Memphis, TN Daily Grain

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Little Rock, AR     Wed, Feb 26, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.8750-4.9050   DN 1.25-DN 3.25    32H to 35H     DN 1 to DN 3
Soybeans   14.4725-14.6125 UP 8.25-UP 0.25    40H to 54H     UNCH to DN 8
SRW Wheat  6.4000-6.4100   DN 15-DN 17        40H to 41H     UNCH to DN 2
Sorghum    8.9900-9.2100   DN 1-UNCH          48H to 60H     UNCH

Contract Bids for New Crop Delivery
Corn       4.6850-4.7050   DN 1.5             5U to 7U       UNCH
Soybeans   11.9025-11.9125 UP 1.75-DN 0.25    21X to 22X     UNCH to DN 2
SRW Wheat  6.1800-6.2100   DN 15.75-DN 14.75  7N to 10N      DN 3 to DN 2
Sorghum    8.6000          DN 2-DN 4          15Z            UNCH to DN 1

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  NQ = No Quote  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: January 2014

No. 2 Yellow Corn                       4.5535
No. 1 Yellow Soybeans                  13.5106
No. 2 Soft Red Winter Wheat             6.1956
No. 1 Yellow Sorghum                    8.5836

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Heather Riley 501-671-2200

13:54 C    hr


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