Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, May 16, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       5.0350-5.0550   DN 0.75-DN 1.75    20N to 22N     UNCH to DN 1

Soybeans   14.7800-15.0000 DN 5.25            13N to 35N     UNCH

SRW Wheat  6.7125-6.7725   DN 4               -3N to 3N      UNCH

Sorghum    8.9900          DN 1-DN 26         20N            UNCH to DN 14



Contract Bids for New Crop Delivery

Corn       4.7325-4.7625   UP 0.25            -8U to -5U     UNCH

Soybeans   12.3350-12.3650 UP 5.75            12X to 15X     UP 2

SRW Wheat  6.7025-6.7125   DN 4               -4N to -3N     UNCH

Sorghum    8.9500-9.0400   UP 1-UP 10         20Z to 25Z     UNCH to UP 5



* 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: April 2014



No. 2 Yellow Corn                       5.2585

No. 1 Yellow Soybeans                  14.9975

No. 2 Soft Red Winter Wheat             7.0390

No. 1 Yellow Sorghum                    9.5393



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

        Heather Riley  501-671-2200

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

        www.ams.usda.gov/LPSMarketNewsPage



1350C      hr

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