Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Jul 24, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.8150-3.9650   DN 1-UP 14         20U to 35U     UNCH to UP 15

Soybeans   12.6750         UP 26.5            60Q            UP 20

SRW Wheat  4.9975-5.0875   DN 11-DN 3         -29U to -20U   DN 9 to DN 1

Sorghum    6.9600-7.5800   DN 2               20Z to 55Z     UNCH



Contract Bids for New Crop Delivery

Corn       3.5950-3.6150   UP 6-DN 1          -2U to OptU    UP 7 to UNCH

Soybeans   11.0575-11.1975 UP 8.25            21X to 35X     UNCH

SRW Wheat  5.7050-5.8050   DN 6.5             -30N to -20N   UNCH

Sorghum    7.6700-7.7600   UP 34-DN 2         60Z to 65Z     UP 20 to 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

        James M. Ward  501-671-2200

        www.ams.usda.gov/mnreports/lr_gr110.txt

        www.ams.usda.gov/LPSMarketNewsPage



1407C      JMW

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