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Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, Jun 18, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.7150          UP 2.75            30N            UNCH

Soybeans   14.2100-14.2900 UP 10.75           12N to 20N     UNCH

SRW Wheat  5.8200-5.8900   UP 5.25            -5N to 2N      UNCH

Sorghum    8.2400          UP 5               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.2550          UP 1.5             -10U           UNCH

Soybeans   12.2800-12.2900 UP 1               15X to 16X     UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.6500          UNCH               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



1348C      hr

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