Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, Jul 02, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.3925-4.4850   DN 13.5-DN 4.25    27U to 30N     NO COMP to UNCH

Soybeans   13.3475-14.0450 DN 77.25-DN 7.5    20Q to 12N     NO COMP to UNCH

SRW Wheat  5.6050-5.6175   UP 5.75-UP 2       -15U to OptN   NO COMP to UNCH

Sorghum    7.8200-7.8300   DN 9-DN 8          20Z to 20N     NO COMP to UNCH



Contract Bids for New Crop Delivery

Corn       4.0725          DN 3.75            -5U            UNCH

Soybeans   11.5950         DN 6               18X            UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.2700          DN 8               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



1357C      hr

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