Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Tue, Jun 10, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.7550          DN 4.5-DN 5.5      30N            UP 1 to UNCH
Soybeans   14.7450-14.8250 UP 5.5             12N to 20N     UNCH
SRW Wheat  6.0125-6.0325   DN 11.25           OptN to 2N     UNCH
Sorghum    8.3100          DN 10              20N            UNCH

Contract Bids for New Crop Delivery
Corn       4.3125          DN 6.25            -10U           UNCH
Soybeans   12.4450-12.4550 UP 5.25            15X to 16X     UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    8.6600-8.7500   DN 9-UNCH          40Z to 45Z     UNCH to UP 5

* 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

1355C      hr

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