Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, Jul 18, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.9125          DN 8.25            20U            UNCH

Soybeans   12.1675         UP 2               40Q            UNCH

SRW Wheat  5.1225-5.1325   DN 19.5-DN 22.5    -20U to -19U   DN 1 to DN 4

Sorghum    7.1200          DN 15              20Z            UNCH



Contract Bids for New Crop Delivery

Corn       3.6325-3.6625   DN 8.25-DN 5.25    -8U to -5U     UNCH to UP 3

Soybeans   11.0625-11.1025 DN 8.75-DN 5.75    21X to 25X     UNCH to UP 3

SRW Wheat  5.7500-5.8500   DN 15.25           -30N to -20N   UNCH

Sorghum    7.4700-7.8300   DN 16-DN 25        40Z to 60Z     UNCH to DN 5



* 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



1407C      hr

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