Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Aug 14, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.7000-3.7700   UP 2-UP 4          8U to 15U      DN 2 to UNCH

Soybeans   11.5600         DN 15.75           100X           DN 25

SRW Wheat  5.0225          UP 9.25            -35U           UNCH

Sorghum    6.4900-6.7600   UP 7-UNCH          -10Z to 5Z     UNCH to DN 4



Contract Bids for New Crop Delivery

Corn       NA              NA                 NA             NA

Soybeans   10.6900-10.7600 UP 9.25-UP 6.25    13X to 20X     UNCH to DN 3

SRW Wheat  5.6525-5.7525   UP 6.75            -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



1351C      hr

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