Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Tue, Sep 16, 2014     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       3.3375-3.3875   DN 4.25-DN 6.25    -10Z to -5Z    DN 5 to DN 7

Soybeans   10.1575         DN 8.75-DN 28.75   35X            UNCH to DN 20

SRW Wheat  4.5425          DN 4.5             -42Z           UNCH

Sorghum    6.5000          UP 7               20Z            UP 3



Contract Bids for New Crop Delivery

Corn       NA              NA                 NA             NA

Soybeans   9.9575-10.0075  DN 13.75           15X to 20X     DN 5

SRW Wheat  5.0300-5.1300   DN 5.25            -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: August 2014



No. 2 Yellow Corn                       3.7523

No. 1 Yellow Soybeans                  11.6670

No. 2 Soft Red Winter Wheat             5.1418

No. 1 Yellow Sorghum                    6.8074



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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