Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Mon, Jun 02, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.8950-4.9050   UP 0.75-DN 0.25    24N to 25N     UP 1 to UNCH

Soybeans   15.1250-15.3550 UP 7.25            12N to 35N     UNCH

SRW Wheat  6.2075          UP 8.5-DN 6.5      OptN           UP 15 to UNCH

Sorghum    8.6700          UP 1-UNCH          20N            UP 1 to UNCH



Contract Bids for New Crop Delivery

Corn       4.5225-4.5425   DN 0.75-UP 1.25    -7U to -5U     DN 2 to UNCH

Soybeans   12.4575         DN 4-DN 5          16X            UNCH to DN 1

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.9000          UP 2-DN 2          40Z            UNCH to DN 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

        Heather Riley  501-671-2200

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

        www.ams.usda.gov/LPSMarketNewsPage



1410C      hr

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