Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Jun 17, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.6875          DN 2.25            30N            UNCH

Soybeans   14.1025-14.1825 DN 23.5            12N to 20N     UNCH

SRW Wheat  5.7675-5.8375   DN 6.25-UP 0.75    -5N to 2N      DN 7 to UNCH

Sorghum    8.1900          DN 4               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.2400          DN 2.75            -10U           UNCH

Soybeans   12.2700-12.2800 DN 5               15X to 16X     UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.6500          DN 5               45Z            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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