Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Fri, Aug 01, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.6250-3.6750   DN 4.5-DN 9.5      10U to 15U     UNCH to DN 5

Soybeans   11.9850         DN 53.5            140X           DN 30

SRW Wheat  5.0525-5.0925   UP 4               -29U to -25U   UNCH

Sorghum    6.8300-7.1800   DN 8-DN 9          20Z to 40Z     UNCH



Contract Bids for New Crop Delivery

Corn       NA              NA                 NA             NA

Soybeans   10.7350-10.7850 DN 23.5-DN 26.5    15X to 20X     UNCH to DN 3

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

Sorghum    NA              NA                 NA             NA



* 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: July 2014



No. 2 Yellow Corn                       4.0516

No. 1 Yellow Soybeans                  12.6502

No. 2 Soft Red Winter Wheat             5.2586

No. 1 Yellow Sorghum                    7.3530



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



1402C      hr

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