Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Jul 22, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.8025          DN 3.75            20U            UNCH

Soybeans   12.2400         UP 8.25            40Q            UNCH

SRW Wheat  5.0450-5.0550   DN 5.5             -20U to -19U   UNCH

Sorghum    6.9300          DN 7               20Z            UNCH



Contract Bids for New Crop Delivery

Corn       3.5225-3.5525   DN 3.75            -8U to -5U     UNCH

Soybeans   10.7875-10.8275 DN 13.75           21X to 25X     UNCH

SRW Wheat  5.7150-5.8150   DN 4.25            -30N to -20N   UNCH

Sorghum    7.2900-7.6500   DN 7-DN 6          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



1348C      hr

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