GL_GR112	
Greeley, CO   Fri March 27, 2020   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.  AMS cash grain bids March 26, 
2020 for corn was 3.45 with a range of 3.38-3.52 and soybeans was 8.49 
with a range of 8.44-8.53.

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      MAY     (.05)-.38      3.41-3.84

                         Basis     Basis       Cash Price
Non-GMO/GE Feed Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  MAY      .75-1.78     9.57-10.60
U.S. #2 Yellow Corn      MAY     (.05)-.38      3.41-3.84

Region 2

                         Basis     Basis       Cash Price
Non-GMO/GE Food Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  ---     ---------      --------- 
U.S. #2 Yellow Corn      MAY     (.01)-.08     3.45-3.54

                         Basis     Basis       Cash Price
Non-GMO/GE Feed Grade    Month     Range         Range
U.S. #1 Yellow Soybeans  MAY      .20-1.45     9.02-10.27
U.S. #2 Yellow Corn      MAY     (.01)-.08     3.45-3.54 

CME Yellow Soybeans Futures Closes
Contract Month    03/23/20   03/24/20    03/25/20    03/26/20   03/27/20
MAY   2020         8.8400     8.8675      8.8150      8.8025     8.8150
JLY   2020         8.8550     8.8750      8.8475      8.8475     8.8525
AUG   2020         8.8475     8.8650      8.8550      8.8575     8.8575                               

CME Yellow Corn Futures Closes
Contract Month    03/23/20   03/24/20    03/25/20    03/26/20   03/27/20
MAY   2020         3.4350     3.4725      3.4850      3.4875     3.4600 
JLY   2020         3.4950     3.5200      3.5350      3.5425     3.5175 
SEP   2020         3.5525     3.5650      3.5825      3.5900     3.5600                               

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