Memphis, TN Daily Grain

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Little Rock, AR     Thu, Aug 29, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       5.0225-5.1325   DN 7-DN 6          5U to 16U      UNCH to UP 1
Soybeans   13.0050-14.1850 DN 3.25-DN 9.25    -68X to 50X    UP 1 to DN 5
SRW Wheat  6.0625          DN 6.25            -35U           DN 1
Sorghum    9.3100          UP 37-UP 1         40Z            UP 20 to UNCH

Contract Bids for New Crop Delivery
Corn       4.7025-4.7825   DN 7               -27U to -19U   UNCH
Soybeans   13.9350-13.9450 DN 4.25            25X to 26X     UNCH
SRW Wheat  6.4125          DN 6.25            -25N           UNCH
Sorghum    8.8700-9.1000   UP 2               15Z to 28Z     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: July 2013

No. 2 Yellow Corn                       6.1700
No. 1 Yellow Soybeans                  14.9200
No. 2 Soft Red Winter Wheat             6.6600
No. 1 Yellow Sorghum                    9.6300

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Greg Harrison 816-676-7000

13:55 C    hr


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