Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Jul 01, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.5275          DN 1.5             30N            UNCH

Soybeans   14.1200         DN 0.5             12N            UNCH

SRW Wheat  5.5475-5.5975   DN 5               -5N to OptN    UNCH

Sorghum    7.9100          DN 2               20N            UNCH



Contract Bids for New Crop Delivery

Corn       4.1100          DN 2.75            -5U            UNCH

Soybeans   11.6550         DN 9.75            18X            UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.3500          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



1354C      hr

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