Memphis, TN Daily Grain

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Little Rock, AR     Tue, Jan 28, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.6100-4.6200   UP 0.25-DN 1.75    29H to 30H     UNCH to DN 2
Soybeans   13.3050-13.4350 DN 0.25-UP 10.75   45H to 58H     UP 2 to UP 13
SRW Wheat  6.0600-6.0900   UP 2.5             40H to 43H     UNCH
Sorghum    8.6100-8.6600   UP 1-DN 1          50H to 53H     UNCH to DN 1

Contract Bids for New Crop Delivery
Corn       4.3400-4.3900   DN 1.25            -12U to -7U    UNCH
Soybeans   11.2400-11.2800 UP 3.5             19X to 23X     UNCH
SRW Wheat  5.7650-5.7750   UP 1.25            OptN to 1N     UNCH
Sorghum    7.6900-8.1400   DN 3               -20Z to 5Z     UNCH

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  NQ = No Quote  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: December 2013

No. 2 Yellow Corn                       4.5246
No. 1 Yellow Soybeans                  13.8299
No. 2 Soft Red Winter Wheat             6.6714
No. 1 Yellow Sorghum                    8.3133

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Baldemar Ortiz 816-676-7000

13:49 C    bro


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