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Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Jul 15, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.0600-4.0800   DN 5.5-DN 7.5      32U to 34U     UP 2 to UNCH

Soybeans   12.3050         DN 16.5            50Q            UNCH

SRW Wheat  5.2775-5.3275   UNCH               -10U to -5U    UNCH

Sorghum    7.1700          DN 12              20Z            UNCH



Contract Bids for New Crop Delivery

Corn       3.6900          DN 4.5-DN 6.5      -5U            UP 3 to UP 1

Soybeans   11.0725-11.0825 UP 1               21X to 22X     UP 1

SRW Wheat  5.7850-5.9850   No Comp            -30N to -10N   No Comp

Sorghum    7.4400-7.9800   DN 12-UP 6         35Z to 65Z     UNCH to UP 10



* 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: June 2014



No. 2 Yellow Corn                       4.7612

No. 1 Yellow Soybeans                  14.5437

No. 2 Soft Red Winter Wheat             5.9076

No. 1 Yellow Sorghum                    8.3324



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



1345C      hr

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