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Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Aug 07, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.7450-3.7650   DN 3.75            15U to 17U     UNCH

Soybeans   12.1400-12.4800 DN 2               136X to 170X   UNCH

SRW Wheat  5.3150-5.3250   DN 6.5             -30U to -29U   UNCH

Sorghum    6.9000-7.3400   DN 5-DN 6          15Z to 40Z     UNCH



Contract Bids for New Crop Delivery

Corn       NA              NA                 NA             NA

Soybeans   10.9500-10.9800 DN 2               17X to 20X     UNCH

SRW Wheat  5.8850-5.9850   DN 5.5             -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



1352C      hr

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