Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Jul 31, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.6700-3.7700   DN 14.75           10U to 20U     DN 10

Soybeans   12.5200         UP 1.5             170X           No Comp

SRW Wheat  5.0125-5.0525   UP 3               -29U to -25U   UNCH

Sorghum    6.9100-7.2700   DN 8-DN 26         20Z to 40Z     UNCH to DN 10



Contract Bids for New Crop Delivery

Corn       3.5200-3.5700   DN 1.75-DN 4.75    -5U to OptU    UP 3 to UNCH

Soybeans   10.9700-11.0500 DN 8.25-DN 1.25    15X to 23X     DN 9 to DN 2

SRW Wheat  5.6575-5.7575   DN 1.75            -30N to -20N   UNCH

Sorghum    7.2700-7.3600   DN 2-DN 17         40Z to 45Z     UP 3 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



1406C      hr

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