Soybean Markets

Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Dec 16, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.0600          DN 7.5-DN 12.5     OptH           DN 5 to DN 10

Soybeans   10.6350-10.6850 DN 18-DN 16        40F to 45F     DN 2 to UNCH

SRW Wheat  5.9325          DN 30.75           -30H           DN 35

Sorghum    8.6800          UP 5-DN 4          80H            UP 5 to UNCH



Contract Bids for New Crop Delivery

Corn       4.0800          DN 1.5             -16U           UNCH

Soybeans   10.0200         DN 9.5             OptX           UNCH

SRW Wheat  6.3600          UP 5.75            10N            UNCH

Sorghum    7.2500          DN 3               -25z           UNCH



* All bids are $/bu except Sorghum, which is $/cwt.

NA = Not Available  No Comp = No Comparison



Chicago Board of Trade month symbols: F January, G February, H March,

J April, K May, M June, N July, Q August, U September, V October,

X November, Z December

------------------------------------------------------------------------------

Monthly Prices for: November 2014



No. 2 Yellow Corn                       3.8909

No. 1 Yellow Soybeans                  10.7051

No. 2 Soft Red Winter Wheat             4.9568

No. 1 Yellow Sorghum                    7.6291



Source: USDA-AR Coop Ext Service, Little Rock, AR

        James M. Ward  501-671-2200

        www.ams.usda.gov/mnreports/lr_gr110.txt

        www.ams.usda.gov/LPSMarketNewsPage



1407C      jmw

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