Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, May 23, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.9800-5.0100   UP 1.25-UP 4.25    20N to 23N     UNCH to UP 3

Soybeans   15.2650-15.5050 DN 5.25-DN 3.25    11N to 35N     DN 2 to UNCH

SRW Wheat  6.3750-6.4750   DN 11.75-DN 6.75   -15N to -5N    DN 5 to UNCH

Sorghum    8.8900          UP 2               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.6750-4.7050   DN 0.5-UP 1.5      -8U to -5U     DN 2 to UNCH

Soybeans   12.8075-12.8275 DN 5-DN 8          15X to 17X     UNCH to DN 3

SRW Wheat  6.4750-6.4850   DN 6.75-DN 5.75    -5N to -4N     UNCH to UP 1

Sorghum    9.0200-9.0600   UP 3               30Z to 32Z     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: 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



1356C      hr

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