Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, Jun 25, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.7100          DN 2               30N            UNCH

Soybeans   14.2775-14.3575 UP 2.25            12N to 20N     UNCH

SRW Wheat  5.5850-5.7050   DN 7.5-UP 4.5      -17N to -5N    DN 12 to UNCH

Sorghum    8.2300          DN 4               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.2375-4.3075   DN 1               -12U to -5U    UNCH

Soybeans   12.4900-12.5100 UP 8.5             20X to 22X     UP 4

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.5700-8.6600   DN 1               40Z to 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

        Greg Harrison  501-671-2200

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

        www.ams.usda.gov/LPSMarketNewsPage



1339C      glh

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