Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Mon, Jul 21, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8400          DN 7.25            20U            UNCH
Soybeans   12.1575         DN 1               40Q            UNCH
SRW Wheat  5.1000-5.1100   DN 2.25            -20U to -19U   UNCH
Sorghum    7.0000          DN 12              20Z            UNCH

Contract Bids for New Crop Delivery
Corn       3.5600-3.5900   DN 7.25            -8U to -5U     UNCH
Soybeans   10.9250-10.9650 DN 13.75           21X to 25X     UNCH
SRW Wheat  5.7575-5.8575   UP 0.75            -30N to -20N   UNCH
Sorghum    7.3600-7.7100   DN 11-DN 12        40Z to 60Z     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: 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

1357C      hr

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