Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, May 20, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.9350-4.9650   DN 3.75-DN 2.75    20N to 23N     UNCH to UP 1

Soybeans   14.8275-14.9975 DN 15.5            13N to 30N     UNCH

SRW Wheat  6.6250-6.6550   DN 5-DN 6          -8N to -5N     DN 1 to DN 2

Sorghum    8.8100          DN 7               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.6525-4.6725   DN 2.25-DN 3.25    -7U to -5U     UP 1 to UNCH

Soybeans   12.4725         DN 3.5-DN 6.5      15X            UP 3 to UNCH

SRW Wheat  6.6550-6.6650   DN 3               -5N to -4N     UP 1

Sorghum    8.7900-8.8600   DN 6-DN 8          20Z to 24Z     UNCH to DN 1



* 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



1346C      hr

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