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Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Jul 03, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.3650-4.4700   DN 2.75-DN 1.5     27U to 30N     UNCH

Soybeans   13.1975-13.9975 DN 15-DN 4.75      20Q to 12N     UNCH

SRW Wheat  5.6450-5.7950   UP 4-UP 17.75      -15U to OptU   UNCH to NO COMP

Sorghum    7.7700-7.8000   DN 5-DN 3          20Z to 20N     UNCH



Contract Bids for New Crop Delivery

Corn       4.0450          DN 2.75            -5U            UNCH

Soybeans   11.5150         DN 8               18X            UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.2200          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



1259C      hr

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