Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, May 29, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.9250-4.9450   DN 3               23N to 25N     UNCH

Soybeans   15.1100-15.3400 UP 2.25-UP 1.25    12N to 35N     UP 1 to UNCH

SRW Wheat  6.1750-6.3250   DN 6.25            -15N to OptN   UNCH

Sorghum    8.7400          DN 5               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.5825          DN 5-DN 6          -5U            UP 1 to UNCH

Soybeans   12.6025-12.6125 UP 2.25-UP 1.25    16X to 17X     UP 1 to UNCH

SRW Wheat  6.3250          DN 1.25-DN 6.25    OptN           UP 5 to UNCH

Sorghum    8.9800          DN 3-DN 12         40Z            UP 5 to 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



1349C      hr

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