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Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, Jun 06, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.8800-4.8900   UP 9-UP 10         29N to 30N     DN 1 to UNCH

Soybeans   14.6900-14.8700 DN 3.5-DN 9.5      12N to 30N     UNCH to DN 6

SRW Wheat  6.1825-6.2025   UP 12.5            OptN to 2N     UNCH

Sorghum    8.5500          UP 17              20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.4625-4.5125   UP 12              -10U to -5U    UNCH

Soybeans   12.3475-12.3675 UP 8.25            16X to 18X     UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.8900          UP 19              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: May 2014



No. 2 Yellow Corn                       5.1338

No. 1 Yellow Soybeans                  15.0258

No. 2 Soft Red Winter Wheat             6.8802

No. 1 Yellow Sorghum                    9.2187



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



1353C      hr

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