Memphis, TN Daily Grain

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Little Rock, AR     Thu, Mar 27, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       5.2000          UP 7.5             28K            UNCH
Soybeans   14.4950-14.6150 DN 3.5             13K to 25K     UNCH
SRW Wheat  7.3050-7.3550   UP 13.75           20K to 25K     UNCH
Sorghum    9.3200-9.3900   UP 13              30K to 34K     UNCH

Contract Bids for New Crop Delivery
Corn       4.9150-4.9450   UP 10.5-UP 5.5     OptU to 3U     UP 5 to UNCH
Soybeans   12.0775-12.0875 DN 0.5             15X to 16X     UNCH
SRW Wheat  7.0950-7.1150   UP 13.25           -5N to -3N     UNCH
Sorghum    8.7500-8.8000   UP 7               2Z 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: February 2014

No. 2 Yellow Corn                       4.8705
No. 1 Yellow Soybeans                  13.9391
No. 2 Soft Red Winter Wheat             6.3767
No. 1 Yellow Sorghum                    8.9529

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Heather Riley 501-671-2200

14:04 C    hr


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