Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, May 28, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.9550-4.9750   UP 2.75-UP 4.75    23N to 25N     UNCH to UP 2

Soybeans   15.0875-15.3275 UP 10-UP 9         11N to 35N     UP 1 to UNCH

SRW Wheat  6.2375-6.3875   DN 1.25-DN 2.25    -15N to OptN   UP 1 to UNCH

Sorghum    8.7900          UP 4               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.6325-4.6425   UP 5-UP 3          -6U to -5U     UP 2 to UNCH

Soybeans   12.5800-12.6000 UP 5.25-UP 4.25    15X to 17X     UP 1 to UNCH

SRW Wheat  6.3375-6.3875   DN 1.25-DN 2.25    -5N to OptN    UP 1 to UNCH

Sorghum    9.0100-9.1000   UP 7               35Z to 40Z     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



1344C      hr

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