Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Jul 08, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.2525          DN 2.25            27U            UNCH

Soybeans   12.6850         DN 24.75           20Q            UNCH

SRW Wheat  5.4625          DN 0.5             -10U           UNCH

Sorghum    7.5800          DN 3               20Z            UNCH



Contract Bids for New Crop Delivery

Corn       3.9325          DN 2.25            -5U            UNCH

Soybeans   11.3425         DN 9.25            18X            UNCH

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.0200          DN 4               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



1349C      hr

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