Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, May 30, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.8875-4.9075   DN 3.75            23N to 25N     UNCH

Soybeans   15.0525-15.2825 DN 5.75            12N to 35N     UNCH

SRW Wheat  6.1225-6.2725   DN 5.25            -15N to OptN   UNCH

Sorghum    8.6600-8.6700   DN 8-DN 7          19N to 20N     DN 1 to UNCH



Contract Bids for New Crop Delivery

Corn       4.5300          DN 5.25            -5U            UNCH

Soybeans   12.4975-12.5075 DN 10.5            16X to 17X     UNCH

SRW Wheat  6.2725          DN 5.25            OptN           UNCH

Sorghum    0.7100-0.7500   DN 827-DN 823      40Z to 42Z     UNCH to UP 2



* 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

        James M. Ward  501-671-2200

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

        www.ams.usda.gov/LPSMarketNewsPage



1357C      jmw

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