Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, Sep 03, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.4125-3.4200   DN 19.5-DN 18.75   OptU to -10Z   DN 5 to No Comp

Soybeans   10.5500         DN 12-DN 14        35X            UNCH to DN 2

SRW Wheat  4.9875          DN 13.75           -37Z           No Comp

Sorghum    6.7300          DN 12-DN 21        25Z            UP 5 to UNCH



Contract Bids for New Crop Delivery

Corn       NA              NA                 NA             NA

Soybeans   10.3400-10.4000 DN 12-DN 7         14X to 20X     UNCH to UP 5

SRW Wheat  5.4800-5.5800   DN 13              -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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