Memphis, TN Daily Grain

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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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