      8.6250      8.4975     8.4500
NOV   2019         ------     8.6850      8.7550      8.6150     8.5775
JAN   2020         ------     8.8225      8.8925      8.7550     8.7200

CME Yellow Corn Futures Closes
Contract Month    09/02/19   09/03/19    09/04/19    09/05/19   09/06/19
SEP   2019         ------     3.4975      3.4600      3.4650     3.4250
DEC   2019         ------     3.6100      3.5850      3.5875     3.5550
MAR   2020         ------     3.7425      3.7175      3.7175     3.6875

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

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